LONDON – IPTV will account for 60% of telco TV revenues by 2016, according to a new report from Ovum.
The research firm predicts steady overall growth for multichannel TV services globally, both in terms of subscriptions and revenues, with newer IPTV and DTT distribution platforms spreading much faster than their mature cable and satellite counterparts.
Ovum estimates that there were 114 million global telco TV connections by the end of 2011, of which 54.5 million were IPTV households, and predicts that these totals will rise to 163 million and 116 million respectively by 2016.
It also projects a "substantial rise" in the adoption of Internet TV, although said that growth rates will vary substantially between geographic regions, with uptake so far driven mostly by over-the-top video-on-demand services such as Hulu, LOVEFiLM, Netflix and BBC iPlayer.
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