Analysys International Predicts China's IPTV Market Will Explode

From Analysys International (Press Release):

Analysys International announced today they predict that Internet Protocol Television (IPTV) will become the next global industry, with a potential market of 200 billion RMB, while the China IPTV market will mature into a huge market, reaching 16.7 billion RMB (1 usd = 8.1 yuan) in revenue and 16.65 million in the predicted number of users by 2009. Its newly released Focus Report on IPTV China-2005 helps dispel misconceptions that this industry that is full of obstacles and provides high-valued results for business models based on a thorough understanding of the industry.

'Uncertainty of regulations, insufficient hardware platforms, long-term obstacles of an immature value chain and unclear business models are the main concerns of key players,' according to Analysys International's study, 'But despite all these obstacles, users of IPTV in China will reach 1.17 million by the end of 2005; 2007 will be a year strong growth year for IPTV users and finally the growth rate will slow down, reaching 16.65 million users by the end of 2009.'