Global Set-top Box Market Report 2017
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The global set top box (STB) market to grow at a CAGR of 2.84% during the period 2017-2021.
Global Set Top Box (STB) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. To calculate the market size, the report considers the revenue generated by the global sales of STBs.
Set-top boxes (STBs) are devices that connect TVs to an external signal source and transform the signal into video content that is displayed on the television screen. The source can be a cable, satellite, broadband, telephone line, or a digital subscriber line (DSL) connection. Standard definition (SD) and high-definition (HD) are the two types of STBs. HD STBs display both SD and HD channels.
The latest trend gaining momentum in the market is Availability of TVs integrated with STBs. One of the upcoming trends in the global STB market is the increasing availability of TVs integrated with STBs. They ensure clutter-free installation as there are a limited set of wires within a single device.
According to the report, one of the major drivers for this market is Introduction of advanced features in set-top boxes. Technological advances in the global STB market have led to the development of a wide range of STBs equipped with multiple features. Digital video recording is one of the most popular features as it enables viewers to watch and record their favorite shows. Over-the-air DVR systems are standalone STBs that enable viewers to broadcast and record TV programs. Apart from DVRs, subscription-based TV services providers offer STBs to customers. The users can attach their own storage devices to these STBs for video recording. Consumers can attach their solid-state drives (SSDs), flash memory, or network-attached storage (NAS) hard drives to the STB and record programs as per their convenience.
Further, the report states that one of the major factors hindering the growth of this market is Low scope of customer retention. Low scope of customer retention is one of the serious challenges inhibiting the growth of the global STB market. The global STB market has been witnessing steady growth since 2013, and a significant number of new vendors entered the market by 2016. This has intensified competition, and the technology offers immense opportunities for vendors and investors.
Key vendors
Other prominent vendors
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by content quality
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/fm345z/global_settop
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