IPTV, Streaming Movie & Music To Generate $70 Billion Over 6 Years

Posted: Mar 27 2008, 9:49am CDT | by , Updated: Aug 11 2010, 6:58am CDT, in News | Home Entertainment

 
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Buy This Now On Amazon

Insight Research says that IPTV, Streaming Movie and Music will be worth $70 billion over the next six years. This amount would be derived from services streaming media on demand or in real-time and would prohibit users from local storage of the media.

"The outlook for streaming media has never been brighter. Questions surrounding consumers' willingness to pay for content have been dispelled by satellite radio and iTunes," says Robert Rosenberg, Insight Research president. "The forecasts that we present are conservative and in line with current performance. If, however, per-stream costs drop faster than anticipated, we have quicker acceptance of IPTV, or improvements in 3G delivery take place faster than expected, it could blow the doors off of our forecasts, propelling this industry into explosive growth," Rosenberg continues.

Insight bases the claims on four market drivers including license issues, broadband access, mass market demand and enterprise usage. It will probably be safe to say that the recently closed FCC auctions for the 700MHz spectrum will help these services reach the projected amounts if broadband becomes more readily available for consumers.

Via Insight Research

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Tech and Car expert Shane McGlaun (Google) reports about what's new in these two sectors. His extensive experience in testing cars, computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

Advertisement

comments powered by Disqus