Consumer spending on Pay TV declined to $90.7 billion last year and is projected to drop by $74,5 billion in 2024. Recent projections also reveal that the overall rate of subscriber decline for U.S. pay-TV operators will hit 4.5% in 2021 and 6% by next year.
The annual increase in global SVOD subscriptions in Q3 2020 reached 217.6 million, the highest ever, beating the previous record of 211.7 million in Q4 2018, according to the latest analysis from Strategy Analytics.
The global population of TV and video streaming devices has now exceeded 1.1 billion. Samsung is the leading brand, with 14% of devices in use, followed by Sony (12%), LG (8%), Hisense (5%), TCL (5%) and Amazon (5%), according to Strategy Analytics.
La población mundial de dispositivos de streaming de video y televisión ha superado los 1.1 billones. Samsung es la marca líder, con un 14% de dispositivos en uso, seguida de Sony (12%), LG (8%), Hisense (5%), TCL (5%) y Amazon (5%), según Strategy Analytics.
The surge in users of SVOD services during the stay-at-home period was not always sustained once people were allowed to move around more freely, according to new research from Strategy Analytics.