MRG: IPTV subs to hit 92.8 million in 2012

Market research firm MRG is forecasting the number of IPTV subscribers globally will zoom to 92.8 million by 2012, from just more than 24 million this year. In the latest edition of its bi-annual study, MRG also says service revenue will hit $37.1 billion by 2012, and that capital spending will reach $5.5 billion that same year. In addition, consolidation in IPTV equipment and technology sectors is likely to continue. MRG also says that IPTV service success thus far does not seem to have been slowed amid overall economic uncertainty.

Meanwhile, ABI Research also has put out a new study suggesting service providers should begin shifting their IPTV strategies from focusing on service availability and initial customer sign-up to competitive differentiation.

For more:
- see this press release from MRG
- read this press release from ABI Research