It’s difficult to tell how many people are using IPTV services at the moment. With the wide variety of providers, different formats, and a huge amount of pirated content available, there are a lot of things to keep track of.
But there’s no doubt that IPTV will be increasing in popularity. Grand View Research estimates that the market will be worth over $117 billion by 2025. The increase in user demand as well as improvements in networks will support this growth.
Grand View also predicts that subscription-based IPTV will grow quickly over the next decade, suggesting that services like TVPlayer and Hulu Live TV will gain in popularity.
Some of that growth has started already.
Major media providers are planning to offer new streaming services to compete with Netflix, Amazon Prime, and other streaming heavyweights. And more traditional TV providers are allowing for time-shifted media via their apps. Even cable providers are allowing their subscribers to watch from their phones.
And now that people can create their own channels to distribute their content with ease, the amount and variety of IPTV options will be increasing quickly. Viewers won’t be limited to what broadcasters are sharing anymore; they’ll be able to go to each other to see everything from fitness videos to audience-specific movies.
In short, the future of TV is IPTV.