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India will remain the largest market in size ex-China, with growth powered by DTH satellite platforms; Korea is the second largest contributor, driven by telco IPTV. Revenue growth in 2022 will be driven by India, Korea, and the Philippines.

Pay-TV service revenue in the country is set to decline over the forecast period in line with the continued losses in Cable-TV and DTH subscriptions because of the cord-cutting trend in the country and the growing popularity of OTT video alternatives such as Netflix and Stan.

The deal will make the Viaplay streaming service available to CANAL+ Polska’s premium DTH subscribers across the country.

This rebranding aims to create synergies between Spanish brands and provide them with greater breadth and strength by agglutinating their capabilities in the international market.

Cable TV and direct-to-home (DTH) pay-TV accounts will decline at -0.2% and -0.8% CAGRs between 2020 and 2025 while IPTV accounts are set to grow by 1.1%. Other reasons for the growth include strong cable TV segments and a strong IPTV service focus.