Originally featured on BroadcastEngineering.com
IPTV set for strong growth in Asia, says In-Stat
Competition between IPTV and cable/satellite TV is heating up in Asia, and IPTV is poised to gain significant market share over the next several years, according to market research firm In-Stat.
Recent In-Stat research found:
• There were 2.7 million IPTV subscribers in Asia in 2006, and this number is expected to exceed 33 million by 2012.
• Total revenue from consumers of IPTV content broadcast in Asia/Pacific will reach $8 billion by 2012.
• Mature markets include Japan and Hong Kong, contributing to about 60 percent of the total Asia/Pacific subscriber population in 2006. These markets are expected to continue to lead Asia/Pacific in IPTV development.
For more information, visit: www.instat.com.