The “Global Set Top Box Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast 2015-2022” has been recently updated with the latest industrial developments and events. The report exhibits the company profiles with market share, latest mergers, acquisitions and strategies. The Set Top Box market value chain is elaborately covered to enhance the understanding of the reader. This market analysis is competitive and extra efforts have been made to keep the information accurate and in depth. The segmentation of the market is kept customizable as per the client’s specific need.
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A set top box is an appliance that receives digital signals, decodes and displays it on the television screen. The signals can be either television signals or internet data signals and are received via telephone connection or cable connection. Growing digitization has led to higher 3D creation for both urban and rural consumers. Owing to it consumers have been installing set top boxes and have access towards high definition picture and sound quality. This factor has been the major factor for the growth of this market.
This report examines the global set top box market and provides information regarding the revenue (USD Million) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
Highlighted below are some prominent market drivers and restraints:
A. Market Drivers
> Growing demand for HD channels has reduced the prices of smart TVs
> Global digital television transition
> Growing attraction towards high quality picture and sound
B. Market Restraints
> Procurement costs and associated costs of pay channels
> Shortage and supply backlogs due sudden increase in demand owing to mandatory cable digitization
North America is estimated to be the largest market with growing demand for internet protocol TV and increased demand for high-speed broadband support. Asia Pacific is estimated to be the fastest growing market owing to factors such as government initiatives taken to focus on high definition pictures, growing attraction towards HD channels and decline in TV prices has led to the growth of this market. Manufacturers in this market have also stepped into e-commerce retailers such as Ali Express, Amazon, Flipcart etc. which has propelled the growth of this market.
Companies in this market have been focusing on new product launches to help them increase their market share. Recently, Xiaomi released a new 4K android customized set top box for the U.S market. The Mi Box, tailor-made for the US market, allows consumers to stream internet video or play Android games on television, and provides accesses to various video providers as well as Google Play games.
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The report covers following company profiles (can be customized as per requirement):
In terms of geography, the set top box market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
Table Of Contents – Overview
2. Executive Summary
3. Market Analysis Of Set Top Box
4. Set Top Box Market Analysis By Product
5. Set Top Box Market Analysis By Quality
6. Set Top Box Market Analysis By Region
7. Competitive Landscape Of Set Top Box Companies
8. Company Profiles Of Set Top Box Industry
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