News
COVID-19 will Accelerate Pay-TV Services Revenue Decline in Australia, Forecasts GlobalData
Published: Jul 13,2020The total pay-TV services revenue in Australia is set to decline at a compound annual growth rate (CAGR) of 3.2% from US$2.6bn in 2019 to US$2.2bn in 2024 due to the declining cable and direct-to-Home (DTH) TV subscriptions and falling pay-TV average revenue per user (ARPU), according to GlobalData, a leading data and analytics company.
Intel Steps up Hiring in Taiwan to Secure Semiconductor Chips supply Chain for PC Partners
Intel Corporation (Intel) is ramping up hiring activity globally but more so in Taiwan. The move forms part of Intel’s...
5G to Drive China Mobile Communication Services Revenue at 3.7% CAGR During 2020-2025
The total mobile services revenue in China is set to increase from US$119.1bn in 2020 to US$142.8bn in 2025, at a compounded annual growth rate (CAGR) of 3...
GlobalData’s Australia Telecom Operators Country Intelligence Report forecasts that pay-TV revenues in Australia will fall sharply in 2020 at a rate of 5.5% year-on-year due to the impact of the COVID-19 pandemic on pay-TV ARPUs as the operators offer discounts on pay-TV packages. Pay-TV ARPU in Australia is expected to fall from US$49.86 in 2019 to US$47.14 in 2020.
Deepa Dhingra, Telecom Analyst at GlobalData, says: “The Internet Protocol television (IPTV) will remain the leading platform to deliver pay-TV services in Australia through 2024. IPTV subscriptions are set to grow at a CAGR of 5.4% over the 2019-2024, on the back of improving fixed broadband infrastructure in the country that supports delivery of high-quality IPTV services. Furthermore, growing adoption of multi-play packages with integrated IPTV services will also support the IPTV growth over the coming years.
“Though Foxtel currently leads the pay-TV market in Australia, decline in its cable and DTH subscription base will weaken its market position over the forecast period. Telstra is expected to surpass Foxtel in 2022 to become the market leader given its strong focus on providing cost effective multi-play packages with integrated IPTV services to compete in the market.”
CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to en@ctimes.com.tw
625 viewed