The North American IPTV and switched digital video equipment market declined sharply in 2Q08, pulling the worldwide market down 5% sequentially to $1.27 billion despite healthy increases in EMEA, Asia Pacific, and CALA, reports market research firm Infonetics Research.
The dip in the overall market is due to slowing IPTV and SDV subscriber additions by service providers in some regions hit hard by the uncertain economic climate, particularly in North America, according to Infonetics' report, IPTV and Switched Digital Video Equipment, Services, and Subscribers.