Korea’s IPTV market ‘to expand 10-fold’
February 9, 2009
Profits in Korea’s market for IPTV are expected to expand nearly 10 times by 2012 following the suspension of all analogue broadcasting services in Korea later that year. Ovum have said in a report that IPTV profits in Korea will increase to over $310 million in 2012 with almost 3.5 million subscribers.
Ovum includes Korea as one of the highest potential in developing IPTV technologies, along with Canada and Singapore. Ovum says that although Korea was late in establishing related laws and providing real-time services for IPTV subscribers, the country will be able to overcome the gap with its widespread high-speed Internet access and well-founded infrastructure.