There will be 28 million SVOD subscriptions across 13 Arabic countries by 2029, up from 15 million in 2023, Digital TV Research revealed in its latest “Middle East and North Africa OTT TV and Video Forecasts” report.
PwC’s latest report offers an in-depth, five-year forecast of evolving forces that will likely shape an industry on track to be a US$2.9 trillion market by 2027.
The pay TV service revenue in Indonesia is set to increase at a compounded annual growth rate (CAGR) of 4% from US$1.2 billion in 2022 to US$1.5 billion in 2027, forecasts data and analytics company GlobalData.
South Korea’s multiplay service revenue is projected to experience a gradual yet consistent growth throughout the forecast period of 2022 to 2027, according to GlobalData.
The UK is forecast to maintain its position as the leading entertainment and media market in Europe over the next four years, according to PwC’s latest “Global Entertainment & Media (E&M) Outlook 2023-2027” report.