Pay TV services revenue in India is expected to grow a negligible compound annual growth rate (CAGR) of 0.9%, from US$3 billion in 2020 to US$3.1 billion in 2025, according to GlobalData.
Consumer spending on video in Asia Pacific grew 9% during last year to reach US$58.3 billion in aggregate, and is projected to rise 6% CAGR to US$79.3 billion, according to new analysis and research released by Media Partners Asia.
Ownership of a smart TV set in the United States is at 70% of TV households this year, a notable milestone in their adoption. Overall, 52% of all TV sets are now reported to be smart, up from 45% in 2020, according to Hub Entertainment Research.
MIPTV, which was the first major market to adapt to the virtual modality in 2020, now will celebrate its second online edition, this year renamed Digital MIPTV, from April 12 to 16.
During last year, gaming saw a year-over-year growth of over 22%, with ISPs and CDNs reporting heavy traffic from game downloads. In total, the online video and gaming markets reached US$330 billion in 2020, according to ABI Research.