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Cloud-based TV market expected to grow six-fold by 2017

Cloud-based TV revenues will grow to over US$750 million (€580 million) by 2017, up from US$120 million in 2013, according to a new report from research group MRG.

According to MRG, growth in cloud-based TV will be driven by the development of multiscreen and TV Everywhere services as well as cable networks’ migration from QAM to IP video networks.