Competition between IPTV and cable/satellite TV is heating up in Asia, with IPTV poised to gain significant market share over the next several years, reports In-Stat. With the help of IPTV, incumbent telcos have the opportunity to fundamentally change their broadband customers' video service experience, from traditional video clip streaming to downloading and just plain watching TV.
Recent research by In-Stat found the following:
- There were 2.7 million IPTV subscribers in Asia in 2006, and this number is expected to exceed 33 million by 2012.
- Total revenue from consumers of IPTV content broadcasted in Asia/Pacific will reach US$8 billon by 2012.
- Mature markets include Japan and Hong Kong, contributing to about 60% of the total Asia/Pacific subscriber population in 2006; these markets are expected to continue to lead Asia/Pacific in IPTV development.