Pay-TV service revenue in Thailand to grow at 4.2% CAGR over 2022-2027, says Global Data.
Pay-TV service revenue in Thailand is set to grow at a compound annual growth rate (CAGR) of 4.2% from US$752 million in 2022 to $922 million in 2027, driven primarily supported by an increase in IPTV subscriptions, forecasts Global Data, a leading data and analytics company.
GlobalData’s Thailand Pay-TV Forecast (Q3 2022) reveals that while DTH revenue will increase at a tepid CAGR of 0.6% between 2022 and 2027, IPTV service revenue will increase at a robust CAGR of 27.4% over the forecast period.
Srikanth Vaidya, Telecom Analyst at GlobalData, comments: “Despite an increase in the total pay-TV revenue in Thailand, the average monthly spend per pay-TV account will fall from $8.01 to $7.04 between 2022 and 2027, owing to the competitive pricing strategies being adopted by pay-TV operators to retain their subscriber base.”
Post time: 2023-04-04
