IPTV Growth Outpacing Cable, Satellite Video

The new IPTV forecast from MRG indicates that the number of global IPTV subscribers will grow from 53 million in 2011 to 105.1 million in 2015, a CAGR of 18.7%. The service revenue for the global IPTV market was $21.8 billion in 2011 and is projected to grow to $45.3 billion in 2015, a CAGR of 20%. By 2015, Europe and North America will continue to generate a larger share of the global revenue."In recent quarters, IPTV operators have seen their subscriber growth outpace that of their cable and satellite TV rivals," said Jose Alvear, IPTV analyst for MRG. "IPTV operators are expanding their TV offerings by aggressively adding HD, multiscreen and multiview services, and hybrid services like OTT video linked with digital terrestrial or satellite video services."