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IPTV to generate $53bn in 2018

The global pay-TV market will grow from US$ 238bn in 2012 to US$ 304bn in 2018, with IPTV to continue increasing its share of this total at the expense of other platforms such as cable and satellite, according to US firm ABI Research.

IPTV is expected to increase its market share from 11.5% in 2012 to 18% in 2018, and generate revenues of around US$ 53bn, thanks partly to the growing availability of super-fast broadband networks and bundled offers from telcos.

Cable meanwhile will see its overall share continue to fall from 47% in 2012, with modest growth in the Asia-Pacific region unable to compensate for a decline in service revenues in North America.

ABI Research ranks satellite giant DirecTV as the biggest pay-TV provider worldwide in terms of service revenue, while Verizon leads the global IPTV market on the same basis.

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