According to figures published by the Multimedia Research Group Inc., in April 2008, the number of subscribers to IPTV worldwide will grow from 24 million in 2008 to 92.8 million in 2012, a compound annual growth rate of 31 per cent (Figure 1). Figure 2 shows that global revenues from IPTV services are expected to rise from USD 7.2 billion in 2008 to USD 31.6 billion in 2012, representing a compound annual growth rate of 34.5 per cent.
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