Market analysis firm Gartner says the number of IPTV subscribers—folks who subscribe to video services delivered over the Internet—is on pace to reach a total of 19.6 million subscribers worldwide by the end of 2008, which would represent a 64.1 percent increase over 12 million IPTV users in 2007. Gartner also projects that the IPTV market will represent $4.5 billion in business during 2008 (a 93.5 percent increase over 2007) and will climb all the way up to $19 billion by 2012.
The new figures mean, statistically speaking, just over one percent of all households worldwide will subscribe to IPTV services. If Gartner’s projections hold, that figure will reach 2.8 percent in 2012.
