Global Set-Top Box Market Forecast to 2023 - Increasing Cost of Production and End-user Consolidation Restrict Growth in this Near-mature Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 14, 2018--The “Global Set-Top Box Market, Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
Increasing cost of production and end-user consolidation restrict growth in this near-mature market. Set-top box vendors are focused on supporting devices that enable seamless rendering of high-quality video on a powerful user interface. The global set-top box market crossed 249.4 million in unit shipment in 2018 and is expected to grow to 297.3 million units, recording a compound annual growth rate (CAGR) of 3.6% (2018-2023).
Vendors are deploying open OS STB devices to stay relevant. On-going analog switch-off in several emerging economies, refresh cycles in North America and some parts of Europe, and upgrades to advanced functionality with a richer user interface for quick search and discovery of content are some factors that are driving the growth of the global set-top boxes market.
The growth opportunity stems from greenfield opportunities in emerging markets, acquisition of key market competitors, and addition of features to STBs, such as HD functionality, security, and gateway abilities.
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Drivers And Restraints - Total STB Market
4. Forecast And Trends - Total STB Market
5. Market Share And Competitive Analysis - Total STB Market
6. Growth Opportunities And Companies To Action
7. Mega Trends
8. Conclusion And The Last Word
Companies MentionedARRIS Huawei Samsung Skyworth Digital Technicolor
For more information about this report visit https://www.researchandmarkets.com/research/9vpfnd/global_settop?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181214005392/en/
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Related Topics:Broadcast,Televisions and Television Services
INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO TECHNOLOGY CONSUMER ELECTRONICS
SOURCE: Research and Markets
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PUB: 12/14/2018 12:09 PM/DISC: 12/14/2018 12:09 PM