Italy: TV market to contract by 1.1% in 2022
November 22, 2022
From Branislav Pekic in Rome
The TV market in Italy is set to contract by 1.1 per cent in 2022, according to the latest report from Rome-based ITMedia Consulting.
For its part, the pay-TV segment, which is in a process of reorganisation between traditional pay-TV and VoD, will grow by 4.4 per cent. OTT TV will continue on the path of strong growth, going from 11.6 million households in 2022 to 13.8 million in 2024.
In terms of resources, the market will grow at an average annual rate of 2.3 per cent over the next two years.
Sky Italia, Mediaset and Rai will account for 69 per cent of the total TV market in 2024, although they will lose share to other players, who will account for over 30 per cent of the total, fuelled by the growth of VoD.
In its report, ITMedia Consulting highlights that viewers are progressively migrating from traditional linear TV to broadband video streaming services. As a result, the market share of new entrants has tripled in just four years, increasing competition in the TV market.
Other posts by :
- Bank: AST SpaceMobile has 2 year head start on Starlink
- SpaceX wraps IPO; 8,000 launches by 2030
- Markets braced for SpaceX IPO
- Former SpaceX exec to build ‘space taxis’
- Eutelsat shares crash despite good news
- Analyst: Years of subs growth ahead for Starlink
- SES CEO: “Multi-orbit is now key”
- More details emerge on SpaceX IPO
- Viasat confident despite SpaceX threats