Not even a global financial meltdown can stop IPTV, according to recent research by In-Stat. Despite the worldwide economic crisis, subscribers to telco TV, which includes TV delivered by telecom operators via IP as well as other technologies, will grow more than three-fold by the end of 2012, according to the In-Stat report "Worldwide Telco TV Services 2008: Explosive Growth Continues." In several key markets, like Brazil, Korea, and India, recent regulatory changes have given telco TV a real boost, the high-tech market research firm says.
The report indicates the following:
. Telco TV subscribers will grow to 71.6 million, worldwide, by 2012.
. In the same period, worldwide subscriber revenues will increase to $26.6 billion.
. Quadruple-, double-, and single-play packages are joining triple-play offerings.
. Convergence applications, like the ability to control set-top boxes from PCs and mobile phones and multi-platform video distribution, are beginning to emerge.