Set Top Box Market: Increasing Demand for Digital TV & Smart TV Anticipated to Fuel Revenue Growth of the APEJ Regional Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027
- Electronics, Semiconductors, and ICT
- No. of Pages: 298
- Published: 2017-08-08
- Report Code: REP-GB-4594
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Format:
An Incisive, In-depth Analysis on the Set Top Box Market
This study offers a comprehensive, 360 degree analysis on the Set Top Box market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Set Top Box market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
The global set-top box market is estimated to be valued at US$ 22,269 Mn in 2017 and is projected to reach US$ 46,091 Mn by 2027 end. Sales revenue is expected to increase at a CAGR of 7.5% during the forecast period (2017–2027).
Increasing demand for TVs from rural areas boosting the set-top box market in the APEJ region
Due to increase in penetration of television and TV services within rural areas as well as urban areas, the set-top box market will receive a boost all across the APEJ region. Disposable incomes are on a rise in developing economies – especially in India and China – and this is helping the set-top box market turnover to grow. In the Asia Pacific region, consumers are more aware about the features, quality and pricing of the set-top box, helping the market achieve greater growth and acceptability.
Increasing demand for IPTV STBs is fuelling the market for set-top boxes in North America
Increasing demand of 4K TVs is expected to provide support to the growth of the set-top box market in North America. It has been observed that the demand for IPTV based services has increased by 12% and operators are viewing IP-based services as an opportunity to differentiate their products. IP transmission recording features and higher storage specifications are anticipated to support steady revenue growth of the North America set-top box market.
Domestic production and low-cost products hampering the market growth in APEJ
In the Asia Pacific region, domestic production of set-top boxes by local companies is leading to an increase in price competition with global set-top box manufacturers. Emerging companies are acting as competitors to the established players in the market, thus making the smooth operation of this market difficult.
Focus on HD videos and powerful interfaces with technology a growing trend in the global set-top box market
It has been observed that set-top box vendors are focussed on supporting devices that enable seamless rendering of high-quality video on a powerful user interface and set-top box vendors have started manufacturing operation systems and app based set-top boxes. The global market is moving towards the 4K android customised set-top box and smart set-top boxes. It has been observed that in the past few years, set-top box manufacturers have shipped a large number of 4K set-top boxes in the APEJ region, and consumers are more aware about the technology and features of set-top boxes in this region.
Flexible policies and government support encouraging the use of set-top boxes in the APEJ regional market
In November 2015, the Chinese government banned 81 third party apps that allow users to turn television sets into internet streaming devices. The Chinese State Administration of Press, Publication, Radio, Film and Television proposed a rule for governing set-top boxes. In China and India respectively, governments have taken initiatives to focus on high definition pictures, towards HD channels and decline in TV prices. This has led to the growth of the set-top box market in the APEJ region. Manufacturers in this region have also utilised e-commerce retailers such as Alibaba, Ali Express, Amazon, Flipkart etc., and this has propelled the growth of this market.
Global Set-Top Box Market Attractiveness by Region, 2017–2027
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In terms of value, the North America set-top box market is projected to be the most attractive regional market in the global set-top box market during the forecast period
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However, the APEJ market is also poised to register high Y-o-Y growth rates throughout the forecast period. In terms of value, APEJ is anticipated to register a CAGR of 6% during the forecast period
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In 2016, the APEJ market was valued at US$ 6,067.4 Mn and is expected to witness sustained growth in terms of revenue throughout the forecast period
The report ‘Set-Top Box Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027’, is a comprehensive take on the set-top box market and elaborates about the various dimensions of the set-top box market based on product type and video quality. Set-top box is a consumer electronic device that integrates the video and audio decoding capabilities of television with a multimedia application execution environment. A set-top box works like an interface between the television and a content provider for instance Direct Broadcast satellite operator, cable operator or terrestrial operator. Set-top box provides digital audio and video sources after decoding the upcoming digital signals. Product categories of set-top box include Cable Set-Top boxes, IPTV Set-Top Boxes, Hybrid Broadcast Broadband, OTT (Over the Top) devices and DTT (Digital Terrestrial Television). Presently set-top boxes are using for Video Telephony, Home Networking, DNGS (Digital News Gathering Services), Electronic Programme Guide etc.
