The Business Research Company’s Set-Top Box Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, July 20, 2022 /EINPresswire.com/ -- According to ‘Set-Top Box Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the set-top box market size is expected to grow from $22.77 billion in 2021 to $24.80 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The global set-top box market size is expected to grow to $31.73 billion in 2026 at a CAGR of 6.4%. The rising internet and broadband penetration are expected to propel the growth of the set-top box market going forward.
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The set-top box market consists of sales of the set-top boxes by entities (organizations, sole proprietors, partnerships) that are used for TV sets to receive and decode digital television (DTV) broadcasts and are also used for the conversion of analog television sets to receive digital broadcasts. A set-top box is a hardware device that receives, decodes, and displays digital signals on a television. The signal, which might be either television or Internet data, is received by cable or telephone. The set-top box might deliver more channels than the television's native channel numbering system and choose the channel a user wanted to watch from a slew of signals that included data for a variety of channels.
Global Set-Top Box Market Trends
The introduction of hybrid set-top boxes has emerged as the key trend gaining popularity in the set-top box market. Major companies operating in the set-top box sector are developing unique and advanced products to provide the best services and meet consumer demand.
Global Set-Top Box Market Segments
The global set-top box market is segmented:
By Type: Cable, Satellite, IPTV or OTT, Hybrid
By Resolution: High-definition (HD), Standard Definition (SD), Ultra HD
By Service Type: PayTV, Free-to-Air
By Distribution: Online, Offline
By End-User: Residential, Commercial
By Geography: The global set-top box market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global set-top box market report at:
https://www.thebusinessresearchcompany.com/report/set-top-box-global-market-report
Set-Top Box Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides set-top box global market overviews, analyzes and set top box global global market forecast market size and growth, set-top box global market share, set-top box global market segments and geographies, set-top box global market players, set-top box global market leading competitor revenues, profiles and market shares. The set-top box market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Set-Top Box Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: ADB Technology, Humax, Sagemcom SAS, Samsung Electronics Co. Ltd., Technicolor SA, Huawei Technologies Co. Ltd., ARRIS International, EchoStar, Aferian plc, Commscope Inc, Guangdong Hybroad Vision Electronics Technology Company Ltd, KAONMEDIA, Mybox, Shenzhen Coship Electronics Co. Ltd., Sercomm Corporation, SEI Robotics Co. Ltd, Skyworth Group Co., Sumitomo Electric Industries Ltd, TechniSat, Kaonmedia Co. Ltd., DISH Network Corporation, Roku Inc., Apple Inc, Vishay Intertechnology Inc, and Coship Electronics Co. Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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The Business Research Company
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