A new report from IMS Research forecasts that IPTV set-top boxes will grow at a compound annual growth rate of 37.1% through the end of 2012.
These shipments will represent revenues of $3 billion, said IMS Research. IP and digital terrestrial hybrid set-top boxes are expected to comprise 30% of shipments in 2012 with HD DVR boxes nearing 35%.
Shane Walker, research analyst and author of the study, said: “HD IP set-top box shipments are forecast to grow as uptake of HD IPTV services in the US, Korea, Japan, and Western Europe begins to accelerate in the near to intermediate term.
“DVR functionality is already gaining traction, especially in the areas previously mentioned, with DVR-enabled boxes expected to grow to nearly ten million units at the end of the forecast. In addition to HD and DVR functionality, we expect hybrid boxes (including satellite + IP and cable + IP) to be installed in the majority of households receiving a TV service via IP from an operator.”
Ofcom’s most recent digital television update, for the fourth quarter of 2007, found that there were 524,500 net UK household conversions to digital television, following 361,700 additions in the previous quarter (see 524,000 UK Households Went Digital In Q4 2007).
Meanwhile, a recent forecast from ABI Research said that worldwide subscribers to IPTV services will grow to more than 90 million by the end of 2013, up from 13.5 million in 2007 (see Worldwide IPTV Subscribers To Reach 90m).
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