MUMBAI: Digital TV Research forecasts 19 million more pay TV subscribers across 138 countries between 2021 and 2027, but revenues will decline by $25 billion over the same period.

Digital TV Research principal analyst Simon Murray said, “Between 2021 and 2027, 86 countries will add pay TV subs and 52 countries will lose subscribers. Most of the countries gaining pay TV subscribers are developing nations, with a low average rate per user (ARPUs). The US will be the biggest loser – down by 12 million subscribers.”

IPTV will add 79 million subscribers globally between 2021 and 2027 to take its total to 439 million. Satellite TV will lose 10 million subscribers between 2021 and 2027.

Revenues will decline in 70 of the 138 countries between 2021 and 2027. The US will fall by $19 billion. Global satellite TV revenues will drop by $14 billion, with digital cable down by $10 billion. Analogue cable will lose $1 billion. IPTV will grow slightly.