Worldwide sales of IPTV set-top boxes will reach 7.9 million units in 2007, a growth rate of 111 percent, according to research firm Strategy Analytics.
The report, “IPTV Set-Tops: SD, HD and DVR — Global Market Forecast,” predicts that more than 3 million HD-enabled IPTV set-top boxes will be sold in Europe this year as operators make the switch to H.264 technology. The share of DVRs is also growing rapidly, rising to 29 percent of the global market this year from 15 percent in 2006, as IPTV newcomers seek to compete with satellite and cable incumbents.
Strategy Analytics predicts that annual worldwide sales of IPTV set-top boxes will reach 33.5 million by 2012, by which time the global installed base will be 112 million units. The Asia-Pacific region will be the dominant market, accounting for 45 percent of the installed base, followed by Europe with 33 percent and the United States with 13 percent.
For more information, visit www.strategyanalytics.com.