The Asia-Pacific region has now overtaken Europe and become the world’s largest IPTV market, according to a new report from industry body the Broadband Forum.
The findings were announced today (June 19th) at the CommunicAsia show currently taking place in Singapore, with Broadband Forum CEO Robin Mersh stating that the APAC region now has a 43% share of the world’s IPTV subscribers, followed by Europe at 40%, then the Americas with 16%, with the Middle East & Africa accounting for the remaining 1%.
UK research firm Point Topic, which prepared the report for the Broadband Forum, relates that China overtook France in the fourth quarter of last year to become the country with the largest number of IPTV subscribers, and went on to reach 16.5mn in the first quarter of this year.
This Chinese growth is expected to continue upwards in light of recent regulatory advances, according to the report. The total number of IPTV subscribers worldwide is estimated to have reached 65.6mn in the first quarter of 2012, growing by 3.8mn on a quarterly basis.