Sales of new Apple TV 4K will remain low as it fails to compete with rivals’ similar and cheaper devices, according to Ardit Ballhysa, Technology Analyst at GlobalData.
The subscription video on demand service revenue in Japan is expected to increase at a compound annual growth rate (CAGR) of 10.1% from $4.5 billion in 2022 to $7.3 billion in 2027, according to GlobalData.
The SVOD service revenue in India is expected to grow at a compound annual growth rate of 15.5% from US$1.3 billion in 2021 to US$2.7 billion in 2026, according to GlobalData.
Pay TV services revenue in South Korea is expected to grow marginally at a compound annual growth rate (CAGR) of 1.14%, from US$6.5 billion in 2021 to US$6.9 billion in 2026, mainly supported by the IPTV segment, GlobalData forecasted.
According to GlobalData’s Company Filing Analytics database, negativity around delays in content releases also impacted the streaming service’s margins and revenue growth.