Set Top Box (STB) Market Drivers, Industry Survey and Business Development Analysis till 2024
The Set Top Box (STB) Market
report provides a detailed evaluation of the industry by highlighting
information on different aspects which include drivers, restraints, growth
opportunities, and threats. This information can help stakeholders to make
appropriate decisions before investing. It also provides a detailed analysis of
global market size, regional and country-level market size, competitive
landscape, impact of domestic market players and value chain optimization. Furthermore,
it sheds light on the market contribution, recent developments and successful
marketing strategies of leading companies.
Market Insights
The global Set Top Box (STB) market size was
estimated at USD 17.14 billion in 2015 and is anticipated to reach USD 29.78 billion by 2024. The market is expected to
witness significant demand over the forecast period on account increasing
penetration of High Definition (HD) channels among consumers and the rising
adoption of smart TVs.
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Increased the storage space in modern Set Top
Box (STB) devices to enable caching of data broadcasts and improved personal
video recording. Increasing demand for high-quality picture and sound coupled
technological advancements are anticipated to fuel the Set Top Box (STB) market
over the forecast period. Key players in the market include digital satellite
providers, cable providers and telecommunication companies. Major
infrastructural providers are undertaking strategic partnerships and mergers
with content and software providers on account of increased need for better
interactive content. This has enabled seamless interactive content for consumers.
Major infrastructure providers include Ericsson, SysMaster, Cisco, IBM and
Elitecore.
•
IPTV
•
Satellite
•
Cable
• DTT
• OTT
Global
Content Quality Outlook (Volume, Thousand Units; Revenue, USD Million; 2014 -
2024)
• SD Set Top Box
• HD
Set Top Box
• 4K Set Top Box
Key market players include Amazon, ADB, Cisco, Echostar, Coship, Huawei, Samsung, HUMAX, Technicolor and Skyworth. Vendors are focusing on product differentiation and integrating supplementary features in their products.
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(STB) Market Report with TOC @ https://www.millioninsights.com/industry-reports/set-top-box-stb-market
Regional Outlook (Volume, Thousand Units; Revenue, USD Million; 2014 -
2024)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• MEA
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