Global SetTop Box Market By Overview
Introduction:
Set-Top Box Market was valued at US$ 34.9 Billion in 2024 and is projected to grow at a CAGR of 22.40% to reach US$ 262.4 Billion by 2034.
Set-Top Boxes (STBs) are devices that link to a television and an outside broadcast signal source. The demodulator in the set-top box converts the broadcasted signal into audiovisual content that may be shown on a monitor or recorded and stored. The broadcast signal source may be transmitted through satellite, cable, phone line, or common VHF or UHF antenna. Content may come in the shape of interactive games, internet site pages, or any number of video and audio forms. Global Set-Top Box Market accounted US$ 20.9 billion in 2020 and is projected to register a CAGR of 3.7% over the forecast period.
Global SetTop Box Market By Dynamics
In addition to on-demand video content and HD channels, the spread of internet services and bandwidth is anticipated to promote market growth throughout the projection period. The industry's players will introduce new UHD and OTT boxes, which will help the market grow even more. There will be significant market prospects as a result of numerous government attempts to hasten the digitalization of TV services, particularly in Latin America and Asia-Pacific. Increased OTT content streaming on laptops, tablets, and smartphones is negatively hurting the market for set-top boxes. Data from the India Brand Equity Foundation (IBEF) shows that there were 29 million subscribers in the Indian OTT market in July 2020, a 30% increase from March 2020.
Global SetTop Box Market By Segmentation
Source: Prophecy Market Insights
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Global Set-Top Box Market is segmented based on type, content resolution, application, and region.
On the basis of type, the Global Set-Top Box Market is segmented into Cable, Satellite, Digital Terrestrial Television, Internet Protocol, Over-The-Top Content (OTT), Others. On the basis of content resolution, the Global Set-Top Box Market is segmented into Secure Digital (SD), High Definition (HD), 4K, and Others. On the basis of application, the Global Set-Top Box Market is segmented into Residential Use and Commercial Use.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Set-Top Box MarketMarket is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific set-top box market contributed a significant portion of worldwide set-top box revenue, and it is projected that it will continue to dominate the industry over the coming years. This is attributable to the existence of well-known set-top box brands in the region, together with the availability of these brands online, notably in nations like China, Japan, and India. In 2018, the North American market is anticipated to contribute the second-highest revenue share.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024– 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Type - Cable, Satellite, Digital Terrestrial Television, Internet Protocol, Over-The-Top Content (OTT), Others. By Content Resolution – Secure Digital (SD), High Definition (HD), 4K, and Others. By Application - Residential Use and Commercial Use. |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Set-Top Box MarketMarket report based on device, contain, deployment and region:
Global Set-Top Box Market, By Type
- Cable
- Satellite
- Digital Terrestrial Television
- Internet Protocol
- Over-The-Top Content (OTT)
- Others
Global Set-Top Box Market, By Content Resolution
- Secure Digital (SD)
- High Definition (HD)
- 4K
- Others
Global Set-Top Box Market, By Application
- Residential Use
- Commercial Use
Global Set-Top Box Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global SetTop Box Market By Key Players
The key players operating the Global Set-Top Box Market includes ARRIS International plc., Technicolor SA, Apple Inc., Bharti Airtel Ltd., EchoStar Corporation, HUMAX HOLDINGS Co., Ltd. (HUMAX Electronics Co., Ltd.), SAGEMCOM SAS, Samsung Electronics Co. Ltd., Roku, Inc., Skyworth Digital Holdings Ltd., and Huawei Investment & Holding Co., Ltd. (Huawei Technologies Co., Ltd.)
Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in August2022, Telstra touts proposed restructures ‘transparency’ and ‘flexibility’, in its newly released plan brochure, Telstra said the restructuring would create better transparency of its assets across its customer and infrastructure businesses, which would "allow management to increase efficiency and effectiveness".
Global SetTop Box Market By Company Profile
- ARRIS International plc. *
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Technicolor SA
- Apple Inc.
- EchoStar Corporation
- HUMAX HOLDINGS Co., Ltd. (HUMAX Electronics Co., Ltd.)
- SAGEMCOM SAS
- Samsung Electronics Co. Ltd.
- Roku, Inc.
- Skyworth Digital Holdings Ltd.
- Huawei Investment & Holding Co., Ltd. (Huawei Technologies Co., Ltd.)
“*” marked represents similar segmentation in other categories in the respective section
Global SetTop Box Market By Table of Contents
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Content Resolution
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Set-Top Box Market, By Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Cable
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Satellite
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Digital Terrestrial Television
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Internet Protocol
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Over-The-Top Content (OTT)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Set-Top Box Market, By Content Resolution, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Secure Digital (SD)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- High Definition (HD)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- 4K
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Set-Top Box Market, Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Residential Use
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Commercial Use
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Set-Top Box Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Overview
-
-
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Content Resolution, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Content Resolution, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Content Resolution, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Content Resolution, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Content Resolution, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Content Resolution, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- South Africa
- Central Africa
- North Africa
-
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- ARRIS International plc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Johnson & Johnson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Technicolor SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Apple Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- EchoStar Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- HUMAX HOLDINGS Co., Ltd. (HUMAX Electronics Co., Ltd.)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- SAGEMCOM SAS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Samsung Electronics Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Roku, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Skyworth Digital Holdings Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Huawei Investment & Holding Co., Ltd. (Huawei Technologies Co., Ltd.)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- ARRIS International plc.
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Set-Top Box Market is segmented into basis of type, content resolution, application, and region.
In addition to on-demand video content and HD channels, the spread of internet services and bandwidth is anticipated to promote market growth throughout the projection period.
By region, The Asia Pacific set-top box market contributed a significant portion of worldwide set-top box revenue, and it is projected that it will continue to dominate the industry over the coming years.
The Key players operating in the Global Set-Top Box Market includes ARRIS International plc., Technicolor SA, Apple Inc., Bharti Airtel Ltd., EchoStar Corporation, HUMAX HOLDINGS Co., Ltd. (HUMAX Electronics Co., Ltd.), SAGEMCOM SAS, Samsung Electronics Co. Ltd., Roku, Inc., Skyworth Digital Holdings Ltd., and Huawei Investment & Holding Co., Ltd. (Huawei Technologies Co., Ltd.)