IPTV's rapid growth could fuel global multichannel TV hypercompetition, says research

MONTEREY, CA – After weathering the global recession, IPTV is emerging as a strong market alternative in the increasingly competitive global multichannel space, according to new research from SNL Kagan.IPTV, which accounted for only 0.01% of global multichannel households at the end of 2003, grew to include 4.9% of pay-TV subscribers in 2009. With subscribers growing 46.9% year-over-year between 2008 and 2009, the market research firm projects the number of IPTV subscribers will grow to 59.7 million by 2013, translating to an 8.3% subscriber share. IPTV video service revenues are expected to reach $22.6 billion by 2013, accounting for 9.8%...