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Interactive TV market to explode

The interactive TV market will survive recent glitches and delays to generate $19.2 billion annually by 2006, according to a new report from market researcher Allied Business Intelligence. At the end of 2000, interactive TV brought in $300 million in revenue and was found in 14.9 million homes worldwide. By 2006, the report predicts it will be in more than 244 million homes. Interactive TV offers features such as digital video recording, video on demand, pay-per-view events, TV-based gambling, commerce, interactive gaming and Internet access.

The interactive TV market will survive recent glitches and delays to generate $19.2 billion annually by 2006, according to a new report from market researcher Allied Business Intelligence. At the end of 2000, interactive TV brought in $300 million in revenue and was found in 14.9 million homes worldwide. By 2006, the report predicts it will be in more than 244 million homes. Interactive TV offers features such as digital video recording, video on demand, pay-per-view events, TV-based gambling, commerce, interactive gaming and Internet access.