The continued adoption of smart devices, such as smartphones, tablets, and other, pushed market valuation to $4.7 billion. The number of SVOD subscribers exceeds 66 million worldwide.
Report by MRG says that more and more devices are moving to a mobile world, and that the ability to deliver high quality, Hi-definition video streams across home networks to devices using multiple formats and screen sizes is crucial to the success of content and services providers.
US research firm MRG showed that demand for IPTV services was picking up “significantly” last year.