Online video, Internet TV market to reach $35 billion by 2018 | The Convergence | On Media & Technology

Here is the future business model for Television. Online video, Internet TV market to reach $35 billion by 2018.IPTV $35 Billion

Online video delivered over fixed broadband networks is poised “on the brink of a huge take-off” that will see revenues increase to nearly $35 billion globally by 2018, an increase of nearly 120% from 2013, new research says.

The increase is being driven by growing broadband penetration, new technology and the expectation that services like Netflix and Hulu Plus will accelerate their international expansion, said the report, “Online TV and Video Forecasts,” from Digital TV Research.

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Online video, Internet TV market to reach $35 billion by 2018 | The Convergence | On Media & Technology.

About Jim Jachetta

Jim Jachetta, EVP & CTO of VidOvation Corporation, has over 25 years of experience in designing, integrating and delivering video audio and data communications systems over wireless, IP networks and fiber optics. Jim drives VidOvation to create solutions using world class technology to make the “impossible” and “never been done before” a cost effective, everyday solution aligned with your business goals – modern technology, creatively implemented to meet your business needs, easy to support, and delivered at a price point that leads the industry.

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