IPTV shows steady European gains
Revenue on track to reach $5.6 bil by 2010BRUSSELS -- IPTV subscriptions in Western Europe are set to nearly triple over a three-year period, jumping from 5 million in 2007 to 14.7 million in 2010, according to forecasts.
The figures, from research group Gartner, show that subscriptions will hit 8 million this year. They also show that revenue will jump from $1.4 billion in 2007 to $2.5 billion this year, $3.9 billion in 2009 and $5.6 billion in 2010.
However, the year-to-year subscriber growth will slow, from 74.3% in 2007 to 28.6% in 2010.