Report Inclusions
The first part of the report covers the market introduction of the set-top box market. The second part contains the regional analysis of the set-top box market with the regions being selected as per the market taxonomy. The third part of the report consists of the competition landscape, which features important players operating in the global set-top box market and contains important information about these companies. The last part of the report consists of global set-top box market analysis by product type, by video quality and by region.
In the introduction, pertinent market numbers of the most lucrative region and segment have been covered. This section also contains the executive summary, which is valuable for the report audience to have a cursory glance at this vast market. Besides the executive summary, the introduction also contains the definitions of set-top box and its various types. The various macroeconomic factors that are influencing the global set-top box market are also discussed in the introduction. Besides this, the opportunity analysis and value chain analysis of the global set-top box market is also given here.
The second part of the report contains a region wise market analysis and opportunity assessment of the global set-top box market. This section depicts the regional market dynamics of the global set-top box market and highlights the drivers that encourage the growth of this market and the restraints that hamper the growth of this market. Besides the drivers and restraints, the various opportunities and trends in the global set-top box market are also discussed. Also, for each regional analysis and opportunity assessment subsection, the key regulations pertaining to that particular region are also given. This gives us a glimpse of the legal framework for each of the regions and helps in navigating the market more tactfully.
The third part of the report contains the competitive landscape of the set-top box market. This part comprises information on the leading companies operating in the global set-top box market. This competition landscape gives a dashboard view of the key companies operating in the global set-top box market along with their important information and broad strategy adopted to stay as leaders in the global set-top box market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description and product portfolio along with key developments concerning the company and strategic analysis is presented. The last part of the report contains the global set-top box market analysis by product type, by video quality and by region. This section presents important market metrics such as BPS analysis, year-on-year growth rates, absolute dollar opportunity and market attractiveness index.
Research Methodology
Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies in the set-top box market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global set-top box market.
Market Taxonomy
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By Product |
By Video Quality |
By Region |
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Why should you invest in this report?
This report will help you acquire the necessary competitive intelligence you may require for a successful stint in the global set-top box market and gather information on the leading market players and their key strategies that enable them to stay as leaders in this highly competitive market. The report also helps in learning about the key industry trends, opportunities and restraints that have a bearing on the global set-top box market. The report will help you go to market armed with pertinent insights on various product types and regional markets of the global set-top box market and enable you to get to know which product type is more popular in which region of the world so that you can make your investment accordingly.
Set Top Box Market Reports - Table of Contents
11. Forecast Factors: Relevance and Impact
12. Forecast Assumptions
18. Assumption and Acronyms
19. Research Methodology
Set Top Box Market Reports - List of Tables
Table 01: North America Set Top Box Market, Unit Shipment, By Country, 2012–2016
Table 02: North America Set Top Box Market Unit Shipment, By Product Type, 2017–2017
Table 03: North America Set Top Box Market Value Analysis (US$ Mn), By Product Type, 2012–2016
Table 04: North America Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027
Table 05: North America Set Top Box Market Value Analysis (US$ Mn), By Video Quality Type, 2012–2016
Table 06: North America Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 07: Western Europe Set Top Box Market Unit Shipments “000”, By Country, 2017–2027
Table 08: Western Europe Set Top Box Market Unit Shipments “000”, By Product Type, 2017–2027
Table 09: Western Europe Set Top Box Market Unit Shipments “000”, By Country, 2017–2027
Table 10: Western Europe Set Top Box Market Value Analysis (US$ Mn), By Product Type, 2012–2016
Table 11: Western Europe Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027
