Global Set-Top-Box Market 2018-2022 | Development of Integrated STBs to Promote Growth | Technavio

The global set-top-box market is expected to post a CAGR of close to 4%
during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global set-top-box market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the digitalization of
cable networks. Digitalization has increasingly become predominant in
several countries as it helps enhance the quality of cable networks and
helps network operators record the number of subscribers. Furthermore,
government regulations mandating the digitization of cable networks in
emerging economies have driven the consumer demand for STBs in these
counties. The installation of STBs ensures transparency as the
government can estimate the number of households that have access to
cable networks. The cable operators will be liable to pay taxes for
broadcasting content.

This market research report on the global
set-top-box (STB) market 2018-2022 also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

In this report, Technavio highlights the development of integrated STBs
as one of the key emerging trends in the global set-top-box market:

Global set-top-box market: Development of
integrated STBs

Various TV manufacturers are developing TVs integrated with STBs. These
TVs ensure clutter-free installation as the number of wire sets within a
single device is limited. The TVs are designed to integrate a digital
satellite tuner, which allows the reception of DTH signal without the
need for an external STB. These TVs offer access to social media and
online video streaming platforms. Additionally, they offer better
storage options with capacities up to 2TB. The integration of STBs will
help reduce the signal loss while offering a single remote solution with
an intuitive user guide.

“The growing, dynamic consumer base and purchasing power, along with
the rapid urbanization and preference for innovative technologies will
drive the demand for TVs integrated with STBs. Some of the manufacturers
of TVs have included TVs with integrated STBs to their product
portfolio,” says a senior analyst at Technavio for research on
consumer electronics.

Global set-top-box market: Segmentation analysis

This market research report segments the global set-top-box market by
geographical regions (APAC, EMEA, and the Americas).

APAC led the market in 2017 with a market share of nearly 40% of the
market share. The market share occupied by this region is expected to
increase during 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

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