Market Research Report
Android Set-Top Box (STB)
|Published by||Global Industry Analysts, Inc.||Product code||993143|
|Published||Content info||266 Pages
Delivery time: 1-2 business days
|Android Set-Top Box (STB)|
|Published: April 1, 2021||Content info: 266 Pages||
Global Android Set-Top Box (STB) Market to Reach $787.2 Million by 2027
Amid the COVID-19 crisis, the global market for Android Set-Top Box (STB) estimated at US$240 Million in the year 2020, is projected to reach a revised size of US$787.2 Million by 2027, growing at aCAGR of 18.5% over the period 2020-2027. HD & Full HD, one of the segments analyzed in the report, is projected to record 18.2% CAGR and reach US$604.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 4K & Above segment is readjusted to a revised 19.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $64.5 Million, While China is Forecast to Grow at 23.7% CAGR
The Android Set-Top Box (STB) market in the U.S. is estimated at US$64.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$187.3 Million by the year 2027 trailing a CAGR of 23.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 16.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.
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