The value of the global IPTV market is set to reach US$79.38 billion (€73 billion) by 2020, up from just US$24.94 billion in 2013, according to Transparency Market Research.
The research firm’s new report, titled ‘IPTV Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020’ predicts that the IPTV market will grow at a compound annual growth rate (CAGR) of 18.1% from 2014 to 2020.
The study says that Europe dominated the worldwide IPTV market in 2013, with Western Europe generating a 38% share of revenue in that year. However, it claims that over the course of the forecast period, Asia Pacific is tipped to be “the fastest growing regional market for IPTV services.”
Asia Pacific excluding Japan is expected to register a 21.1% CAGR from 2014 to 2020, with Indonesia, India, South Korea, and China all tipped to be key contributors during this period.
ICYMI: Former Premier League boss Scudamore joins Monterosa digitaltveurope.com/2021/05/10/for… https://t.co/qXJUqdD8iC
10 May 2021 @ 19:30:00 UTC
ICYMI: IPL will not conclude in India, BCCI president confirms digitaltveurope.com/2021/05/10/ipl… https://t.co/f7OGUO1d1q
10 May 2021 @ 18:30:00 UTC
HbbTV launches new test suite digitaltveurope.com/2021/05/10/hbb… https://t.co/9GMAu66hFf
10 May 2021 @ 18:00:01 UTC
Sky Media and The Trade Desk announce programmatic partnership digitaltveurope.com/2021/05/10/sky… https://t.co/oJblCgmlDf
10 May 2021 @ 17:00:02 UTC