Some 38.4 million homes worldwide will receive TV via the Internet by 2012, according to research by Informa Telecoms and Media.
“In the shorter term we are forecasting 10.6 million IPTV households by the end of 2007, double the 2006 figure,” said Adam Thomas, Informa media research manager. “Much of the growth has come from service launches by European telcos.”
Last year IPTV worldwide generated revenues from subscriptions and VOD of less than $1.5 billion. By 2012 this figure is forecast to reach $14.7 billion.