Asia-Pacific demand keeps pay-TV on track to reach 50% of homes globally

Despite the emergence of next-generation video services, the pay-TV market is still going strong. ABI Research said in a recent report that worldwide, pay TV has penetrated almost half of all homes, and should reach 1 billion homes by 2017.

Much of that growth will take place in the Asia-Pacific region, however, which will see a CAGR (compound annual growth rate) of 5 percent and could generate as much as $79.4 billion by 2020. FierceCable has full details on the continuing forward momentum in the pay-TV arena here.

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