Set Top Box Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: September 2, 2020 |

The global set-top boxes market has been projected to grow at the CAGR of over 3% market during 2020-2027. In 2019, the market has generated a revenue of over $20 billion and now it has been expected to cross $22 billion by 2025.

With the rapid growth in the overall digital television sector, the set-top boxes market has witnessed profound growth in the past few years. Due to nearing deadlines of television digitization across regions such as Asia Pacific, MEA, and Latin America, the set-top boxes market is set to witness high growth in the following few years. Another major factor propelling the market growth is the growing inclination towards advanced digital television services such as high definition (HD) and ultra-high definition (UHD) services. The replacement trend (from standard definition to its upgrade) is projected to continue during the forecast period, thereby driving the demand for new set-top boxes.

Set-top boxes are among the most prominent hardware components of the overall digital television ecosystem. These are the receiving devices deployed at the users’ end for receiving and decoding digital signals. The overall market is principally fueled by the rapidly growing digitization of television services across the world. Due to the rapid ongoing transition to digital television, the demand for set-top boxes has been witnessing substantial growth since the past few years. Another major factor pushing the market growth is the continual advancement in the digital television sector. With the advent of high definition (HD) and ultra-high definition (UHD), the market is set to experience strong growth supported by the replacement trend.

Market Segment Insights:

The global set-top boxes market for the purpose of this study is studied for type and video resolution. On the basis of type, the market is broadly segmented into cable television STB, satellite television STB, internet protocol television STB, and hybrid STB. By video resolution, the market is segmented into the standard definition (SD), high definition (HD), and others. The other segment includes ultra-HD (UHD) and 8K video resolutions.

Global Set-top boxes Market Segmentation:

By Type, 2020–2027 ($ Million)

  • Cable Television STB
  • Satellite Television STB
  • IPTV STB
  • Hybrid STB

By Application, 2020–2027  ($ Million)

  • Standard Definition (SD)
  • High Definition (HD)
  • Others (UHD, 8K)

By Geography, 2020–2027  ($ Million)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • Rest of Middle East & Africa

Regional Insights:

For the purpose of this study, the global set-top boxes market is regionally categorized into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA) markets. These regional markets are further sub-segmented into top country-level markets that majorly determine the regional industry trends. Among the considered regional markets, Asia Pacific currently dominates the global set-top boxes market, with China being the largest country-level market. The market here is principally governed by the rapidly rising penetration of digital television as well as internet services in the country. Due to rapidly growing television digitization in other countries, Asia Pacific is set to exhibit the highest growth rate in the following years.

Market Competition Assessment:

The global set-top boxes market is quite consolidated in nature, including numerous international as well as regional players. Some of the leading players governing the market trends are Cisco Systems, Inc., HUMAX Electronics Co., Ltd., Technicolor SA, ADB (Advanced Digital Broadcast) SA, Huawei Technologies Co., Ltd., ARRIS Group, Inc., Samsung Electronics Co. Ltd., Apple, Inc., EchoStar Corporation, Kaonmedia Co. Ltd. and others.

List of Key Companies:

  • Cisco Systems, Inc.
  • Huawei Technologies Co., Ltd.
  • HUMAX Co., Ltd.
  • Technicolor SA
  • ARRIS Group, Inc.
  • Apple, Inc.
  • ADB SA
  • EchoStar Corporation
  • Kaonmedia Co., Ltd.
  • Sagemcom SAS

Table of Content


Chapter 1    Preface


1.1     Report Description

1.1.1  Purpose of the Report

1.1.2  Target Audience

1.1.3  USP and Key Offerings

1.2     Research scope

1.3     Market Segmentation

1.4     Research Methodology

1.4.1  Phase I – Secondary Research

1.4.2  Phase II – Primary Research

1.4.3  Phase III – Expert Panel Review

1.4.4  Approach Adopted

 

Chapter 2    Executive Summary


2.1     Market Snapshot: Global Set-top Boxes Market

2.2     Global Set-top Boxes Market, By Type, 2019

2.3     Global Set-top Boxes Market, By Video Resolution, 2019

2.4     Global Set-top Boxes Market, By Geography

 

Chapter 3    Market Dynamics


3.1     Introduction

3.1.1  Global Set-top Boxes Market Revenue and Growth, 2018 – 2027, ($ Million) (Y-o-Y %)

3.2     Market Inclination Insights

3.3     Market Drivers

3.4     Market Growth Inhibitors

3.5     See-Saw Analysis

3.5.1  Impact Analysis of Drivers and Restraints

3.6     Attractive Investment Proposition

3.7     Competitive Analysis

3.7.1  Market Positioning of Key Vendors

 

