Internet Protocol Television (IPTV) is a system which includes transmission of multimedia services over an Internet Protocol (IP) network instead of a traditional satellite. In other words, IPTV is a method of distributing multimedia services to the user’s location using IP suite over a packet-switched network, such as internet or local area network (LAN). IPTV works on television, with a set top box connected to the internet, which accesses channels and subscription services along with other interactive multimedia services over a secure, end to end operator data network with desired service quality to the users. IPTV devices are commonly used with IP set top boxes, mobile video telephones, IP televisions, and portable media players. IPTV services can be classified into three main categories, including live television, time shifted television and video-on-demand (VoD). Live television refers to the real time broadcasting of television events. IPTV offers a pay-per-view service (subscription IPTV), which means watching content offered on cable, re- transmitted to the internet through channel subscription. The video-on-demand enables users to select and play the video of their choice from a collection of videos offered by provider. Asia-Pacific is the largest IPTV subscriber market in the world. Southeast Asia and Latin America are undergoing rapid changes in the domestic fiber network, due to which the IPTV market in these regions are expected to witness significant growth during the forecast period.