Thailand’s pay-TV services market is set to recover and post an 8 per cent growth in revenue in 2021 but will slow down again thereafter to post a moderate compound annual growth rate (CAGR) of 1.1 per cent over the forecast period 2020-2025, according to GlobalData.

GlobalData’s Thailand Telecom Operators Country Intelligence Report reveals that the country’s pay-TV market registered an 8.7 per cent decline in its revenue in 2020, as most users curtailed their spending amidst the deep economic recession in the country caused by the Covid-19 crisis.

Huge decline in relatively higher average revenue per user (ARPU) in Cable TV segment and slowing growth in DTH subscriptions will drive down the overall pay-TV service revenues. IPTV subscriptions meanwhile will increase at a healthy CAGR of 24.8 per cent over the forecast period and help sustain the growth in the overall pay-TV market.

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Categories: Articles, Markets, Pay TV, Research

Tags: globaldata, thailand