
Revenues for the 20 countries covered in the eighth edition of the Middle East and North Africa pay TV Forecasts report will reach USD 3.62 billion in 2023, according to Digital TV Research. This is a rise of 7.8 percent from 2017, although revenue will fall in 2018 and remain flat in 2019 before the start of a slow recovery.
In the thirteen Arabic-speaking countries, pay TV revenues will grow by 24 percent from USD 1.18 billion in 2017 to USD 1.46 billion in 2023, with pay-TV subscriptions rising by 47 percent over the same period to 5.84 million, amid falling ARPU.
The report says OSN's revenues will reach USD 498 million in 2023, down from USD 700 million in 2015. BeIN's revenues will exceed OSN’s in 2022. BeIN's revenues will double between 2016 and 2023. BeIN will overtake OSN by subscriber numbers in 2018, says the study. BeIN is forecast to have 1.87 million satellite TV subscribers by 2023, ahead of OSN’s 1.46 million.
BeIN's sister company Digiturk will retain regional market leadership despite more intense competition in Turkey. The study says Israel will experience cord-cutting. Israel will lose 27,000 pay TV subscribers between 2017 to 2023. Pay-TV revenue there is forecast to fall from more than USD 1 billion in 2015 to USD 767 million in 2023, as cheaper OTT platforms force traditional pay-TV operators to lower their fees.