Television delivered by IPTV systems will almost double in subscribers on a worldwide basis in four years -- outpacing the growth of cable and satellite TV businesses.
A new forecast shows that global IPTV (Internet-Protocol Television)-delivered video will grow to 105.1 million subscribers in 2015 from 53 million at the end of 2011, per Research and Markets.
Europe and North America will contribute most of the worldwide growth in the coming years, in part because of a leveling off of growth in Asian markets. The media research says this amount is a compound annual growth rate of 18.7%.
In terms of revenue, that number will also double to $45.3 billion in 2015 from $21.8 billion in 2011, delivering a compound annual growth rate of 20%.
Some of the global media and telecommunications companies listed in the report that could be the beneficiaries include: 3PlayPlus, AT&T, Belgacom, Cablevision, Deutsche Telekom (DT), Eircom, Facebook Freeview, FTTH Council, Global Village Telecom (GVT), Guangxi Telecom, Hong Kong Broadband Network Ltd., ITV,J:Com, KT, Lattelecom, Logosoft, Magyar Telekom, Optima Telekom, Portugal Telecom, Redbox, Saigon Post and Telecommunications (SPT), TelstraClear, Twitter, UPC, Vectra, WIST, YouTube, YTL Communications and ZTE.