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Korean IPTV Revenues Expected to Increase to 770 billion KRW by 2012

Other Topics: IPTV Front End

ROA Group
May 26, 2006

SEOUL -- In the latest report released by ROA Group, titled ‘Challenges for Korean IPTV Industry’ ROA Group analyzed and prospected the IPTV market in Korea. More specifically the report covers the reason for the IPTV service delay and estimates the possible market size after the service launch. Supposed that IPTV commercial launch begins in 2006 in Korea, the number of subscribers would reach to 570,000 in 2006 and increase up to about 3 million by 2012. In addition, sales would record 160 billion KRW in 2006 and increase to 770 billion KRW by 2012.

Fixed operators take the lead in preparing IPTV service in Korea, like in other countries, but due to unprepared institutional frameworks and controversy over fair regulations between cable TV operators and IPTV service providers, the service has been delayed. Since Korean IPTV service is expected to be provided based on high-speed networks, 100Mbps FTTH, and the government-led BcN, the service is likely to have a strong market power in Korea.
 
 
The report explores the status and the progress of service providers such as SKT, Hanaro Telecom and Powercomm in preparing IPTV service. Lastly, it prospects the possible effects that IPTV service brings to telecommunication and broadcasting industries. According to ROA Group, the biggest impact that IPTV brings would be a change in industrial structure. IPTV is likely to be transformed from non-real-time services such as information and VOD into two-way services through real-time transmission of broadcasting contents.

About ROA Group
ROA Group is a research and consulting company that has know-how and experience over Korean-Chinese-Japanese telecommunications and convergence markets. ROA Group is one of the leading companies in Asia providing annual service, strategic research and consulting.

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