Global IPTV market to reach US$79 billion in 2020

The global IPTV market is expected to reach a value of USD$79.38 billion by 2020, growing at a compound annual growth rate of 18.1% from 2014 to 2020, according to new research.

Transparency Market Research’s IPTV market forecast said that the market is due to grow steadily from a value of USD$24.94 billion in 2013, when Western Europe was the largest revenue contributor accounting for almost 38% of global revenues.

Looking ahead, the ‘IPTV Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020’ report tips Asia Pacific to be the fastest growing market for IPTV during the forecast period.http://www.digitaltveurope.net/318352/global-iptv-market-to-reach-us79-billion-in-2020/