In their latest report, Research and Markets predicts that Video on Demand (VoD) services will reach 350 million homes across the world by 2010.
Citing the convergence of telecoms, media and IT, the research firm says in a statement that "broadband TV (IPTV), Digital and Personal Video Recorders (DVR or PVR) and Video-on-Demand (VoD), are a few of the prominent services which promise fresh opportunities for emerging digital media companies." The report also predicts that by 2015, 90 percent of "all households in the developed market will have a home media center."
"Despite some governments mandating broadcast digital TV in its various forms, there is little evidence of a rush by consumers to buy it," the statement from the firm reads. "Instead they are more interested in new services such as provided by Internet, online services, pay-per-view and on-demand services."
Citing the convergence of telecoms, media and IT, the research firm says in a statement that "broadband TV (IPTV), Digital and Personal Video Recorders (DVR or PVR) and Video-on-Demand (VoD), are a few of the prominent services which promise fresh opportunities for emerging digital media companies." The report also predicts that by 2015, 90 percent of "all households in the developed market will have a home media center."
"Despite some governments mandating broadcast digital TV in its various forms, there is little evidence of a rush by consumers to buy it," the statement from the firm reads. "Instead they are more interested in new services such as provided by Internet, online services, pay-per-view and on-demand services."