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Set Top Box Market Trends and Forecast
The future of the set top box market looks promising with opportunities in the residential, and commercial market. The global set top box market is expected to grow with a CAGR of 3% to 5% from 2022 to 2027. The major drivers for this market are rising internet and broadband penetration, growing preference for HD channels, increasing consumer disposable incomes, and growing spending capacity of consumers.
Set Top Box Market by Product Type, Content Quality, Services, and End Use Industry
Emerging Trends in the Set Top Box Market
Emerging trends, which have a direct impact on the dynamics of the industry, include growing adoption of the innovative home appliance products, and rising adoption of consumers towards highly functionalized STBs.
A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global set top box market report, please download the report brochure.
Set Top Box Market by Segments
Set Top Box Market by Segments
The study includes a forecast for the global set top box market by set top box market by product type, content quality, services, end-use industry and region, as follows:
 
Set Top Box Market by Product Type [Value ($B) shipment analysis for 2016-2027]:
  • IPTV
  • Satellite
  • Cable
  • DTT
  • OTT
Set Top Box Market by Content Quality [Value ($B) shipment analysis for 2016-2027]:
  • HD (High Definition)
  • SD (Standard Definition)
  • 4K
Set Top Box Market by Services [Value ($B) shipment analysis for 2016-2027]:
  • Managed Services
  • Interaction Services
Set Top Box Market by End-Use Industry [Value ($B) shipment analysis for 2016-2027]:
  • Residential
  • Commercial
Set Top Box Market by Region [Value ($B) shipment analysis for 2016-2027]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Set Top Box Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies set top box companies caters increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the set top box companies profiled in this report include. 
Set Top Box Market Insights
  • Lucintel forecast that cable will remain the largest segment over the forecast period due to its affordability over the other types of STBs, and its wired connection helps to avoid the adverse effects of the high-frequency waves on the user’s body which occurs in case of other types.
  • Within this market, residential is expected to remain the largest segment due to increasing demand of the television sets among the households and residences which is likely to increase the consumption of the STB products.
  • APAC will remain the largest region due to rising consumption of media and entertainment content especially by the middle-class population across the region, and growing public awareness of technologically advanced goods, as well as the benefits they provide in terms of quality, functionality, and economical price compared to traditional set-top boxes.
Features of the Set Top Box Market
  • Market Size Estimates: Set Top Box market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Set Top Box market size by various segments, such as by product type, content quality, services, end-use industry and region.
  • Regional Analysis: Set Top Box market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by product type, content quality, services, end-use industry and regions for the set top box market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the Set Top Box market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the set top box market size?
Answer: The global Set Top Box market is expected to reach an estimated $xx billion by 2027.
Q2. What is the growth forecast for set top box market?
Answer: The global set top box market is expected to grow with a CAGR of 3% to 5% from 2022 to 2027.
Q3. What are the major drivers influencing the growth of the set top box market?
Answer: The major drivers for this market are rising internet and broadband penetration, growing preference for HD channels, increasing consumer disposable incomes, and growing spending capacity of consumers.
Q4. What are the major segments for set top box market?
Answer: The future of the set top box market looks promising with opportunities in the residential, and commercial market.
Q5. What are the emerging trends in set top box market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include growing adoption of the innovative home appliance products, and rising adoption of consumers towards highly functionalized STBs.
Q6. Who is the key set top box companies?
Answer: Some of the key Set Top Box companies are as follows:
  • Advanced Digital Broadcast SA
  • Amino Technologies Plc
  • Commscope Inc. (Arris)
  • HUMAX Co. Ltd.
  • Kaon Media Co. Ltd.
  • Sagemcom Broadband SAS
  • Samsung Electronics
  • Sercomm Corporation
  • Sumitomo Electric Industries Ltd.
  • Technicolor SA
Q7. Which set top box segment will be the largest in future?
Answer: Lucintel forecast that cable will remain the largest segment over the forecast period due to its affordability over the other types of STBs, and its wired connection helps to avoid the adverse effects of the high-frequency waves on the user’s body as compared to other types.
Q8. In set top box market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to rising consumption of media and entertainment content especially by the middle-class population across the region, and growing public awareness of technologically advanced goods, as well as the benefits they provide in terms of quality, functionality, and economical price compared to traditional set-top boxes.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the set top box market by product type (IPTV, satellite, cable, DTT, and OTT), content quality (high definition, standard definition and 4K), services (managed services and interaction services), end-use industry (residential and commercial) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to set top box market or related to set top box companies, set top box market share, set top box market analysis, set top box market size, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
 
Table of Contents
1. Executive Summary
 
2. Global Set Top Box Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends (2016-2021) and Forecast (2022-2027)
3.2: Global Set Top Box Market Trends (2016-2021) and Forecast (2022-2027)
3.3: Global Set Top Box Market by Product Type 
3.3.1: IPTV
3.3.2: Satellite
3.3.3: Cable
3.3.4: DTT
3.3.5: OTT 
3.4: Global Set Top Box Market by Content Quality 
3.4.1: High Definition
3.4.2: Standard Definition
3.4.3: 4k 
3.5: Global Set Top Box Market by Services 
3.5.1: Managed Services 
3.5.2: Interaction Services 
3.6: Global Set Top Box Market by End-Use Industry 
3.6.1: Residential 
3.6.2: Commercial 
 
4. Market Trends and Forecast Analysis by Region from 2016-2027
4.1: Global Set Top Box Market by Region
4.2: North American Set Top Box Market
4.2.1: North American Set Top Box Market by Product Type 
4.2.2: North American Set Top Box Market by End-Use Industry 
4.3: European Set Top Box Market
4.3.1: European Set Top Box Market by Product Type 
4.3.2: European Set Top Box Market by End-Use Industry 
4.4: APAC Set Top Box Market 
4.4.1: APAC Set Top Box Market by Product Type 
4.4.2: APAC Set Top Box Market by End-Use Industry 
4.5: ROW Set Top Box Market 
4.5.1: ROW Set Top Box Market by Product Type 
4.5.2: ROW Set Top Box Market by End-Use Industry 
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Set Top Box Market by Product Type 
6.1.2: Growth Opportunities for the Global Set Top Box Market by Content Quality 
6.1.3: Growth Opportunities for the Global Set Top Box Market by Services 
6.1.4: Growth Opportunities for the Global Set Top Box Market by End-Use Industry   
6.1.5: Growth Opportunities for the Global Set Top Box Market by Region
6.2: Emerging Trends in the Global Set Top Box Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Set Top Box Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Set Top Box Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Advanced Digital Broadcast SA
7.2: Amino Technologies Plc
7.3: Commscope Inc. (Arris)
7.4: HUMAX Co. Ltd.
7.5: Kaon Media Co. Ltd.
7.6: Sagemcom Broadband SAS
7.7: Samsung Electronics
7.8: Sercomm Corporation
7.9: Sumitomo Electric Industries Ltd.
7.10: Technicolor SA
 
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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