According to a new report from Informa Telecoms & Media, the number of homes receiving IPTV services worldwide will reach 70mn by the end of 2014, more than double the end-2009 total of 26mn. The report added that revenues are also expected to climb sharply from US$ 4.6bn in 2009 to US$ 12.2bn in 2014. Nevertheless, only 5% of the world’s TV households are expected to subscribe to IPTV platforms by 2014, with only 13 countries expected to have over 1mn IPTV subscribers. There were an estimated 8mn IPTV subscribers added around the world in 2009, according to the report, with Asia-Pacific and Western Europe estimated to be responsible for 2.6mn and 2.4mn respectively of these additions, while North America is believed to have accounted for 1.1mn. However, this global figure presently represents just 2% of all TV households. Much of the anticipated future growth is expected to take place in Asia-Pacific, with 28mn of the 70mn worldwide subscribers forecast by the end of 2014. China is expected to become the leading country, with 13.7mn subscribers, while Japan will be fourth with 5.4mn, and South Korea will rank sixth with 2.9mn. Meanwhile, Hong Kong is expected to remain the top country for IPTV penetration of TV households through 2014. By the end of 2014, 41% of Hong Kong’s TV households are expected to receive IPTV signals, although the growth is described as slowing.
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