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India’s Pay TV Market to Create a Demand of 140 Million Smart Cards During 2013-2018 Finds IMARC Group - As a result of the governments phase-wise digitization programme, the demand of smart cards in the Pay TV sector is expected to increase robustly in India - IMARCgroup.com
India’s Pay TV Market to Create a Demand of 140 Million Smart Cards During 2013-2018 Finds IMARC Group

 

PRZOOM - /newswire/ - New Delhi, Delhi, India, 2013/05/15 - As a result of the governments phase-wise digitization programme, the demand of smart cards in the Pay TV sector is expected to increase robustly in India - IMARCgroup.com.

   
 
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IMARC Group in its latest report entitled “Smart Card Industry in India: SIM, Identity, Banking, Transport, Healthcare, Pay TV, Loyalty & PDS” expects India’s Pay TV market to create a demand of 140 million smart cards during 2013-2018. Findings from the report suggest that with 155 million subscriber households in 2012, India is the third largest TV market after the United States and China. TV signals in India are currently distributed in analog as well as in digital and terrestrial formats. Most cable operators in the country are providing analog TV service while all DTH operators are providing a digital TV service.

The report found that the Government of India amended the Cable Television Networks (Regulation) Act in October 2011 to announce implementation of a phase-wise digitization programme of PAY TV services throughout the country. Findings from the report suggest that this would result in all cable TV households to receive digital TV signals through a Set Top Box. As part of digitization, every cable operator will be legally bound to transmit digital signals, which can be received at the subscriber's home only through a Set Top Box. Since smart cards are required in each Set Top Box, the growth in Set Top Box sales is expected to create a huge opportunity for smart cards in India.

This study, an updated and far more extensive and analytical version of our popular 2011 study, provides and draws upon a comprehensive analysis of every major smart card segment in India. Key metrics and events such as smart card requirements, current and future volume and value demand, key smart card projects, project implementation timelines, success and risk factors, costs, etc have been comprehensively analyzed in this report. This study aims to serve as an excellent guide for investors, researchers, consultants, marketing strategists, and all those who are planning to foray into the Indian smart cards market in some form or the other.

 
 
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Agency / Source: IMARC Group

 
 

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India’s Pay TV Market to Create a Demand of 140 Million Smart Cards During 2013-2018 Finds IMARC Group

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Contact: Krishna Sharma - IMARCgroup.com 
+91 12 04155099 press[.]imarcgroup.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any IMARC Group securities in any jurisdiction including any other companies listed or named in this release.

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