IPTV equipment generated $229 million in 2Q08

IPTV equipment sales in 2Q08 reached $229 million. The equipment sales tracked by iLocus include those of IPTV specific STB, Middleware, VoD, Encoder, and Security products.

IP STB formed majority of the sales generated. IP STB sales touched $146.8 million, down from $186 million in 1Q08. Motorola led the IP STB market with 36.4% market share during the quarter (by the number of units shipped). The total number of IP STB units shipped during the quarter was around 1.7 million.

As of the end of 2Q08, the total IPTV subscriber base worldwide is estimated at 17.8 million.