"Although cable MSOs continued to be challenged by competition from IPTV and satellite operators, the overall market remains robust, despite the attractiveness of over-the-top (OTT) services," noted Teresa Mastrangelo, Infonetics' directing analyst for video, in a statement.
Among the report's highlights:
- Worldwide revenue derived by providers of IPTV, cable video, and satellite video services grew to $240 billion in 2010, up 11% over 2009.
- Video services experiencing the strongest revenue growth are IPTV services (up 45% in 2010) and satellite video services (up 13%).
- Cable video services continue to make up (by far) the largest portion of total video service revenue, although growth in the cable video service segment is slowing.
- DirecTV, which enjoys the highest video service ARPU in the industry, is the global leader for video service revenue.
- With more than 22.8 million video service subscribers worldwide, Comcast maintains its lead in the race for subscribers.
- In 2010, the fastest growing video services markets were in Asia Pacific and Central and Latin America, driven by analog-to-digital conversion activity and strong new subscriber growth in markets such as Brazil, India, Malaysia and Mexico.