Forecast pegs IPTV subs at 131.6 M by 2015

Growth in emerging markets is expected to help push the compound annual growth rate for IPTV subscriptions to 23 percent through 2015, resulting in a subscriber base of some 131.6 million, Pyramid Research said.

Latin America is forecast to have the most rapid growth-56.3 percent CAGR-between 2010 and 2015, and the increasingly hot Asia-Pacific region could see growth close to 33 percent. The size of the region is likely to make it the largest subscriber base in the world, Pyramid said, with 51 million net adds to account for 51 percent of the world's IPTV subscribers. It currently stands at 35 percent.

And, no surprise here, China is forecast this year to overtake France as having the largest single IPTV subscriber base. In 2010, China Telecom became the world's largest IPTV provider, unseating French IPTV provider Free.

North America and Europe will still account for the bulk of IPTV revenue, however, as higher ARPUs mean the two regions will share 67 percent of the revenue pot. Asia's revenue share is forecast at 28 percent.

Pyramid said it expected worldwide revenues to reach $36.3 billion by 2015.

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