The new IPTV Global Forecast (December 2010) reveals that the number of global IPTV subscribers will grow from 44 million at the end of 2010 to 111.5 million in 2014, a compound annual growth rate of 26%. The forecast shows that Europe will be the regional leader, with 42% of the worldwide IPTV subscribers total in 2014, maintaining its lead mostly because of the sheer number of large Tier-1 Service Providers, and because of continued strong IPTV growth in some countries.

"Faster growth is mostly driven by proliferation of Triple-Play, improved DSL/Fiber Broadband capacity, accelerated install time, continued improvement in QoS/QoE, and additional premium HD content," said Jose Alvear, MRG IPTV Analyst. "The Telco TV upgrades, all based on the globally standardized IP protocol technology, are continually improving while costs are dropping or remaining stable, allowing further investments by the Operators at an advanced rate."

Overall, the service revenue forecast for the global IPTV market is US$17.8 billion in 2010 and is forecasted to grow to US$47.9 billion in 2014, a compound annual growth rate of 28%, a 1% CAGR increase since the last report. By 2014, Europe and North America will generate a larger share of the global revenue, due to very low ARPUs in Asia.

The global forecast for all six IPTV system segments (plus System Integration) required to support IPTV services grows from US$3.4 billion in 2010 to US$5.7 billion in 2014, yielding a compound annual growth rate of 13.5%, which is a 0.7% CAGR increase since the last report. The market for IPTV services and equipment will have ample opportunities as new IPTV services are rolled out, and as Service Providers grow and need additional software and systems.