Pay TV Market size was valued at USD 205.3 Billion in 2023 and is projected to reach USD 263.4 Billion by the end of 2036, registering around 6.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of pay TV is estimated at USD 209.6 Billion.
This Pay TV market expansion is poised to be influenced by the growing availability of high-speed internet. This has been made possible with several government programs. For instance, in the case of America in 2022 National Telecommunications and Information Administration launched BEAD program which was further allocated USD 42.45 billion of funds to expand the presence of high-speed internet around the nation.
Author Credits: Abhishek Verma
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