IPTV Services Growth in the ME Region
IPTV services are pipped to achieve revenues of US$17 billion in 2010, according to Dominic McGill, the organiser of the upcoming Middle East Television (METV) exhibition and conference. The event is scheduled for November 17-19 2009 in Abu Dhabi.
Global IPTV subscribers are set to rise to 33.3 million subscribers at the end of 2009, up 56% from 21.3 million in 2008
• Global IPTV subscriptions expected to top 65 million by 2012
• Global mobile entertainment market is expected to touch $50 billion by 2010, with 840 million subscribers using mobile phones as media players
He said the Middle East is also showing signs of swift adoption of IPTV, with 45 per cent year–on-year growth reported in 2008, bringing a number of new opportunities and challenges for the region’s TV content providers
“The Middle East has witnessed about 40 per cent annual growth in IPTV demand for the past few years. The demand is being driven by the increasing availability of cutting-edge convergence technology across voice, data and multimedia solutions.
Recent reports suggest that worldwide, IPTV subscriptions are expected to top 65 million by 2012, a leap from the 13 million household today