Set-Top Box Market: 44% of Growth to Originate from APAC | Growth, Trends, and Forecast (2021 - 2025)

• The integration of voice control features into set-top boxes to make them more convenient to use will subsequently fuel the growth of the set-top box market during the forecast period.
• The integration of new technologies such as Android-based set-top boxes is one of the critical set-top box market trends as it helps consumers to access digital content, play games, and surf the internet.
• Security threats associated with next-generation set-top boxes is one of the key challenges hindering the Set-Top Box Market growth. 
• APAC will register the highest growth rate of 44% among the other regions. Therefore, the set-top box market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
• The set-top box market vendors should focus on grabbing business opportunities from the satellite set-top box segment as it accounted for the largest market share in the base year.

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Scope of the Report

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Satellite Set-top Box Held the Largest Market Share

• The set-top box market share growth by the satellite set-top box segment will be significant during the forecast period.
• Satellite set-top boxes are devices that are used to decode and tune digital signals received from transmitting satellites and convert them into a proper viewable television format.
• The increasing demand for high-definition televisions among consumers will help in the growth of the segment during the forecast period as satellite set-top boxes provide a wide variety of programs with clear visuals and immersive surround sound. 
• Small and medium-sized enterprises (SMEs) require cars for the transportation of employees. Hence, car leasing is more cost-effective than buying a car. 

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APAC is Expected to Hold a Significant Share of the Market

• 44% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for set-top boxes in APAC.
• Market growth in APAC will be faster than the growth of the market in other regions.
• The rising number of households with TVs, the decreasing TV subscription charges, and the decreasing prices of set-top boxes will facilitate the STB market growth in APAC over the forecast period.

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Vendor Insights-

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• ABOX42 GmbH
• Advanced Digital Broadcast SA
• Broadcom Inc.
• CommScope Holding Co. Inc.
• DISH Network Corp.
• Huawei Investment & Holding Co. Ltd.
• MyBox Technologies Pvt Ltd.
• Roku Inc.
• Samsung Electronics Co. Ltd.
• Technicolor SA

The STB market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

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Recent Developments

• ABOX42 GmbH- The company offers M20 smart set-top box. Moreover, it caters different segment of the hardware manufacturing such as IPTV, OTT, Set Top Boxes, STB, IoT, Smart Home, and Cloud Services.
• Broadcom Inc.- The company offers set-top-box SoC solutions for video delivery. Moreover, the company works for Semiconductor solutions and Infrastructure software.
• CommScope Holding Co. Inc.- The company provides set-top box which offer video services with apps and web services including Netflix and YouTube.

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Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• Satellite set-top box - Market size and forecast 2020-2025
• DTT set-top box - Market size and forecast 2020-2025
• IPTV set-top box - Market size and forecast 2020-2025
• OTT set-top box - Market size and forecast 2020-2025
• Cable set-top box - Market size and forecast 2020-2025
• Market opportunity by Type

Market Segmentation by Resolution

• Market segments
• Comparison by Resolution
• HD set-top box - Market size and forecast 2020-2025
• SD set-top box - Market size and forecast 2020-2025
• 4K set-top box - Market size and forecast 2020-2025
• Market opportunity by Resolution

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ABOX42 GmbH
• Advanced Digital Broadcast SA
• Broadcom Inc.
• CommScope Holding Co. Inc.
• DISH Network Corp.
• Huawei Investment & Holding Co. Ltd.
• MyBox Technologies Pvt Ltd.
• Roku Inc.
• Samsung Electronics Co. Ltd.
• Technicolor SA

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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