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Global Internet Protocol Television (IPTV) Market to reach USD 79.38 billion by 2020

Global Internet Protocol Television (IPTV) Market was valued at USD 24.94 billion in 2013 and is expected to reach USD 79.38 billion by 2020, growing at a CAGR of 18.1% from 2014 to 2020

The Global IPTV Market is fueled by declining cost of IPTV services, a rise in global Facebook subscribers, demand for video-on-demand and HD channels, the introduction of interactive services across several end-user segments, and supportive government initiatives to increase broadband penetration. In contrast, lack of proper infrastructure in developing countries, competition from cable and satellite TV operators, and need for large investments threaten to hamper the growth of the IPTV market.By type, the IPTV market is bifurcated into enterprises and residential.

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