Global pay-TV market to generate $280.4B in 2014

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Photo credit: Photo credit:[/caption] Although the global cable TV market grew in 2013, the North American cable TV market lost around 4 percent subscriber base in 2013. High subscription cost and other pay-TV alternatives are blamed for the declining subscriber base; however, cable TV operators experienced slower subscriber loss rate in the past two quarters. In Q1 2014, subscriber net loss of major cable operators in the United States was around 7,000 compared to over 200,000 subscriber loss in 4Q 2013. ?Innovative services such as Comcast?s cloud based X1 system which allows customers to store and watch TV Shows on different devices has helped to reduce churn,? commented Jake Saunders, VP and practice director of core forecasting at ABI Research. ?The North American pay-TV subscriber base is expected to reach 113.2 million in 2014.? The high-definition TV subscriber base continued to grow in Q1 2014. ABI Research expects 45 percent of the total pay-TV subscriber base will be high-definition subscribers at the end of 2014. TV programmers are starting to produce ultra-high definition (4K) content from World Cup matches; Globosat, a Brazilian TV provider, recently announced it would broadcast 2014 World Cup Final matches in 4K format. The World Cup is likely to contribute to higher pay-TV service revenue in 2014. ABI Research anticipates that the worldwide pay-TV subscriber base will reach 1.1 billion subscribers in 2019. ?Emerging markets such as Asia-Pacific and Latin America will have a higher growth rate than mature markets in the years to come. The global pay-TV market is expected to generate $331 billion in 2019,? said Khin Sandi Lynn, industry analyst at ABI Research. ]]>

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