Report: IPTV will grow 32% annually over next 6 years
According to a new report by ABI Research, IPTV services will grow by an estimated 32 percent annually over the next six years, to nearly 79 million subscribers globally by the end of 2014.
On the flipside, the report said that satellite and cable TV providers will see their growth rates slow down as IPTV ramps up.
“Some telecom operators that are faced with thinning margins are deploying high-speed access networking technologies to challenge incumbent satellite and cable operators,” said ABI Research industry analyst Serene Fong.
The report also said that IPTV usage will be robust as prices of high-speed broadband fall and more users start adopting multimedia services.
“Usage will initially be concentrated in countries with established high-speed Internet technologies, such as France, the Netherlands, South Korea and Hong Kong,” Fong said. “But as technology progresses and matures, developing countries such as China will rapidly catch up in subscription numbers.
“While we expect to see greater momentum in the telco TV segment in the years to come, this new television alternative is unlikely to completely replace legacy pay-television services immediately.”
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