Revenues generated by IPTV services will rise sharply over the next five years, according to new research from Informa Telecoms & Media.
In Western Europe, the total will increase from US$2.1 billion last year to US$3.4 billion (€2.6 billion) at end-2016. France and Germany will continue to be the leaders in terms of revenues generated, accounting for US$787 million and US$653 of the 2016 total respectively. The UK will be the third largest revenue generator, bringing in a cumulative US$306 million at that point.
In Eastern Europe the cumulative total will increase from US$309 million last year to US$861 million by end-2016. By territory, Russia will generate the most revenues, accounting for US$351 million of the 2016 total. The Czech Republic will be the next biggest earner, bringing in US$77 million.
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