Internet TV to touch $26 billion in 2011

Internet TV to touch $26 billion in 2011

MUMBAI: After languishing in pilot mode for more than five years, Internet Protocol Television (IPTV) or TV delivered via the Internet is finally ready for prime time, according to a report released by research firm iSuppli.

The IPTV market will grow from $779.2 million in 2006 to $26.3 billion in 2011, according to the firm.

 
New programming services such as high-definition TV, digital video recording, and video on demand, will drive some of the growth, according to Frank Dickson, the author of the report. These programming services alone will generate more than $300 million this year.

But perhaps the biggest single IPTV growth generator in terms of user numbers will be the 2008 Olympics, which will be held in Beijing next year.

Dickson also expects China to add more than 20 million new digital TV subscribers this year and more as the Olympics approaches next year.