IPTV, or Internet Protocol television, has been gaining popularity as a way to access television content over the internet. In 2022, the trend continued with a significant increase in the number of people streaming IPTV.
According to Statista, the global IPTV market size was valued at 29.3 billion USD in 2022, and it is expected to grow at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2026. The increasing number of broadband subscribers and the growing demand for live TV and video-on-demand (VOD) content are driving the growth of the IPTV market.
In 2022, the majority of IPTV subscribers were located in Asia-Pacific (APAC) region, with China and India being the largest markets. In Europe, the IPTV market was led by countries such as the UK, Germany, and France. In North America, the United States was the largest IPTV market, followed by Canada.
Additionally, the use of smart TVs and other connected devices has made it easier for consumers to access IPTV services. In 2022, it was estimated that over 50% of IPTV subscribers used a smart TV to access their IPTV service.
Overall, IPTV has become a preferred way for many people to access television content, and the trend is expected to continue in the coming years.