Digital television services, including TV, Web access and telephone calls, will dominate Europe's digital economy by the decade's end with 60% of households hooked up, a Reuters report, citing a study, said.
The report said more than 100 billion euros ($122 billion) in related investment, including more than 100,000 new jobs, are expected from next-generation television services, according to technology consulting firm Booz Allen Hamilton.
The Reuters report further said the study, based on market data and interviews with industry participants, said that digital services will shift away from services focused on broadband, or high-speed Internet, toward comprehensive communication and entertainment services centered on digital TV that also delivers Internet and telephone calls.
The study warned, however, that over-regulation of the nascent industry could hinder development and cut total expected spending by about 40%.