Set-Top Box Market to Reach US$ 25.2 Billion by 2027 | CAGR of 1.75%

 According to the latest report by IMARC Group, titled “Set-Top Box Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global set-top box market reached a value of US$ 22.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.2 Billion by 2027, exhibiting a CAGR of 1.75% during 2022-2027. A set-top box refers to the device that receives, interprets and displays the digital signal on a television. It converts a digital television signal into an analog signal, which can be viewed on a conventional television set. It allows access to various types of audio and video content that is received via telephone or cable connection. It is generally equipped with a random access memory (RAM), power supply system, decoder, audio and video interference system, a front panel and end flash and radio frequency (RF) modulator, software drivers and hardware blocks. Some of the popular variants of set-top boxes available in the market include high-definition television (HDTV) tuners, DirectTV receivers, All-in-one receivers, and Cable HDTV receivers. 

Request Free Sample Report: https://www.imarcgroup.com/set-top-box-market/requestsample

Covid-19 Outbreak Analysis:

The rapid outbreak of coronavirus disease (COVID-19) and the subsequent lockdown restrictions have negatively impacted the set-top box market across the globe. The mandatory closure of retail shops and home delivery services adversely affected the sales of set-top boxes during the onset of the pandemic. However, with the gradual easing of restrictions across the globe, multiple key players are partnering with local manufacturers for the domestic manufacturing of set-top boxes to tackle the supply chain disruption.  

Set-Top Box Market

Global Set-Top Box Market Trends:

The global market is primarily driven by the rising penetration of high-speed internet connectivity. Additionally, the increasing popularity of over-the-top (OTT) platforms among individuals has encouraged key players to collaborate with leading production companies, including Amazon Prime, Netflix and Hotstar, to gain a competitive edge, thereby creating a positive market outlook. Besides this, the widespread popularity of on-demand video services and high-definition (HD) channels are also significantly supporting the product demand across the globe. Moreover, the growing investments by leading players in product innovations have led to the launch of a vast range of set-top boxes integrated with various features, such as digital video recording and Bluetooth connectivity, which are further gaining prominence among customers.

Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/set-top-box-market

Global Set-Top Box Market 2022-2027 Analysis and Segmentation:

Competitive Landscape With Key Players:

  • ARRIS International
  • HUMAX Electronics
  • DISH Network
  • Roku
  • Huawei Technologies Co.
  • Technicolor
  • Apple Inc.
  • Google Inc.
  • Samsung Group
  • EchoStar Corporation
  • Skyworth Digital

Also Read Blog: Top Set-Top Box Companies in World

Breakup by Type:

  • Cable STB
  • Satellite STB
  • Digital Terrestrial Television (DTT) STB
  • Internet Protocol (IP) STB
  • Over-The-Top (OTT) STB

Breakup by Resolution:

  • HD (High Definition)
  • SD (Standard Definition)
  • UHD (Ultra-High Definition)

Breakup by End-User:

  • Residential
  • Commercial
  • Others

Breakup by Service Type:

  • PayTV
  • Free-to-Air

Breakup by Distribution:

  • Online Distribution
  • Offline Distribution

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Other Report:

About Us:

IMARC Group is a leading market research company that offers 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, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-080

Popular posts from this blog

Europe Battery Market report 2023: Size, Share, Growth & Forecast till 2028

Image
 How Big is the Europe Battery Market? The Europe battery market is projected to exhibit a growth rate (CAGR) of 9.42% during 2023-2028. The enhanced emphasis on reducing dependence on external markets for critical technologies, strong economic growth, the rising recycling and sustainability efforts, and the increasing demand for mobile devices, laptops, and other portable electronics represent some of the key factors driving the market. What is Battery? A battery comprises one or more electrochemical cells, each consisting of two electrodes, including a positive cathode and a negative anode, which are separated by an electrolyte. It comprises lithium-ion (Li-ion), lead acid, nickel-cadmium, nickel metal hydride, and solid-state batteries, which is a technology that offers higher energy density and improved safety by using solid electrolytes. It enables the mobility of devices and vehicles without the need for constant wired connections. It facilitates the efficient storage of renewab
Read more

Plastic Battery Container Manufacturing Plant Project Report 2023: Plant Setup, Raw Materials, Investment Opportunities

Image
IMARC Group's report titled " Plastic Battery Container Manufacturing Plant Project Report 2023: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue  " provides a comprehensive guide for establishing a  Plastic Battery Container manufacturing unit . The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition to the operational aspects, the report also provides in-depth insights into project economics, encompassing vital aspects such as capital investments, project funding, operating expenses, income and expenditure projections, fixed and variable costs, direct and indirect expenses, expected ROI, net present value (NPV), profit and loss account, and thorough financial analysis, among other crucial metri
Read more

Elevating Gaming Realities: Exploring Growth and Trends in the Virtual Reality (VR) in Games Market

Image
The virtual reality (VR) in gaming market continues to revolutionize the gaming experience, ushering players into immersive and captivating digital worlds. Valued at USD 27.80 billion in 2022, this market's dynamic growth reflects its pivotal role in shaping the future of gaming. As technological advancements and consumer demand converge, the virtual reality in gaming market is poised for remarkable expansion during the forecast period from 2023 to 2028, with an estimated compound annual growth rate (CAGR) of 36.2%. Immersive Realms Unleashed The virtual reality in gaming market introduces players to an unparalleled level of immersion, enabling them to step into the heart of their favorite games. VR headsets and accessories transport players into realistic and imaginative landscapes, where they can interact with characters, environments, and challenges like never before. Enhanced Engagement and Entertainment Gaming enthusiasts seek engagement and entertainment that transcend tradi
Read more