Not even a global financial meltdown can stop the growth of IPTV, according to a new report.
In several key markets, like Brazil, Korea, and India, recent regulatory changes have given telco TV a real boost, the high-tech market research firm says.
Michelle Abraham, In-Stat analyst, said: “A number of new countries, including places as varied as Montenegro, Jordan, and Ghana, saw the launch of their first commercial IPTV offerings in 2008.
“Only a few markets, like Japan and Argentina, remain hamstrung by restrictions that hinder incumbent operators.”
In-Stat also forecasts that telco TV subscribers will grow to 71.6 million, worldwide, by 2012. In the same period, worldwide subscriber revenues are expected to increase to $26.6 billion.
Towards the end of last year, Multimedia Research Group predicted that IPTV subscribers would grow from 20.4 million in 2008 to 89.6 million in 2012 (see IPTV to reach 89.6m subscribers globally in 2012).
To drive this growth, IPTV Operators worldwide are expected to continue investing in improved quality-of-service, ease-of-operation, HD content, exclusive programming and time-shifting as differentiating features.
In September, meanwhile, Gartner said that worldwide subscriptions to IPTV services were on pace to reach 19.6 million subscribers in 2008, a 64.1% increase from 12 million subscribers in 2007 (see Worldwide IPTV Subscriptions Are Set To Grow 64% This Year).