After a 32 per cent jump in sales in the second quarter, worldwide IPTV equipment sales hit $682.5 million (E473.7m) in the third quarter of 2007, up 23 per cent sequentially, according to Infonetics Research's quarterly IPTV report. Likewise, manufacturers of IP set-top boxes (STBs) saw revenue jump 35 per cent worldwide in Q3 from Q2
“IPTV, in its pure and hybrid forms, continues to grow steadily and is poised for bigger growth as operators clear regulatory hurdles, as MPEG-4 HD set-top boxes become more widely available, and as operators lock up exclusive broadcasting arrangements with professional sports leagues, movie studios, and international programmers. We expect the number of IPTV subscribers to continue growing steadily, reaching 65 million worldwide in 2010, ” said Jeff Heynen, directing analyst for IPTV at Infonetics Research.
Growth in worldwide service provider revenue from IPTV services is expected to grow more than 10-fold in the 5 years between 2006 and 2010.