The November 2009 edition of the IPTV Global Forecast was released by MRG. Their latest market study uses the most recent information from over 800 IPTV deployments around the world, and includes a forecast for IPTV subscribers, service revenue, and system revenue from 2009 to 2013.
Additionally, this worldwide market assessment forecasts over 28 discrete market sectors in 4 geographic regions.
Because the 2009 subscriber total exceeded the last forecast by 2 million, the new forecast indicates that global IPTV subscribers will grow from 28 million in 2009 to 83 million in 2013 -- a compound annual growth rate of 31 percent.
Who is setting the pace for market development? There's no change. According to MRG's assessment, the European region will continue to lead in IPTV deployments in 2013 with 48 percent share, followed by Asia-Pacific, North America and Rest of World.
"Now that the economy seems to be improving, and Service Providers are still reporting solid growth, this Fall edition has adjusted the forecast accordingly," stated Jose Alvear, MRG IPTV Analyst.
This was done in response to the better than expected growth exhibited by the major IPTV Service Providers around the world in 2009.
Total service revenue for 2013 is projected at $38 billion, also up sharply from the last forecast. MRG's new report includes additional information on strategies and new services being added to IPTV offerings.
"Consumers are beginning to understand the advantages of IPTV," says Gary Schultz, MRG President. "Simultaneously, IPTV Operators are facing more competition, driving rapid investment in both infrastructure and new services."
The four regions analyzed in the market study include a breakdown of capital spending, service revenue, DSL and IPTV subscribers.
Seven discrete IPTV system sectors are analyzed, including Access Systems, Video Headends, Video-on-Demand, Set-top Boxes, Middleware, Content Protection or Digital Rights Management, and System Integration or Professional Services.
