November 13, 2012 03:08 ET
ROCKVILLE, MD--(Marketwire - Nov 13, 2012) - MarketResearch.com has announced the addition of "Online TV and video forecasts," to their collection of market reports.
Global online TV and video revenues will reach $28.72 billion in 2017, a massive increase from the $3.79 billion recorded in 2010 and the $11.14 billion expected in 2012, according to a new report from Digital TV Research. The Online TV and Video Forecasts report (which covers fixed broadband developments -- not smartphones or tablets) explains that the over-the-top TV sector is on the brink of a huge take-off as the key players expand globally, companies consolidate and as new partnerships are announced on a daily basis.
By 2017, 480 million homes in 40 countries will watch online television and video, up from 182 million in 2010. By 2017, 64.6% of the world's 745 million fixed broadband homes will view television and video online, up from 33.5% of the 473 million fixed broadband total in 2010.
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