Set-Top Box Market Forecasts to 2028 – Global Analysis By Application (Audio/Video, Cloud Services, E-Services, Gaming, Media Content), End User (Commercial, Residential), and By Geography
According to Stratistics MRC, the Global Set-Top Box Market is accounted for $21.31 billion in 2020 and is expected to reach $32.71 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Growing digitization of television networks, advancements in digital broadcast technologies and government regulations mandating the installation of set-top-boxes are driving the market growth. However, increasing cost of production and end-user consolidation is hampering the growth of the market.
A set-top box (STB) is a device comprising a tuner in it that captures an external source of the signal and throws it to the television set for a great quality picture. A set-top box is essential to continue receiving the signals in the digital format. A set-top box (STB), also colloquially known as a cable box, is an information appliance device that usually contains a TV-tuner input and displays output to a television set and an external source of the signal, converting the source signal into content in a form that can then be displayed on the television screen or other display device. They are utilized in satellite television, cable television and over-the-air television systems as well as other uses.
Based on the type, the over the top (OTT) segment is going to have lucrative growth during the forecast period owing to significant technological advancements in the OTT industry. OTT provides enhanced features, such as reduced time-to-content, simplified payment methods, and accessible time-shifted viewing. By geography, Asia Pacific is going to have high growth during the forecast period due to rising penetration of digital entertainment among the rural and urban populations across the region.
Some of the key players profiled in the Set-Top Box Market include Advanced Digital Broadcast, Aventsecurity, Altech Multimedia (Pty) Ltd. (Altech UEC), Arris International, Coship Electronics, Echostar Corporation, Huawei, Humax, Shenzhen Jiuzhou Electric, KaonMedia, LG CNS, Netgem, Sagemcom, Samsung Electronics and Sky plc.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 21.31billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
5.5% |
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Predicted 2028 Value: |
USD 32.71 million |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
302 |
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Chapters Covered: |
Type, Service Type, Service, Recording, Content Quality, Application, End User, Sales Channel and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Types Covered:
• Cable
• Digital Terrestrial Television (DTT)
• Hybrid
• Internet Protocol Television (IPTV)
• Over the Top (OTT)
• Satellite/Direct-to-Home (DTH)
Service Types Covered:
• PayTV
• Free-to-Air
Services Covered:
• Managed Services
• Interaction Services
Recordings Covered:
• Digital Video Recorder (DVR)
• Non-Digital Video Recorder (DVR)
Content Qualities Covered:
• Standard-Definition (SD)
• High-Definition (HD) & Full High-Definition (HD)
• 4K & Above/ Ultra-HD and Higher
Applications Covered:
• Audio/Video
• Cloud Services
• Communication
• E-Services
• Gaming
• Media Content
• Web Content
End Users Covered:
• Commercial
• Residential
Sales Channels Covered:
• Direct Selling
• Retail Outlets
• Third-Party Distributors
• Online
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Set-Top Box Market is majorly driven by growing digitization of television networks, advancements in digital broadcast technologies and government regulations mandating the installation of set-top-boxes.
The over the top (OTT) segment is growing at a highest CAGR owing to advances in technology and allowing broadcasters to deliver improved sound quality and high-resolution picture quality.
Asia Pacific dominated with a significant market share due to the factors such as rising consumption of media and entertainment content, especially by the middle-class population across the region.
South America market is growing at a highest CAGR owing to the paradigm shift in media consumption preference in the wake of the outbreak of the COVID-19 pandemic.
Key players in Set-Top Box Market include Advanced Digital Broadcast, Aventsecurity, Altech Multimedia (Pty) Ltd. (Altech UEC), Arris International, Coship Electronics, Echostar Corporation, Huawei, Humax, Shenzhen Jiuzhou Electric, KaonMedia, LG CNS, Netgem, Sagemcom, Samsung Electronics and Sky plc.
