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The subscription video on demand service revenue in Australia is expected to increase at a compounded annual growth rate (CAGR) of 8.9%, from US$2.2 billion in 2022 to US$3.4 billion in 2027, according to GlobalData.

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.

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 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.