Table 12: Western Europe Set Top Box Market Value Analysis (US$ Mn), By Video Quality Type, 2012–2016
Table 13: Western Europe Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 14: Eastern Europe Set Top Box Market Unit Shipments “000”, By Product Type, 2017–2027
Table 15: Eastern Europe Set Top Box Market Unit Shipments “000”, By Product Type, 2016–2027
Table 16: Eastern Europe Set Top Box Market Value Analysis (US$ Mn), By Product Type, 2012–2016
Table 17: Eastern Europe Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027
Table 18: Eastern Europe Set Top Box Market Value Analysis (US$ Mn), By Video Quality Type, 2012–2016
Table 19: Eastern Europe Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 20: Latin America Set Top Box Market Unit Shipments “000”, By Country, 2016–2027
Table 21: Latin America Set Top Box Market Unit Shipments “000”, By Product Type, 2017–2027
Table 22: Latin America Set Top Box Market Value Analysis (US$ Mn), By Product Type, 2012–2016
Table 23: Latin America Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027
Table 24: Latin America Set Top Box Market Value Analysis (US$ Mn), By Video Quality Type, 2012–2016
Table 25: Latin America Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 26: Asia Pacific Excluding Japan (APEJ) Set Top Box Market Volume Analysis (Unit Shipments 0’00), By Country, 2017–2017
Table 27: Asia Pacific Excluding Japan (APEJ) Set Top Box Market Volume Analysis (Unit Shipments 0’00), By Product Type, 2017–2017
Table 28: Asia Pacific Excluding Japan (APEJ) Set Top Box Market Value Analysis (US$ Mn), By Product Type, 2012–2016
Table 29: Asia Pacific Excluding Japan (APEJ) Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027
Table 30: Asia Pacific Excluding Japan (APEJ) Set Top Box Market Value Analysis (US$ Mn), By Video Quality Type, 2012–2016
Table 31: Asia Pacific Excluding Japan (APEJ) Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 32: Japan Set Top Box Market, Unit Shipments (‘000’ Units), (2017 -2027)
Table 33: Japan Set Top Box Market Value Analysis (US$ Mn), By Product Type, 2012–2016
Table 34: Japan Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027
Table 35: Japan Set Top Box Market Unit Shipments (0’00) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 36: Japan Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 37: Middle East and Africa Set Top Box Market Value Analysis (US$ Mn), By Product Type, 2012–2016
Table 38: Middle East and Africa Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Product Type, 2017–2027
Table 39: Middle East and Africa Set Top Box Market Value Analysis (US$ Mn), By Video Quality Type, 2012–2016
Table 40: Middle East and Africa Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Table 41: Global Set Top Box Market – Unit Shipments (‘000’ Units), 2010-2020
Table 42: Global Set Top Box Market – Unit Shipments (‘000’ Units), 2010-2020
Table 43: Global Set Top Box Market Size (‘000 Units) and Forecast By Product Type
Table 44: Global Set Top Box Market Size (‘000 Units) and Forecast By Product Type
Table 45: Global Set Top Box Market Size (US$ Mn) and Forecast By Product Type
Table 46: Global Set Top Box Market Value Analysis (US$ Mn), By Video Quality Type, 2012–2016
Table 47: Global Set Top Box Market Value Analysis (US$ Mn) and Y-o-Y Growth Forecast, By Video Quality, 2017–2027
Set Top Box Market Reports - List of Figures
Figure 01: Global Set-Top Box Market Value (US$ Mn), 2017–2027
Figure 02: U.S. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 03: U.S. Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 04: Canada Set Top Box Market Value (US$ Mn), 2012–2016
Figure 05: Canada Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 06: North America Set-top box Market Attractiveness Index, By Country, 2017–2027
Figure 07: North America Set-top box Market Attractiveness Index, By Product Type, 2017–2027
Figure 08: North America Set-top box Market Attractiveness Index, By Video quality , 2017–2027
Figure 09: Germany Set Top Box Market Value (US$ Mn), 2012–2016
Figure 10: Germany Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 11: France Set Top Box Market Value (US$ Mn), 2012–2016
Figure 12: France Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 13: U.K. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 14: U.K. Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 15: Spain Set Top Box Market Value (US$ Mn), 2012–2016
Figure 16: Spain Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 17: Italy Set Top Box Market Value (US$ Mn), 2012–2016
Figure 18: Italy Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 19: NORDIC Set Top Box Market Value (US$ Mn), 2012–2016
Figure 20: NORDIC Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 21: Benelux Set Top Box Market Value (US$ Mn), 2012–2016
Figure 22: Benelux Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 23: Rest of Western Europe Set Top Box Market Value (US$ Mn), 2012–2016
