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Broadband Video Services See Significant Growth
By: MarkJ - 13 July, 2007 (9:01 AM)

ABI Research predicts that broadband video services (commercial and advertising supported) could be worth roughly £7.8 Billion by 2012, with customers rising from 300 Million today to a staggering 1 Billion over the same period:

The expanding reach of new syndication networks and video “super-portals” such as Joost, alongside established sites like MySpace, will rapidly grow the total user base for ad-supported video.

Pay-video adoption will grow through sites such as iTunes, the study found. The growth of Internet-connected hardware platforms will make direct download of Internet video to the TV a viable model in coming years.

Such services have also been placing a great deal of additional strain on broadband ISP’s, which providers are attempting to balance through additional capacity and restrictions in other areas; as opposed to price adjustments. YouTube has a lot to answer for.

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