Gartner: Internet TV to grow by 64 per cent

PC Retailer: Global internet protocol television (IPTV) services are set to reach 19.6 million subscriptions this year, an increase of 64.1 per cent over last year, according to Gartner.

Furthermore, projected revenues of $4.5 billion (3.1 billion Euro) for 2008 represent a 93.5 per cent increase in income over 2007.

Western Europe currently represents the largest proportion of IPTV subscribers with 8.2 million expected this year.

“The biggest change since 2007 is the rapid advent of new entrants making inroads in consumer video consumption and placing greater demands on IPTV operators to innovate,” said Gartner’s research director Elroy Jopling.

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