Thursday, June 14, 2007

News: Internet Protocol TV Grows

Worldwide sales of Internet Protocol Television (IPTV) set top boxes will soar to 7.9 million units in 2007, a growth of 111% since last year, according to a new study by Strategy Analytics. IPTV is television via the internet as opposed to over the air broadcasting, satellite or cable service.

The Asia-Pacific region will account for the bulk of the growth, amounting to 45% of the installed base, followed by Europe with 33% and the U.S. with 13%.

Worldwide DVR installations are expected to almost double from a penetration of 15% in 2006 to 29% by the end of 2007.

Courtesy: Strategy Analytics