Chapter 4    Global Set-top Boxes Market Analysis, By Type


4.1     Overview

4.2     Tornado Analysis

4.3     Cable TV STBs

4.3.1  Global Cable TV STBs Market Revenue, 2018 – 2027, ($ Million)

4.4     Satellite TV STBs

4.4.1  Global Satellite TV STBs Market Revenue, 2018 – 2027, ($ Million)

4.5     IPTV STBs

4.5.1  Global IPTV STBs Market Revenue, 2018 – 2027, ($ Million)

4.6     Hybrid STBs

4.6.1  Global Hybrid STBs Market Revenue, 2018 – 2027, ($ Million)

 

Chapter 5    Global Set-top Boxes Market Analysis, By Video Resolution


5.1     Overview

5.2     Tornado Analysis

5.3     Standard Definition (SD)

5.3.1  Global Standard Definition (SD) Set-top Boxes Market, 2018 – 2027, ($ Million)

5.4     High Definition (HD)

5.4.1  Global High Definition (HD) Set-top Boxes Market, 2018 – 2027, ($ Million)

5.5     Others (UHD & 8K)

5.5.1  Global Others (UHD & 8K) Set-top Boxes Market, 2018 – 2027, ($ Million)

 

Chapter 6    North America Set-top Boxes Market Analysis


6.1     Overview

6.1.1  North America Set-top Boxes Market Revenue and Growth, 2018 – 2027, ($ Million)

6.2     North America Set-top Boxes Market Revenue Market Analysis, By Type, 2018 – 2027 ($ Million)

6.2.1  SRC Analysis

6.3     North America Set-top Boxes Market Revenue Market Analysis, By Video Resolution, 2018 – 2028 ($ Million)

6.3.1  SRC Analysis

6.4     North America Set-top Boxes Market Revenue Market Analysis, By Region, 2018 – 2027 ($ Million)

6.4.1  SRC Analysis

 

Chapter 7    Europe Set-top Boxes Market Analysis


7.1     Overview

7.1.1  Europe Set-top Boxes Market Revenue and Growth, 2018 – 2027, ($ Million)

7.2     Europe Set-top Boxes Market Revenue Market Analysis, By Type, 2018 – 2027 ($ Million)

7.2.1  SRC Analysis

7.3     Europe Set-top Boxes Market Revenue Market Analysis, By Video Resolution, 2018 – 2027 ($ Million)

7.3.1  SRC Analysis

7.4     Europe Set-top Boxes Market Revenue Market Analysis, By Region, 2018 – 2027 ($ Million)

7.4.1  SRC Analysis

 

Chapter 8    Asia Pacific Set-top Boxes Market Analysis


8.1     Overview

8.1.1  Asia Pacific Set-top Boxes Market Revenue and Growth, 2018 – 2027, ($ Million)

8.2     Asia Pacific Set-top Boxes Market Revenue Market Analysis, By Type, 2018 – 2027 ($ Million)

8.2.1  SRC Analysis

8.3     Asia Pacific Set-top Boxes Market Revenue Market Analysis, By Video Resolution, 2018 – 2027 ($ Million)

8.3.1  SRC Analysis

8.4     Asia Pacific Set-top Boxes Market Revenue Market Analysis, By Region, 2018 – 2027 ($ Million)

8.4.1  SRC Analysis

 

Chapter 10  Rest of the World (RoW) Set-top Boxes Market Analysis


9.1     Overview

9.1.1  RoW Set-top Boxes Market Revenue and Growth, 2018 – 2027, ($ Million)

9.2     RoW Set-top Boxes Market Revenue Market Analysis, By Type, 2018 – 2027 ($ Million)

9.2.1  SRC Analysis

9.3     RoW Set-top Boxes Market Revenue Market Analysis, By Video Resolution, 2018 – 2027 ($ Million)

9.3.1  SRC Analysis

9.4     RoW Set-top Boxes Market Revenue Market Analysis, By Region, 2018 – 2027 ($ Million)

9.4.1  SRC Analysis

 

Chapter 10  Company Profiles


10.1   Cisco Systems, Inc.

10.2   ARRIS Group, Inc.

10.3   Huawei Technologies Co., Ltd.

10.4   HUMAX Co., Ltd.

10.5   Technicolor SA

10.6   Apple, Inc.

10.7   ADB SA

10.8   EchoStar Corporation

10.9   Sagemcom SAS

10.10 Kaonmedia Co., Ltd.

(Reports will be updated due to COVID-19 impacts on the market)

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