Asia Takes the Lead in Growth of IPTV Services
Global IPTV revenue and subscriber numbers will double within five years, with Asia being the driving force. According to Informa Telecoms & Media, the revenues from IPTV services will reach $11.9 billion by the end of 2016. That’s a $5.7 billion increase from the number recorded for 2011. Additionally, the current global subscriber count of 34.3 million will jump to 76.6 by the end of 2016, which accounts for 5% of homes around the world with television sets, with plenty of room for additional growth.
From a regional standpoint, Asia will prove to be the leader in the growth of IPTV, accounting for a little over a quarter million of the number of subscribers in 2016. The US will be a close second, drawing nearly 14 million subscribers by the end of 2016. Both Eastern and Western Europe will show an increase of over 10 million subscribers. France is currently the IPTV leader in Europe, and their numbers will continue to rise as operators cater to the consumers in the growing urban areas. By the close of 2016, Informa claims that France will have 5.1 million paying IPTV homes.
This news is of particular interest to us, because 9 of our 21 offices are located in the Asia-Pacific region. It doesn’t surprise us that Asia will be the driving force behind the increased usage of IPTV, and we anticipate those numbers to be met before the end of 2016.
Are you surprised by the IPTV-growth facts and figures?