Web video on 30m living room TVs
November 24, 2008
The IMS Research study 'IPTV: Beyond Telco TV' has revealed that an estimated 290 million households globally had the capability to view Internet video at the end of 2007, of which 28 million had the ability to display Internet video on a TV. By the end of 2013, this 28 million is forecast to grow to 300 million, raising 2013 revenues for related equipment to $32 billion.
Shane Walker, research analyst and author of the study, states, "We can expect more CE manufacturers to incorporate web video into their products during the first half of 2009. Recently we have seen the incorporation of online video into popular devices such as game consoles, the TiVo, Blu-ray players, and flat-panel TVs. In addition, several dedicated Internet video set-top boxes, such as Roku or Vudu have recently become available'.
While many of these devices have yet to see wide spread adoption, IMS Research expects uptake to increase as the media aggregators serving this market to grow their libraries.