05.27.2008 08:00 AM
Originally featured on BroadcastEngineering.com
IPTV subscribers to total 93 million in 2012, says MRG
The number of IPTV subscribers worldwide will grow from 24.4 million today to 92.8 million in 2012, according to the latest forecast from Multimedia Research Group (MRG).
According to the research group’s latest bi-annual IPTV report, total service revenue will hit $37.1 billion by 2012, while CapEx will grow to $5.5 billion. While Europe’s subscriber size in 2012 will remain dominant, Asia’s subscriber base will nearly equal Europe’s in 2012, followed by North America, according to the report.
For more information, visit www.mrgco.com.