| Code: MTA10209 | Publication Date: Oct 2025 |
This rise is fueled by growing market demand for subscription-based content, increased on-demand services, and increasing technological advancements in both streaming and satellite systems. In 2024, the Pay TV sector accounted for just over 25% of the sum of the total entertainment media market.
The Pay TV market continues to see trends related to the development of over-the-top (OTT) services. Users demand more individualised and on-demand content. Streaming services continue to develop original shows and sports content that draw consumer attention. The smart TV consumer of viewing real estate that has streaming apps built into it also reduces reliance on traditional set-top boxes and monthly rentals. The trend of AI in the Pay TV market is growing in leveraging data about subscribers' viewing behaviour for designed and outcome-specific recommendations, as well as to elevate the user experience.
The Pay TV market is evolving with the introduction of next-gen technologies like 5G and high-efficiency video coding (HEVC), enabling higher-quality content streaming at lower data rates. Companies are increasingly offering hybrid models that combine traditional Pay TV and OTT services, allowing greater flexibility. Additionally, the market is seeing significant growth in the use of interactive and immersive content, such as virtual reality (VR) and augmented reality (AR) in TV programming and advertisements.
Some of the leading companies include: