Vietnam pay-TV market set to take off

Louise Duffy ©RapidTVNews | 23-12-2011

Vietnam, one of the smallest markets in the Asia-Pacific region, is expected to be the fourth fastest-growing market in Asia-Pacific through 2016, with the pay-TV segment one of the main growth areas.
According to analyst firm Pyramid Research, data services will drive growth, with mobile data expected to advance at a 9.7% CAGR and fixed broadband revenue expected to grow at a 14.5% CAGR from 2011 to 2016, primarily due to increasing internet usage, growing 3G adoption and continued investment in faster fixed-line technologies and extended coverage.
The pay-TV segment will also witness intense growth, with service revenue advancing at a robust 16.4% CAGR through 2016, according to a new Country Intelligence Report: Vietnam: Data Services and Pay-TV Pose Most Growth Potential in a Majority Mobile Market.