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Set-Top Box Market, By Type
5.1 Introduction
5.2 Cable
5.3 Digital Terrestrial Television (DTT)
5.4 Hybrid
5.5 Internet Protocol Television (IPTV)
5.6 Over the Top (OTT)
5.7 Satellite/Direct-to-Home (DTH)
6 Global Set-Top Box Market, By Service Type
6.1 Introduction
6.2 PayTV
6.3 Free-to-Air
7 Global Set-Top Box Market, By Service
7.1 Introduction
7.2 Managed Services
7.2.1 Testing
7.2.2 Repairing
7.2.3 Screening
7.3 Interaction Services
7.3.1 Video on Demand
7.3.2 High-Speed Internet Television
7.3.3 Video Conferencing
8 Global Set-Top Box Market, By Recording
8.1 Introduction
8.2 Digital Video Recorder (DVR)
8.3 Non-Digital Video Recorder (DVR)
9 Global Set-Top Box Market, By Content Quality
9.1 Introduction
9.2 Standard-Definition (SD)
9.3 High-Definition (HD) & Full High-Definition (HD)
9.4 4K & Above/ Ultra-HD and Higher
10 Global Set-Top Box Market, By Application
10.1 Introduction
10.2 Audio/Video
10.3 Cloud Services
10.4 Communication
10.5 E-Services
10.6 Gaming
10.7 Media Content
10.8 Web Content
11 Global Set-Top Box Market, By End User
11.1 Introduction
11.2 Commercial
11.3 Residential
12 Global Set-Top Box Market, By Sales Channel
12.1 Introduction
12.2 Direct Selling
12.3 Retail Outlets
12.4 Third-Party Distributors
12.5 Online
13 Global Set-Top Box Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Advanced Digital Broadcast
15.2 Aventsecurity
15.3 Altech Multimedia (Pty) Ltd. (Altech UEC)
15.4 Arris International
15.5 Coship Electronics
15.6 Echostar Corporation
15.7 Huawei
15.8 Humax
15.9 Shenzhen Jiuzhou Electric
15.10 KaonMedia
15.11 LG CNS
15.12 Netgem
15.13 Sagemcom
15.14 Samsung Electronics
15.15 Sky plc
List of Tables
1 Global Set-Top Box Market Outlook, By Region (2019-2028) (US $MN)
2 Global Set-Top Box Market Outlook, By Type (2019-2028) (US $MN)
3 Global Set-Top Box Market Outlook, By Cable (2019-2028) (US $MN)
4 Global Set-Top Box Market Outlook, By Digital Terrestrial Television (DTT) (2019-2028) (US $MN)
5 Global Set-Top Box Market Outlook, By Hybrid (2019-2028) (US $MN)
6 Global Set-Top Box Market Outlook, By Internet Protocol Television (IPTV) (2019-2028) (US $MN)
7 Global Set-Top Box Market Outlook, By Over the Top (OTT) (2019-2028) (US $MN)
8 Global Set-Top Box Market Outlook, By Satellite/Direct-to-Home (DTH) (2019-2028) (US $MN)
9 Global Set-Top Box Market Outlook, By Service Type (2019-2028) (US $MN)
10 Global Set-Top Box Market Outlook, By PayTV (2019-2028) (US $MN)
11 Global Set-Top Box Market Outlook, By Free-to-Air (2019-2028) (US $MN)
12 Global Set-Top Box Market Outlook, By Service (2019-2028) (US $MN)
13 Global Set-Top Box Market Outlook, By Managed Services (2019-2028) (US $MN)
14 Global Set-Top Box Market Outlook, By Testing (2019-2028) (US $MN)
15 Global Set-Top Box Market Outlook, By Repairing (2019-2028) (US $MN)
16 Global Set-Top Box Market Outlook, By Screening (2019-2028) (US $MN)
17 Global Set-Top Box Market Outlook, By Interaction Services (2019-2028) (US $MN)
18 Global Set-Top Box Market Outlook, By Video on Demand (2019-2028) (US $MN)
19 Global Set-Top Box Market Outlook, By High-Speed Internet Television (2019-2028) (US $MN)
20 Global Set-Top Box Market Outlook, By Video Conferencing (2019-2028) (US $MN)
21 Global Set-Top Box Market Outlook, By Recording (2019-2028) (US $MN)
22 Global Set-Top Box Market Outlook, By Digital Video Recorder (DVR) (2019-2028) (US $MN)
23 Global Set-Top Box Market Outlook, By Non-Digital Video Recorder (DVR) (2019-2028) (US $MN)
24 Global Set-Top Box Market Outlook, By Content Quality (2019-2028) (US $MN)
25 Global Set-Top Box Market Outlook, By Standard-Definition (SD) (2019-2028) (US $MN)
26 Global Set-Top Box Market Outlook, By High-Definition (HD) & Full High-Definition (HD) (2019-2028) (US $MN)
27 Global Set-Top Box Market Outlook, By 4K & Above/ Ultra-HD and Higher (2019-2028) (US $MN)
28 Global Set-Top Box Market Outlook, By Application (2019-2028) (US $MN)
29 Global Set-Top Box Market Outlook, By Audio/Video (2019-2028) (US $MN)
30 Global Set-Top Box Market Outlook, By Cloud Services (2019-2028) (US $MN)
31 Global Set-Top Box Market Outlook, By Communication (2019-2028) (US $MN)
32 Global Set-Top Box Market Outlook, By E-Services (2019-2028) (US $MN)
33 Global Set-Top Box Market Outlook, By Gaming (2019-2028) (US $MN)
34 Global Set-Top Box Market Outlook, By Media Content (2019-2028) (US $MN)
35 Global Set-Top Box Market Outlook, By Web Content (2019-2028) (US $MN)
36 Global Set-Top Box Market Outlook, By End User (2019-2028) (US $MN)
37 Global Set-Top Box Market Outlook, By Commercial (2019-2028) (US $MN)
38 Global Set-Top Box Market Outlook, By Residential (2019-2028) (US $MN)
39 Global Set-Top Box Market Outlook, By Sales Channel (2019-2028) (US $MN)
40 Global Set-Top Box Market Outlook, By Direct Selling (2019-2028) (US $MN)
41 Global Set-Top Box Market Outlook, By Retail Outlets (2019-2028) (US $MN)
42 Global Set-Top Box Market Outlook, By Third-Party Distributors (2019-2028) (US $MN)
43 Global Set-Top Box Market Outlook, By Online (2019-2028) (US $MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.
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