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Western European Pay TV Market Will Get More Subscribers, Less Revenues in 2023 - Study
Source: www.telecompaper.com
Source Date: Friday, March 23, 2018
Focus: Knowledge Management in Government
Created: Mar 26, 2018

The Western European pay TV market will see growth in the number of subscribers between 2017 and 2023, even as pay TV revenues fall, according to a report from Digital TV Research. The number of subscribers will rise by 2.6 percent, or nearly 3 million, taking the total to 106 million. Growth will principally come from countries with traditionally low pay TV penetration. More than half of the region’s next additions will come from Italy, which will add 960,000 subscribers in the period, and Spain, up by 716,000. Germany will add 913,000 subscribers.
Meanwhile, pay TV revenues will decline to USD 27.27 billion in 2023 from 2.11 billion in 2017.  Revenues will fall in all but 3 of the 18 countries covered in the report. The UK will lose USD 628 million over the period, but it will still remain the most lucrative pay TV market by 2023. Germany, with the most pay TV susbcribers in Europe by far, will see revenues remain lower than in the UK, at USD 3.61 million by 2023. Meanwhile, Italy will overtake Germany in that year.
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