Set-Top Box Global Market Report 2023

“Set-Top Box Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on set-top box market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for set-top box ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The set-top box market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Cable; Satellite; IPTV or OTT; Hybrid

2) By Resolution: High-definition (HD); Standard Definition (SD); Ultra HD

3) By Service Type: PayTV; Free-to-Air

4) By Distribution: Online; Offline

5) By End User: Residential; Commercial

Companies Mentioned: ADB Technology; Humax; Sagemcom SAS; Samsung Electronics Co. Ltd.; Technicolor SA

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the set-top box market are: ADB Technology, Humax, Sagemcom SAS, Samsung Electronics Co. Ltd., Technicolor SA, Huawei Technologies Co. Ltd., ARRIS International, EchoStar, Aferian plc, Commscope Inc., Guangdong Hybroad Vision Electronics Technology Company Ltd., KAONMEDIA, Mybox, Shenzhen Coship Electronics Co. Ltd., Sercomm Corporation, SEI Robotics Co. Ltd., Skyworth Group Co., Sumitomo Electric Industries Ltd., TechniSat, Kaonmedia Co. Ltd., DISH Network Corporation, Roku Inc., Apple Inc., Vishay Intertechnology Inc., and Coship Electronics Co. Ltd.

The global set-top box market grew from $25.41 billion in 2022 to $27.87 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The set-top box market is expected to grow to $39.84 billion in 2027 at a CAGR of 9.3%.

The set-top box market consists of sales of HDTV tuners, directTV receivers, all-in-one receivers and cable HDTV receivers. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

A set-top box is a hardware device that receives, decodes, and displays digital signals on a television. The signal, which might be either television or Internet data, is received by cable or telephone. The set-top box might deliver more channels than the television's native channel numbering system and choose the channel a user wanted to watch from a slew of signals that included data for a variety of channels. It is used for TV sets to receive and decode digital television (DTV) broadcasts and are also used for the conversion of analog television sets to receive digital broadcasts.

Asia-Pacific was the largest region in the set top box market in 2022. The regions covered in the set-top box market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of set-top boxes are cable, satellite, IPTV (OTT), and hybrid. The cable set-top box refers to converting any sort of cable television channel transmission into analog radio-frequency signals on a single VHF channel. Cable converter boxes are used to decode signals to manage a large number of carrier-controlled and access-restricted channels. The various resolutions include high-definition (HD), standard definition (SD), and ultra-HD. The service types included are pay-TV and free-to-air. These are used by residential and commercial properties and are distributed through online and offline mediums.

The rising internet and broadband penetration are expected to propel the growth of the set-top box market going forward. The Internet refers to a worldwide computer network that is used to transmit a variety of data and media across interconnected devices such as TVs, mobiles, and laptops. The Internet helps set-top boxes provide a better viewing experience and also helps the video play in good quality without buffering. For instance, in 2020, according to the report published by the Motion Picture Association, a US-based trade association, subscriptions to internet video services stood at 1.1 billion globally, representing a 26% year-over-year increase. Also, according to the OECD (Organisation for Economic Co-operation and Development), from June 2020 to June 2021, OECD countries saw a 15% increase in high-speed fiber subscriptions. Therefore, the rising internet and broadband penetration are driving the growth of the set-top box market.

The introduction of hybrid set-top boxes has emerged as the key trend gaining popularity in the set-top box market. Major companies operating in the set-top box sector are developing unique and advanced products to provide the best services and meet consumer demand. For instance, in March 2020, D2H, an Indian-based company providing set-top box and satellite services, launched a hybrid set-top box with Android TV and a new D2h Magic Stick with built-in Alexa. It is a hybrid set-top box that combines a DTH connection with Over-the-Top content (OTT). The new Hybrid Set-Top Box comes with Google's Android TV 9.0 OS and will support applications including Amazon Prime Video, Zee5, Voot, ALTBalaji, YouTube, and others. In addition, members will be able to visit the Google Play Store to download and install apps of their choice.

In August 2022, Telstra Group, an Australia-based telecommunications company, acquired 51.4% of controlling interest in Fetch TV for an undisclosed amount. With this acquisition, Fetch is positioned to provide a truly competitive Australian home and entertainment solution with the scale to work with global content and streaming providers. Fetch TV is a Australia-based provider of set top box with a digital TV tuner.

The countries covered in the set-top box market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The set-top box market research report is one of a series of new reports from The Business Research Company that provides set-top box market statistics, including set-top box industry global market size, regional shares, competitors with a set-top box market share, detailed set-top box market segments, market trends and opportunities, and any further data you may need to thrive in the set-top box industry. This set-top box market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.