Live TV streaming services are growing rapidly. Led by Sling TV, which now has more than 2 million subscribers, and followed closely by DIRECTV NOW, which has just over 1 million, and the rate of growth is picking up speed.
Now we get a look into the growth we are seeing with live TV streaming services thanks to the investment group UBS. According to a recent report from UBS, live TV streaming services should top 5 million subscribers by the end of December 2017.
The good news does not stop there because according to UBS by the end of 2020 there will be 15 million live TV streaming subscribers. If this comes true it would mark a massive jump in the number of subscribers going to live TV streaming services; however, it still means most cord cutters still do not subscribe to a live TV streaming service.
As best we can tell there are between 20 and 25 million cord cutters/cord nevers right now. Over the next few years, that number is likely to rapidly grow along with the growth of live TV streaming services.
With growth like this it is understandable why so many companies are trying to jump into live TV streaming services. Even if you can get just a fraction of this market it will be a massive payday over the next few years.
Are you a cord cutter who does not subscribe to a live TV streaming service? Leave us a comment and let us know why you don’t need a live TV option.
Source Business Insider
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