Global IPTV subscriptions are expected to pass the 100 million mark in 2013 and grow to 181.1 million in 2017, according to Pyramid Research.
“IPTV subscriptions grew at an impressive CAGR of 40% between 2008 and 2012,” says Pyramid Research Associate Analyst, Guillermo Hurtado.
The three largest country-markets (China, France and the US) each had over 10 million IPTV subscriptions at year-end 2012 and together accounted for roughly 53% of the global IPTV subscription base. The Asia-Pacific region remains the largest IPTV market, accounting for 45.3% (38.2 million) of global IPTV subscriptions as of year-end 2012.
“Between 2012 and 2017, Pyramid Research forecasts that global IPTV revenue will increase at a 16 percent CAGR, reaching $44 billion at the end of the period,” he added.