APAC Overtakes Europe in IPTV

The worldwide IPTV market will be worth almost $79.4 billion by 2020, exhibiting a CAGR of 18.1% from 2014, says Transparency Market Research. The firm expects APAC to overtake Western Europe as the market’s largest revenue generator during the six years of the forecast. APACxJ will grow at a CAGR of 21.1%, with China, India, South Korea and Indonesia contributing the most to the market.