How many people use IPTV
IPTV or Internet Protocol Television has become an affordable and convenient alternative to traditional cable or satellite services around the world. The industry’s popularity has grown significantly over the years, with more and more people turning to it as their primary source of entertainment. In this article, we’ll take a deep dive into current statistics to find out how many people around the world use IPTV.
Number
According to a study conducted by ResearchandMarkets, the global IPTV market size is expected to grow from US$68.9 billion in 2020 to US$117.1 billion in 2025. The growth in global IPTV demand can be attributed to increasing internet speeds, access to high-quality content, and the rise of online video streaming platforms.
The IPTV market is divided into four categories: North America, Europe, Asia Pacific, and Rest of the World. Europe has the largest market share, accounting for 37.7% of the global market. North America ranks second with a market share of 29.7%. It is followed by Asia Pacific with a 25.6% market share, while the rest of the world accounts for the remaining 7%.
Global IPTV users
As of 2021, the number of global IPTV users is estimated to be approximately 250 million. This number represents an important milestone considering that in 2015 the number was approximately 90 million. The Middle East and Africa are the regions with the strongest growth in IPTV users. This number is expected to increase to 450 million by 2025.
IPTV Growth Factors
Internet coverage and speed are major factors in the success of IPTV. As Internet penetration increases, the number of potential IPTV users will only increase. Additionally, the Internet’s high speed and reliability levels have increased the proportion of quality content available to users.
IPTV has also become more affordable compared to traditional cable and satellite TV services. It offers a range of customizable and affordable package deals. Prices are reasonable and customers can bundle multiple services such as high-speed internet, cordless phone connectivity and IPTV subscriptions to get discounts, making it even more affordable.
in conclusion
The above information shows that the IPTV industry is booming as consumers look for new ways to access their favorite content. The number of IPTV users is expected to increase in the coming years, especially in emerging markets such as Southeast Asia, Latin America and Africa. The convenience, affordability and variety of content make IPTV a compelling alternative to traditional cable and satellite television services. As demand continues to increase, the future of IPTV is bright.
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