Global Set-Top Box Market Research Report and Forecast

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Global Set-Top Box Market

Research Report and

Forecast 2021-2026

Author: Elena Anderson,

Marketing Manager |

IMARC Group

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Report Description

About

IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

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Report Description

Report Description and Highlights

Global Set-Top Box Market Outlook 2026:

IMARC Group’s latest report, titled “Set-Top Box Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global set-top box market reached a value of US$ 17.17 Billion in 2020.

A set-top box is a hardware device that is used to convert video content to analog or digital TV signals. These TV and internet data signals are received via cable and telephone connection that is decoded and then displayed on the TV screen.

A set-top box consists of turners, system buses, decoders, graphic processors, storage devices,

demultiplexers, and decryptors. It provides multiple channels, at the request of the viewers, along with access to pay-per-view and premium channels.

It also enables users to record the programs in real-time and watch them later, as per their convenience.

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Report Description

Report Description and Highlights

Global Set-Top Box Market Trends:

The global set-top box market is primarily driven by the rising digitization of television networks and growing preference for high-definition TV with satellite set-top boxes. With the improving living standards and inflating incomes of consumers, there is a rise in the sales of smart TVs and Internet-based STBs.

Furthermore, the steadily growing demand for high-quality video streaming and interactive videos is bolstering the market growth. Besides this, various companies are maximizing the storage options and digital video recording capability of the set-top boxes for improving the overall viewer experience.

Additionally, governments across the world are mandating the installation of set-top boxes, analog switch-off transition, and the deployment of open OS-based devices. For instance, the Government of India has amended the Cable Television Network (Regulation) Act, which has made set-top box

installation compulsory in the country.

Furthermore, the rising adoption of hybrid set-top boxes on account of the emergence of various OTT platforms is also propelling the market growth.

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Market Summary:

Breakup by Type:

• Satellite • Cable

• Digital terrestrial television • Internet protocol • Over-the-top (OTT) STBs Breakup by Resolution: • High • Standard • Ultra-high definition

On account of these factors, the market is expected to witness steady growth, exhibiting a CAGR of 3.50% during the forecast period (2021-2026).

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Breakup by End-user: • Residential • Commercial Breakup by Service Type:

• PayTV

• free-to-air segment

Breakup by Distribution Channel: • Online distribution • Offline distribution Breakup by Region: • North America • Europe • Asia Pacific • Latin America

• Middle East and Africa

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Competitive Landscape With Keyplayer: • ARRIS International Limited • HUMAX Electronics Co. Ltd. • DISH Network Corporation • Roku Inc.

• Huawei Technologies Co. Ltd. • Technicolor SA

• Apple Inc. • Google LLC

• Samsung Electronics Co. Ltd. • EchoStar Corporation

• Shenzhen Skyworth Digital Technology Co. Ltd

View Report TOC, Figures and Tables : https://www.imarcgroup.com/set-top-box-market

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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Report Description

Report Description and Highlights

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been

based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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