As host broadcaster, the BBC intends to show 2,500 hours of live coverage of the Games on as many screens as it can possibly reach - including plans for 24 live high definition video streams across multiple platforms.
Around 38 million people in the UK are expected to tune in to the television coverage, according to Ofcom, and millions more will follow around the world.
But with so much content available, it is important to know the best options for watching the action; whether at home on the sofa, or out and about soaking up the atmosphere.
The BBC is gearing up for the biggest broadcast event in its history, with plans to deliver unprecedented coverage of the London games on BBC One, BBC Two, BBC Three (temporarily extending its schedule to full-day), along with BBC HD and BBC One HD. This means that viewers will be able enjoy all events from the comfort of their sofa, without having to wait in queues.
Additional coverage will be offered by the BBC via Red Button services on multiple TV platforms, including the first time use of Kinetrack, a new technology that enables users to move graphics around the screen.
The BBC will make 24 HD-quality live streams available to cable and satellite providers for the duration of the Olympics Games. Viewers will be able to watch every Olympic sport, live from every venue, via electronic programme guide channels or the BBC Red Button on Sky, Virgin Media and Freesat.
Virgin Media will offer all the BBC's 24 live streams via its TiVo converged television service, as part of a deal agreed with the corporation in December last year.
Sky has said that it will offer the live streams via the Red Button, but also broadcast them as channels on its EPG.
The channels are free-to-air and available to any Sky home, including Freesat from Sky customers. The HD versions will be available on any Sky+HD box and not require a subscription, although the viewers will need an HD-ready TV.
Spare capacity on the Freeview HD platform is to be used to show selected London 2012 Olympics live stream coverage in high definition to digital terrestrial viewers.
All 24 interactive live streams will also be available online via the BBC Sport website and the Olympics app on smartphones and selected connected TVs.
Alongside the TV and video action, the BBC has also confirmed plans to offer extensive coverage of the Olympics on its radio networks, including Radio 2, Radio 5 Live and 5 Live Sports.
Eurosport is the pay-TV broadcast partner to the BBC at the Olympics and it will show a huge range of coverage of the Games on its subscription television channels.
In addition, both broadcasters have launched apps on connected TV platforms, such as Sony and Samsung, delivering live video streams and on-demand highlights.
So if you can't actually get to an event, don't worry because it will all be there for you to watch from the living room screen.
With so much to cram into the packed Olympic schedule, it is inevitable that there will be something that you want to watch that is shown while you are away from the TV.
London 2012 will be the first truly multiplatform Games, with coverage of the events being beamed to smartphones, tablets, laptops and other connected platforms.
The BBC has launched a dedicated Olympics app on Google Android and Apple iOS smartphones, offering the 24 live streams, along with news and highlights.
Extensive live and on-demand coverage will be offered on BBC iPlayer, meaning you just need a connected device and a decent web connection to follow the action.
Eurosport's mobile app for the Eurosport Player will also beam coverage to multiple devices, while the Sky Go multiplatform TV service will stream participating channels - but beware that both of these require a subscription.
Alongside multiplatform, London 2012 is also the moment when the Olympics truly goes 3D - available to anyone with a 3D-ready television.
Eurosport has agreed to produce 100 hours of 3D coverage of the Games, including eight hours of live coverage and four hours of highlights from each day.
Events to be covered in 3D include the opening and closing ceremonies, the men's 100m final and selected other sports such as gymnastics, swimming, basketball and canoeing.
Sky will broadcast the coverage live on Sky 3D and make selected highlights available on the Sky Anytime video on-demand service.
During the London 2012 Olympics, the BBC will also show live 3D coverage of the opening and closing ceremonies, and the Men's 100m final, as well as also offer a 3D highlights package at the end of each day.
The coverage will be shown using the BBC HD channel, available on all UK digital TV platforms (Sky, Freeview, Freesat and Virgin Media) for viewers with a 3D-ready TV set.
Visitors to the Walkabout bar in London's Covent Garden or Belushi's in Edinburgh will be able to experience glasses-free 3D coverage of selected events from the Games using the latest technology from Stream TV Networks and Ultra D.
Anyone lucky enough to have ground admission tickets to the sprawling Olympic Park in Stratford can enjoy large outdoor screens showing the day's Olympic events.
A further 50,000 people per day are expected to flock to the 22 BBC Live sites around the country, including Cardiff, Dover, Leeds and Liverpool. A full list is available here.
BT has installed several screens around London, including Hyde Park, Trafalgar Square and Victoria Park, for ticketed events that will be free to attend.
Away from screens for a moment, there are a range of free Olympic events taking place around the country, such as time trial and road cycling around Hampton Court Palace, the triathlon run along the streets between Hyde Park and Buckingham Palace, and the sailing in Weymouth. Check www.london2012.com for more places you can watch.
Possibly most exciting is that the BBC plans to offer coverage of London 2012 using Super Hi-Vision, a new broadcast technology that can deliver TV pictures 16 times the resolution of HD.
Throughout the Games period (July 23 to August 12), regular screenings will take place at three specialist displays at BBC Broadcasting House in London, BBC Pacific Quay in Glasgow and Bradford's National Media Museum.
Tickets for the screenings in London and Glasgow can be booked through the BBC ticketing website, while Bradford tickets are available through nationalmediamuseum.org.uk.
The sites will all host special public viewing theatres, which can present the Super Hi-Vision on giant screens with speaker rigs capable of recreating the 22.2 multichannel sound. It may be rather an old cliché these days, but Super Hi-Vision really does sound as good as actually being there.
Photo gallery - London Olympics 2012 in pictures: