Global Internet Protocol Television (IPTV) Market – Industry Analysis and Forecast 2018-2026 Global Internet Protocol Television (IPTV) Market was valued US$ 30 Bn in 2017 and is expected to reach US$ 97 Bn by 2026, at a CAGR of 15.8 % during forecast period.
Global Internet Protocol Television (IPTV) includes attractive pushing strategies presented by telecom companies, that provide basic pay-tv services at realistic prices are among key trends fuelling market growth significantly. Changing viewing preferences are boosting operators to offer superior content to customers. Service providers have started carrying content using the fiber-to-the-home (FTTH) technology that are offering unlimited bandwidth and ensures an improved viewer experience. Industry is projected to witness nonstop growth as key players are offering 4K UHD IPTV set-top-boxes to provide better picture quality. For example, MatrixStream Technologies, Inc. introduced wireless 4K HD IPTV set-top boxes that can cut down installation cost for users and rise their dependability on broadband.
Internet protocol television (IPTV) is enabling telecom providers to collect data belong to sectors like education, finance, and healthcare. This is increasing telecom provider’s capability to influence big data services for a better understanding of consumer needs to offer products and solutions consequently.
Internet protocol television (IPTV) provides a higher level of interface as compared to cable and satellite TV, which have accordingly increased its penetration rate. This is encouraging telecom providers to expand their internet broadband capacity.