U.S. Streaming Media Market to Reach Over $7 Billion by 2011
May 31, 2006
According to market research firm The Insight Research Corporation, the market for streaming video in the US is poised for strong growth.
According to the company's new report, "Streaming Media, IP TV, and Broadband Transport: Telecommunications Carriers and Entertainment Services 2006-2011", the market for streaming media content will grow at a compounded rate of 33 percent from about $1.3 billion in 2005 to more than $7 billion in 2011.
An executive summary of the report is available here, and provides good information about the trends that will drive this growth.
Tags: broadband, iptv, streaming media
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