Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

IPTV Market to cross $80 Billion by 2023 – Credence Research

According to a new market research published by Credence Research, the Global Internet Protocol Television (IPTV) Market (commercial and residential) was valued at US$ 30.64 Billion in 2015 and is expected to expand at a CAGR of 13.0% from 2016 to 2023.

ihe Increasing penetration of internet based services is the major factor bolstering the IPTV market growth. As per the International Telecommunication Union (ITU), more than 40% of global population was using internet as of 2014, up from 16% in 2005. Further increase in the number of internet users will substantially spur the IPTV market growth in coming years.

Tags

Latest Tweets

Join Us On Facebook

Subscribe to our Newsletter


We use cookies for best experience on website. By using our site you agree to

Cookies Policy