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HomeNewsImpressive growth of global Internet Protocol TV subscriptions reported

Impressive growth of global Internet Protocol TV subscriptions reported

Global IPTV (internet protocol television) subscriptions are expected to pass the 100 million mark in 2013 and grow to 181.1 million in 2017, according to the newest report from Pyramid Research.

In the ‘Research in Focus: IPTV’ series, Pyramid offers analysis on global and regional subscription trends, as well as ARPs (Address Resolution Protocols), pricing and revenue trends through 2015.

This series of reports also provides five-year historical data and projections on IPTV for up to 60 markets around the world, with an excel document that contains the full data referenced in the report.

“IPTV subscriptions grew at an impressive compound annual growth rate or CAGR of 40 percent between 2008 and 2012,” said Pyramid Research associate analyst, Guillermo Hurtado.

The three largest country-markets — China, France and the US — each had over 10 million IPTV subscriptions at year-end 2012 and together accounted for roughly 53 percent of the global IPTV subscription base.

The Asia-Pacific region remains the largest IPTV market, accounting for 45.3 percent (38.2 million) of global IPTV subscriptions as of year-end 2012.

“Between 2012 and 2017, Pyramid Research forecasts that global IPTV revenue will increase at a 16 percent CAGR, reaching US$44 billion at the end of the period,” Hurtado added.

IPTV household penetration levels vary greatly across regions. Western Europe and North America have the highest penetration rates, at 14.4 percent and 8.8 percent, respectively.

Meanwhile, the lowest penetration rates are seen in Latin America (0.6 percent) and Africa and the Middle East (0.3 percent).

Pyramid Research said it expected household penetration levels to increase across all regions, adding that IPTV’s share of global pay-TV subscriptions would increase from 9.3 percent in 2012 to 15.8 percent in 2017.

“Between 2012 and 2017, we forecast that global IPTV revenue will increase at a 16 percent CAGR, reaching US$44bn at the end of the period,” the report said.

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