The combined IPTV and switched digital video market is forecast to grow in healthy double-digits annually to reach $9.8 billion worldwide, according to Infonetics Research's latest quarterly "IPTV and Switched Digital Video Equipment, Services, and Subscribers" report.
"With each quarter, the battle for video subscribers gets more heated," said Jeff Heynen, directing analyst for IPTV at Infonetics Research. "Buoyed by the success of rollouts by Orange, Free, Neuf, Fastweb, PCCW, Telefonica, and China Telecom, IPTV service providers continue to build out headends and spend on IP set-top boxes to aggressively court video subscribers. Meanwhile, North American cable MSOs, such as Comcast and Cablevision, are leading the charge in switched digital video, to free up bandwidth and offer more HD content to their subscribers."