IPTV Will Take Off, Says Study

IPTV WILL TAKE OFF, SAYS STUDY
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
As cable companies continue to take a bite out of telcos' voice business, those companies will be returning the favor by ramping up their IPTV business in a big way. That's according to a new report from Tech support company iSupply Research, which says that the IPTV market will go from $779.2 million in 2006 to a projected $26.3 billion by 2011, with revenues of more than a billion. That's a giant leap for IPTV, but still only a small step toward cable's dominant position in the mulitchannel video market. For example, the report points out, Comcast in 2005 had $26 billion in pro forma cable revenue. Isupply says it is unlikely that the entire IPTV market will be as big in 2011 as Comcast alone.
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