FAST channel revenues will more than double between 2023-2029 according to new figures from analysts Digital TV Research.
Global FAST revenues will increase by $9.4 billion between 2023 and 2029, rising to $17 billion across 138 countries, said the analysts.
By 2029, the US will be the only country generating more than $1 billion in FAST revenues. The UK and Canada will be close to $1 billion, with the three countries taking nearly half of the world’s total.
Simon Murray, principal analyst at Digital TV Research, said: “Pluto TV, Roku Channel and Samsung TV Plus will account for nearly half the global FAST revenues by 2029. The rest of the FAST market will remain fragmented, with far less globalisation than in the SVoD sector.”