Figure 24: Rest of Western Europe Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 25: Western Europe Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 26: Western Europe Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 27: Western Europe Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 28: Russia Set Top Box Market Value (US$ Mn), 2012–2016
Figure 29: Russia Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 30: Poland. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 31: Poland Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 32: Rest of Eastern Europe. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 33: Rest of Eastern Europe Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 34: Eastern Europe Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 35: Eastern Europe Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 36: Eastern Europe Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 37: Brazil Set Top Box Market Value (US$ Mn), 2012–2016
Figure 38: Brazil Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 39: Argentina Set Top Box Market Value (US$ Mn), 2012–2016
Figure 40: Argentina Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 41: Mexico Set Top Box Market Value (US$ Mn), 2012–2016
Figure 42: Mexico Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 43: Rest of Latin America Set Top Box Market Value (US$ Mn), 2012–2016
Figure 44: Rest of Latin America Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 45: Latin America Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 46: Latin America Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 47: Latin America Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 48: India. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 49: India Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 50: China. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 51: China Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 52: ASEAN. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 53: ASEAN Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 54: ANZ. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 55: ANZ Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 56: Rest APEJ. Set Top Box Market Value (US$ Mn), 2012–2016
Figure 57: Rest APEJ Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 58: Asia Pacific Excluding Japan (APEJ) Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 59: Asia Pacific Excluding Japan (APEJ) Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 60: Asia Pacific Excluding Japan (APEJ) Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 61: Japan Set Top Box Market Value (US$ Mn), 2012–2016
Figure 62: Japan Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 63: Japan Set-top box Market Attractiveness Index, By Product Type, 2017–2027
Figure 64: Japan Set-Top box Market Attractiveness Index, By Video Quality, 2017–2027
Figure 65: GCC Set Top Box Market Value (US$ Mn), 2012–2016
Figure 66: GCC Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 67: Turkey Set Top Box Market Value (US$ Mn), 2012–2016
Figure 68: Turkey Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 69: North Africa Set Top Box Market Value (US$ Mn), 2012–2016
Figure 70: North Africa Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 71: South Africa Set Top Box Market Value (US$ Mn), 2012–2016
Figure 72: South Africa Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 73: Rest of MEA Set Top Box Market Value (US$ Mn), 2012–2016
Figure 74: Rest of MEA Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 75: Middle East and Africa Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 76: Middle East and Africa Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 77: Middle East and Africa Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 78: North America Set Top Box Market Value (US$ Mn), 2012–2016
Figure 79: North America Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 80: Latin America Set Top Box Market Value (US$ Mn), 2012–2016
Figure 81: Latin America Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 82: Western Europe Set Top Box Market Value (US$ Mn), 2012–2016
Figure 83: Western Europe Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 84: Eastern Europe Set Top Box Market Value (US$ Mn), 2012–2016
Figure 85: Eastern Europe Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 86: APEJ Set Top Box Market Value (US$ Mn), 2012–2016
Figure 87: APEJ Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 88: Japan Set Top Box Market Value (US$ Mn), 2012–2016
Figure 89: Japan Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 90: MEA Set Top Box Market Value (US$ Mn), 2012–2016
Figure 91: MEA Set Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2017–2027
Figure 92: Global Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 93: Global Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 94: Global Set-top box Market Attractiveness Index, By Technology, 2017–2027
Figure 95: Global Set-Top Box Market Value (US$ Mn) & Y-o-Y Growth, 2012–2016
Figure 96: Global Set-Top Box Market Value (US$ Mn) & Y-o-Y Growth Forecast, 2016–2027
Figure 97: Global Set-top box Market Absolute $ Opportunity (US$ Mn), 2017–2027
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