Press release
Global Set Top Box (STB) Market Analysis By Product (IPTV, Satellite, Cable, DTT, OTT), By Content Quality (SD, HD, 4K), By Region (U.S., Canada, Germany, UK, China, Japan, Mexico, Brazil) & Segment Forecasts, 2018 – 2023
Global Digital TV Set-Top Boxes Market - Algoro Reports
The global Set Top Box (STB) market size was estimated at USD 17.14 billion in 2015 and is anticipated to witness a significant growth over the forecast period. This steep growth can be attributed to a combination of factors including mandatory television digitization, increasing popularity of High Definition (HD) channels, and the rising adoption of smart televisions worldwide.
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The global Digital TV Set-Top Boxes market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Digital TV Set-Top Boxes by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
The manufacturers have strived toward improving the available storage space in the contemporary STB devices, in order to enable augmented the caching of data broadcasts and personal video recordings. The advancements in digital broadcast technologies coupled with the ever-growing demand for superior video and audio contents are expected to boost the industry growth over the next 8 years.
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The key stake holders of the industry include cable providers, digital satellite service providers, and telecommunication and broadcast companies. Infrastructure providers across the globe are increasingly forming strategic partnerships with software and content providers to optimally address the increasing need for greater interactive content. The key global infrastructure providers include IBM Corporation, Elitecore Technologies, Cisco Systems, Inc., Ericsson, and SysMaster.
The market is expected to present considerable opportunities for growth over the forecast period, primarily due to the emergence of innovative products, such as 3D smart interactive TVs, 4K UHD TVs, and OLED TVs. However, high subscription rates of pay channels are expected to challenge the growth of HD and 4K STBs, especially in the emerging nations such as China, India, and Brazil.
This report forecasts revenue growth and provides an analysis on the latest trends in each of the sub-segments from 2014 to 2023.
Ask a sample or any question, please email to: neel.patel@algororeports.com | Ph: +1–972–591–8785 (US) | info@algororeports.com
Product Outlook (Volume, Million Units; Revenue, USD Million; 2014 -2023)
• Internet Protocol Television (IPTV)
• Satellite
• Cable
• Digital Terrestrial Television (DTT)
• Over-The-Top(OTT)
Content Quality Outlook (Volume, Million Units; Revenue, USD Million; 2014 -2023)
• Standard Definition (SD)
• High Definition (HD)
• Ultra-High Definition (UHD)/4K
Regional Outlook (Volume, Million Units; Revenue, USD Million; 2014 -2023)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Mexico
• Brazil
• Middle East and Africa (MEA)
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AlgoroReports is a part of Algororesearch Consultant Pvt. Ltd. AlgoroReports is one of the largest collections of market research reports from numerous publishers with the team of industries specialist that meet with best client requirements. Market Research is based on a research project that may also be an expansion on past work in the field. Research projects can be used to develop further knowledge on a topic, geography, culture, linguistics, and community to provide exact idea about existing market.
Neel Patel
Manager Business Development
www.algororeports.com
neel.patel@algororeports.com
Ph: +1–972–591–8785 (US)
info@algororeports.com
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