Search the Internet          Tips  Sites: Finance, Investment

Cable TV subscriptions to increase by 12.4% CAGR by 2005

NetScribes/TM Arun Kumar

India is expected to witness a surge in the number of cable TV connections over the next five years with the number of subscribers set to increase by about 79 per cent to 53.88 million by 2005 from an estimated 30.08 million in 2000, according to a study by Pyramid Research.

The number of cable TV subscriptions in the country, the study predicts, will increase by a compounded annual growth rate of 12.4 per cent between 2000 and 2005.

However, the CAGR projected for India is lower than what is projected for Asia with the Asian market expected to grow by a CAGR of 16.3 per cent during the period 2000-05 to touch a subscriber base of 310.33 million by 2005 from 145.64 million in 2000.

According to the study, India will continue to have the second largest cable TV subscriber base in the region accounting for about 17.36 per cent of the total subscribers in Asia.

However, it will continue to lag behind China in terms number of cable TV subscribers.

While the number of cable TV subscribers in China will grow by a CAGR of 17.3 per cent between 2000 and 2005 in spite of a much higher base to touch 230.52 million subscribers by 2005, the country will account for almost 75 per cent of the total cable TV subscribers in the region by 2005, the study predicts.

According to the study, the gap between India and China will widen further over the next five years.

While China had more than three times the number of cable TV subscribers than India in 2000, the gulf would widen and it will have more than four times the number of India subscribers by 2005.

Money

Business News

Tell us what you think of this report