Global Set-Top Boxes Market By Product Type (Internet Protocol, Digital Terrestrial Television, Satellite, Cable, Over- The- Top- Content, Others), Content Quality (High Definition, Standard Definition, Ultra-High Definition), Services (Managed Services, Interactive Services), End- User (Commercial, Residential), Technology (OTT, IPTV, Hybrid), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026 Global set-top boxes market is set to witness a substantial CAGR of 7.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption of OTT in smartphones and increasing digitalization worldwide is the factor for the growth of this market.
Global set-top boxes market is set to witness a substantial CAGR of 7.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption of OTT in smartphones and increasing digitalization worldwide is the factor for the growth of this market.
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Few of the major competitors currently working in the global set-top boxes market are Huawei Technologies Co., Ltd., Apple Inc., SAMSUNG, ARRIS International Limited., EchoStar Corporation, SAGEMCOM, Technicolor, Skyworth Group Limited, Kaonmedia Co., Ltd., Vishay Intertechnology, Skyworth India Electronics Pvt Ltd, Evolution Digital – IP Video Solutions for Cable Operators, AirTies, Xiaomi., HUMAX Electronics Co., Ltd., TelergyHD, Airtel India., Hathway., Mybox, A Hero Electronix Venture, Tata Sky Limited and others.
Market Definition: Global Set-Top Boxes Market
Set- top box or set- top unit is a device which is specially designed so that the digital signals can be displayed, received and decoded on television. These signals can either be internet data or television signal and can be received through telephone or cable connection. They usually provide more number of channels as compared to the normal cable system and also provide option to the user to filter the channel as per their need and requirement. These set- up box provide channel in different content quality such as standard definition, high definition, and ultra- high definition.
- Increasing adoption of hybrid content will drive the market growth
- Growing demand for high definition channels among population will also propel the growth of the market
- Rising internet impalement will also contribute as a factor for the market growth
- Increasing assimilation of motion sensor in STBs will also accelerate the market growth
- Fluctuation in the price of raw material will restrain the market growth
- High labor cost will also hamper the market growth
- Increasing problem associated with the controlling consumer attenuation will also restrict the market growth
Segmentation: Global Set-Top Boxes Market
By Product Type
- Internet Protocol
- Digital Terrestrial Television
- Satellite, Cable
- Over- The- Top- Content
By Content Quality
- High Definition
- Standard Definition
- Ultra-High Definition
- Managed Services
- Interactive Services
- Video On Demand
- Video Conferencing
- High Speed Internet Television
- North America
- South America
- Middle East and Africa
Why to purchase this report?
Following are the reasons to consider this Global Set-Top Boxes Market report:
- This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
- The report analyzes various factors which act as drivers and restraints to development the overall Global Set-Top Boxes Market.
- This report not only analyzes present market condition but it likewise estimates how the Global Set-Top Boxes Market is going to perform for estimated time period of 2019-2026.
- It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
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Global set-top boxes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of set-top boxes market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Developments in the Market:
- In May 2019, Asianet Digital Network announced the launch of their new Asianet Smart Magic Box which is a new hybrid set- up box and is powered by android TV. It is the first 4K, ultra- high definition set up box. It has the ability to provide conventional linear TV channels and can play online games and videos from different apps. This new set- up box is equipped Android 8.0 and also supports voice search
- In October 2018, Hathway Cable and Datacom announced the launch of their two new OTT set- top- box which is totally based on Google’s Android TV. The main aim of the launch is to meet the rising demand for OTT services and this will be beneficial for the OTT providers because it help them to enhance their customer reach
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
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