IPTV equipment sales enjoy healthy growth in Q3 ’07, Infonetics Research says
After a 32-percent jump in sales in the second quarter, worldwide IPTV equipment sales hit $682.5 million in the third quarter of 2007, up 23 percent, according to Infonetics Research’s “IPTV Equipment, Services, Subscribers and Capex,” a quarterly report.
Manufacturers of IP STBs saw revenue jump 35 percent worldwide in the third quarter from the level in the second quarter.
According to Jeff Heynen, directing Infonetics Research analyst for IPTV, the number of IPTV subscribers is expected to continue growing steadily, reaching 65 million worldwide in 2010.
Other highlights from the report, include:
- Worldwide service provider revenue from IPTV services is expected to grow more than 10-fold in the five years between 2006 and 2010;
- Worldwide IPTV middleware revenue was up 1 percent in Q3 ‘07 from Q2 ’07.
- Motorola led in the worldwide pure IP STB and hybrid IP/QAM STB markets in Q3 ‘07; Dasan Networks led the hybrid IP/over-the-air STB market;
- 51 percent of worldwide IPTV equipment revenue in Q5 ‘07 comes from Asia Pacific, 33 percent from EMEA, 16 percent from North America and 1 percent from CALA.
For more information, visit: www.infonetics.com.