Press Release / Technology / Set-Top Box Market 2019 Leading Key vendors, Technology, Segments, Future Plans and Growth Rate To 2023
Set-Top Box Market 2019 Leading Key vendors, Technology, Segments, Future Plans and Growth Rate To 2023
By MarketRF39 on March 15 2019 | 571 Views
Global Set-Top Box Market, By Type (Cable, Satellite, Digital Terrestrial Television, Internet Protocol, Over-The-Top Content), By Application (SD, High Definition, 4K), By End Users (Residential Use,
The report on the global Set-top Box market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.
Market Highlights:
The companies such as Huawei Technologies Co. Ltd. (China), Apple Inc. (U.S), Google Inc. (U.S), Samsung Group (South Korea), Arris International Plc. (U.S), EchoStar Corporation (U.S), are the leading providers of set-top box in the market. The adoption of hybrid boxes is boosting the market growth due the increasing demand of over-the-top content services. In 2017, Facebook Inc. is creating an app for television set-top boxes, including Apple Inc’s Apple TV.
Digital terrestrial television is considered to gain demand in market due to increasing use of Wi-Fi which allows connectivity through web. The IP transmission recording features and higher storage specifications are driving the market growth of set top box in the market. The factors that boost the growth market are the increasing adoption of digital terrestrial television broadcasting, BS digital broadcasting, and CATV broadcasting which is driving the market growth in the forecast years. In 2017, Dish TV launches new generation cardless HD set-top which is portable and cost effective.
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Major key Players
Huawei Technologies Co. Ltd. (China),
Apple Inc. (U.S),
Google Inc. (U.S),
Samsung Group (South Korea),
Arris International Plc. (U.S),
EchoStar Corporation (U.S),
Humax (U.K),
Sagemcom (France),
Technicolor SA (France),
Skyworth Digital (China)
According to MRFR, The global Set-Top Box Market is growing rapidly over 6% of CAGR and is expected to reach at USD 31 Billion by the end of forecast period.
Competitive Analysis
The market of set-top box appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the set-top box market in North America owing to the presence of a large number of established key players such as Apple Inc., Google Inc., Arris International Plc. And EchoStar Corporation among others. Also, U.S. is leading the market in North America due to the rising demand for hybrid set-top boxes and high-speed communication. Also, growing demand for digital terrestrial television broadcasting and BS digital broadcasting, are the major factors driving the growth of set-top box market in the region. Also, due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of over-the-top (OTT) streaming and app-based multi-screen experiences capturing mindshare from traditional TV and smart TVs in the region, the market is likely to show immense growth in the coming future. Set-top box market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 due to increasing adoption of smart TVs and growing demand for high definition content in China and India in the region. Whereas, the Europe market for set-top box is expected to grow at a considerable CAGR (2017-2023).
Segmentation
The global set-top box market has been segmented on the basis of types, content resolutions application, and region.
Global Set-top box Market By Type:
Cable
Satellite
Digital Terrestrial Television
Internet Protocol
Over-The-Top Content (OTT)
Others
Global Set-top box Market By Content Resolutions:
Secure Digital (SD)
High Definition (HD)
4K
Others
Global Set-top box Market By Application:
Residential Use
Commercial Use
Global Set-top box Market By Regions:
North America
Europe
APAC
Rest Of The World
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Intended Audience
Set-top box companies
Set-top box providers
Professional service providers
Research and development companies
Market research and consulting firms
Solution providers
Technology standards organizations
Technology investors
System Integrators
LIST OF TABLES
Table 1 Global Integration Platform as a Service Market: By Region, 2017-2023
Table 2 North America Integration Platform as a Service Market: By Country, 2017-2023
Table 3 Europe Integration Platform as a Service Market: By Country, 2017-2023
Table 4 Asia-Pacific Integration Platform as a Service Market: By Country, 2017-2023
Table 5 Middle East & Africa Integration Platform as a Service Market: By Country, 2017-2023
Table 6 Latin America Integration Platform as a Service Market: By Country, 2017-2023
Table 7 Global Integration Platform as a Service by Service Type Market: By Regions, 2017-2023
Continued…….
LIST OF FIGURES
FIGURE 1 Global Integration Platform as a Service Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Integration Platform as a Service Market
FIGURE 4 Value Chain of Global Integration Platform as a Service Market
FIGURE 5 Share of Global Integration Platform as a Service Market in 2017, by country (in %)
FIGURE 6 Global Integration Platform as a Service Market, 2017-2023,
Continued…….
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