China's accelerating broadband penetration is expected to help the Asia-Pacific region grow to nearly 45 percent of the IPTV market by 2014, according to a new report.
Although the current market penetration in most countries in the region is below 10 percent, cumulatively it comes in as the second largest IPTV market in the world-behind Europe. But, according to the report, Global IPTV Market Forecast to 2014, from RNCOS, the Asia-Pacific region is expected to dominate the market over time as it will grow in terms of subscribers, service revenue and infrastructure.
According to the report, the U.S. market is expected to be the most competitive IPTV market in the world largely due to high existing pay-TV penetration, stiff prices and service competition."
Overall, IPTV subscription levels around the globe are expected to reach 109 million by 2014, with a GAGR of some 25 percent between 2011 and 2014.
"Globally, IPTV represents an opportunity for telecommunication companies looking for new revenue streams beyond data and voice services," RNCOS said. "With the necessary broadband infrastructure in place and availability of new video compression technology, there is an opportunity for broadcasting live TV signals to a television set or a PC via private broadband networks."
- see this release
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