IPTV stands for Internet Protocol Television, which refers to any type of television streaming provided over the internet. This includes providing you access to live television broadcasts and streaming services that are available in a standalone format.
In some instances, streaming providers refer to their service as IPTV. In reality, IPTV can be used as a broad term that is applied to any TV consumption that happens online. While IPTV services have been around for quite a while, they have been steadily growing in popularity as a cheaper alternative to cable or satellite TV.