While competition for pay-TV services is pushing subscriber fees down worldwide, both pay-TV revenue and subscribers are expected to grow significantly over the next five years.
That's the conclusion of ABI Research, which reports that global pay-TV revenue will grow from $269 billion in 2014 to $323 billion in 2019. Global subscribers, the research company says, will grow from a current tally of 920 million to around 1.1 billion over the same span.
ABI cited strength in areas like Latin America, where DirecTV (NASDAQ: DTV) added 543,000 subscribers in the second quarter alone.
The research company also said that worldwide IPTV market share grew more than 1 percent year-over-year in the second quarter of 2014.
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