The European market for IPTV services will more than double this year, with much of this growth coming from the UK, according to research from media analysts Screen Digest.
The report looks at IPTV services across Europe, and predicts that subscriptions to these services will rise from 2.9m in 2006 to 5.6m in 2007.
Other facts and figures include:
- Revenues from IPTV are forecast to rise from €470m (£317.6m) in 2006 to over €1bn(£675m) by the end of 2007.
- Europe’s top five IPTV operators – Orange, Telefónica, Free Telecom, Neuf Telecom and Fastweb – accounted for 60% of the market in the UK, France, Italy, Germany, and Spain.
- The UK is predicted to have the highest growth rate in 2007, with subscriber numbers growing from 80,000 to 300,000 by the end of the year.
One of the reasons given for the growth rates are that these IPTV services are being offered by established brands, such as BT Vision in the UK and Tiscali in Italy.