New York, According to a new market research report published by Global Insight Services “Set-Top Box Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A set-top box is a device that connects to a television and an external source of signal, turning the signal into content that can be displayed on the television screen. The most common source of the signal is a cable television service, although set-top boxes can also be used with satellite television, broadband Internet, and over-the-air television.
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Key Players
The global set-top box market includes players such as Commscope, Coship Electronics Co Ltd, Huawei, Kaonmedia Co Ltd, Sagemcom SAS, Samsung Electronics Co Ltd, Technicolor SA, Advanced Digital Broadcast, Evolution Digital, LLC, NVIDIA Corporation, and others.
Key Trends
There are a few key trends in Set Top Box technology:
1. More and more content is being delivered online, so Set-Top Boxes are starting to include built-in streaming capabilities. This means that users will be able to access a wider range of content without having to purchase a separate streaming device.
2. Set-Top Boxes are becoming more and more powerful, with some models now including features such as 4K resolution support and built-in voice assistants.
Key Drivers
The increasing demand for high-definition content is one of the key drivers of the Set-Top Box market. With the advent of HDTV, consumers are now able to experience a level of picture quality and sound that was previously unavailable.
The need for better picture quality and sound is another key driver of the Set-Top Box market. As consumers become more demanding, manufacturers are continually looking for ways to improve the picture quality and sound of their STBs.
The desire for a more personalized viewing experience is another key driver of the Set-Top Box market. Consumers are increasingly looking for ways to customize their viewing experience.
The Set-Top Box market is also being driven by the increasing availability of broadband Internet. Broadband Internet provides a high-speed connection that is capable of streaming HD content.
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Market Segments
By Product
- Satellite
- Cable
- OTT
- Others
By Content Quality
- HD
- Full HD
- 4K
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Spain
- Italy
- Rest of Europe
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