Global IPTV subscriptions are expected to jump from 2 million to 34 million between 2005 and 2010, a compound annual growth rate of 60%, according to Research and Markets.
North America will experience the most rapid rate of growth during this time period with a CAGR of 78%, followed by Europe, the Middle East, and Africa (EMEA) with a CAGR of 61% and Asia/Pacific with a CAGR of 41%.
The number of North American IPTV households is expected to near 14 million by 2010, with the U.S. accounting for 80% of those subscribers, according to R&M. Although rural operators have accounted for most IPTV installs thus far, the entrance of Verizon and AT&T will quickly flip that balance.
The EMEA segment is expected to top 14 million IPTV households by 2010, however, with France, the U.K., Italy, Spain, and Germany accounting for 87% of the total, and eastern Europe and Scandinavia representing a good chunk of the rest.
Asian IPTV deployments are expected to account for only 5.6 million subscriptions by 2010. R&M believes the large-scale implementations in Hong Kong, China and India will be less successful, especially in China, where the government is pushing a digital terrestrial broadcast technology.