Global IPTV Market to Gain Immensely from Widespread Broadband Services in Asia Pacific, to Touch US $79.3 Bn by 2020
The escalating demand for video on demand, high-definition channels, and the increasingly affordable costs of internet protocol television (IPTV) will fuel the global IPTV market substantially until 2020, says Transparency Market Research. A new report published by the market intelligence firm states that the global IPTV market is expected to exhibit a high double-digit CAGR of 18.10% from 2014 through 2020. The market, which approximated US$24.9 bn in 2013, will rise in valuation to touch US$79.3 bn by 2020. The...
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