Report: IPTV Subscribers Set to Skyrocket to 63 Million in 2010

Authored by Mark Hefflinger on August 3, 2006 - 5:31pm.

El Segundo, Calif. - The worldwide subscriber base for Internet-based TV (IPTV) services is expected to grow at a compound annual growth rate of 92.1% over the next four years, from 2.4 million in 2005 to more than 63 million in 2010, according to a report from market research firm iSuppli. Overall IPTV service revenue is expected to reach $27 billion in 2010; value-added media services and IPTV operator advertising are projected to account for 14% of this revenue. "The fight to capture the expanding base of IPTV subscribers will put telecom operators on a collision course with existing pay-TV market competitors and with a new class of broadband video portals as they roll-out progressively more sophisticated offerings," said Mark Kirstein, vice president of multimedia content and services for iSuppli.

http://www.isuppli.com/news/default.asp?id=6227&m=8&y=2006