North America Pay TV and Telecom Up 1% This Year: IDC Report
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North America Pay TV and Telecom Up 1% This Year: IDC Report
"The firm found that worldwide spending will reach $1.532 trillion. In the Americas, revenues will jump from $568 billion to $574 billion between 2024 and this year. It is tied for the slowest gains of the three worldwide regions tracked by the company. Asia/Pacific also clocked in at 1%, though it was smaller with $476 billion last year and $481 billion in 2025."
"Alic said that mobile continued to dominate and offset losses in traditional voice and messaging revenues. Fixed data services are said to be likely to grow due to demand for high bandwidth connectivity. Fixed voice services will continue to decline because losses in legacy TDM services are fully compensated for by gains in IP voice."
"IDC predicts that the market will have a compound annual growth rate (CAGR) of 1.5% during the next five years. The market will be characterized by greater protectionism and economic uncertainty in some areas. Recent research found patterns in how money is spent on internet services in the U.S. Research firm doxo found in June that households spend $164 billion each year on cable and internet services, which is about 4% of the amount spent on household bills each year."
Worldwide telecommunications and Pay TV spending will reach $1.532 trillion in 2025. The Americas' revenue rises 1% from $568 billion to $574 billion, matching Asia/Pacific's 1% increase from $476 billion to $481 billion. EMEA leads at 3.2%, growing from $462 billion to $477 billion. Overall sector spending increases from $1.507 trillion to $1.532 trillion. Pay TV is projected to decline somewhat due to video-on-demand platforms but remains a key element of global bundles. Mobile dominates and offsets traditional voice and messaging losses. Fixed data demand grows for high-bandwidth connectivity while fixed voice declines as IP voice replaces legacy TDM. A five-year CAGR of 1.5% is expected amid protectionism and economic uncertainty; U.S. households spend about $164 billion yearly on cable and internet services, roughly 4% of household bills.
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