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Report: IPTV Gear Sales to Soar

Sales of Internet-protocol-TV equipment are expected to grow from $371 million in 2005 to $6.8 billion in 2009, according to research firm Infonetics Research in a forecast released Wednesday.

Infonetics also expects the number of worldwide IPTV subscribers to more than double annually between 2005-09, reaching 68.9 million by 2009.

Most IPTV-service revenue is currently being generated by providers in Europe, and the number of IPTV subscribers in the Asia-Pacific region more than tripled between 2004 and 2005, Infonetics said.