Set-Top Box Market Competitive Landscape and Outlook Report 2020-2027
Category: #Technology  By Ronak Bora  Date: 2021-03-25
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Set-Top Box Market Competitive Landscape and Outlook Report 2020-2027

The global set-top box market is anticipated to expand at a significant pace over the foreseeable future, driven by the robust adoption of digital televisions worldwide. Industry players are rapidly introducing several ultra HD and 4K set-top boxes (STBs) for digital TVs, presenting major growth opportunities to the industry.

Likewise, the global population is shifting towards internet-based streaming TVs or services. This factor has favored the deployment of hybrid cable boxes with internet-based & satellite broadcasting capabilities. The industry also has witnessed accelerating investments in commercial establishments such as offices and hotels across the globe. As per Global Market Insights, Inc. estimates, the global set-top box market is expected to cross $21 billion by 2027.

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Hybrid STB are devices that support internet-based and satellite broadcasting capabilities. The trending scenario of combining OTT application with satellite & cables TVs could generate lucrative prospects for STB manufacturers. Consumers at the moment are requesting for hybrid set-top boxes that offers TV programs as well as support OTT application. This trend of OTT is particularly spurring among younger population, a factor that may propel the demand for hybrid STBs.

The COVID-19 pandemic has severely affected the set-top box market growth. Governments across the globe have imposed many restrictions on movements of public in the first half of 2020. These restrictions have resulted in a gradual reduction in set-top box sales, hindering market share. However, according to recent surveys, the set-top box industry is estimated to see substantial growth in the year 2021 with the expected revival of economy.

Steady expansion in the travel and tourism industry could encourage the construction of new hotels. Owing to increasing commercial infrastructural development in economies including the UK, France, and Germany, the set-top box market may witness decent growth. Lucrative growth opportunities are likely to be offered to set-top box service providers in view of the presence of new hotels and resorts such as Hilton Group and Courtyard Group in Europe.

List of the Key Companies that are Operating in the Set-Top Box Market. They are as follows:

Advanced Digital Broadcast SA, Amino Technologies PLC, Commscope, Inc. (Arris), Guangdong Hybroad Vision Electronics Technology Company Ltd, HUMAX Co., Ltd, Kaon Media Co., Ltd., Mybox Technologies Pvt. Ltd. (Hero Electronix Venture), Sagemcom Broadband SAS, Samsung Electronics, Sercomm Corporation, Shenzhen SEI Robotics Co., Ltd., Skyworth Digital Co., Ltd, Sumitomo Electric Industries, Ltd., Technicolor SA, TechniSat Digital GmbH, Zinwell Corporation

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Table Of Content:

Chapter 5   Set-top Box Market, By Type

5.1    Key trends, by type

5.2    Cable

5.2.1    Market estimates and forecast, 2017 – 2027

5.3    Satellite

5.3.1    Market estimates and forecast, 2017 – 2027

5.4    IPTV/OTT

5.4.1    Market estimates and forecast, 2017 – 2027

5.5    Hybrid

5.5.1    Market estimates and forecast, 2017 – 2027

Chapter 6   Set-Top Box Market, By Recording

6.1    Key trends, by recording

6.2    DVR

6.2.1    Market estimates and forecast, 2017 - 2027

6.3    Non-DVR

6.3.1    Market estimates and forecast, 2017 – 2027

Chapter 7   Set-Top box, By Sales Channel

7.1    Key trends, by sales channel

7.2    Online

7.2.1    Market estimates and forecast, 2017 - 2027

7.3    Offline

7.3.1    Market estimates and forecast, 2017 – 2027

Chapter 8   Set-Top box, By End-Use

8.1    Key trends, by end-use

8.2    Residential

8.2.1    Market estimates and forecast, 2017 - 2027

8.3    Commercial

8.3.1    Market estimates and forecast, 2017 – 2027

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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