Multiplay service revenue to soar to $1.3b by 2028

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Multiplay service revenue to soar to $1.3b by 2028
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pstrongIt will grow at a compound annual rate of 3.9% over five years./strong/p pMultiplay service revenue is forecasted to rise at a compound annual growth rate of 3.9%, from $1.1b in 2023 to $1.3b in 2028.

Multiplay service revenue is forecasted to rise at a compound annual growth rate of 3.9%, from $1.1b in 2023 to $1.3b in 2028.

GlobalData anticipates the average monthly household spend on multiplay services to climb from $65.57 in 2023 to $74.93 in 2028 due to the increasing adoption of higher value triple-play and quad-play options.Triple-play bundles represented 62% of multiplay households in 2023, with double-play at 27% and quad-play at 11%.

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