Global HD Set Top Box Market Will Grow At A CAGR of 3.1% Between 2016-2020

Date: 2016-10-10

According to the research, the growth of the Global HD STB market is driven by digitization in China and India as well as in Latin American countries such as Brazil and Argentina. Vendors are banking on these emerging countries for their growth as the market in developed countries is saturated. The availability of affordable HD STBs is also fueling the growth of the market.

The Global HD STB market will grow at a CAGR of 3.1 percent over the period 2016-2020.

By applications, there has been increasing demand from customers for the ability to transform video content to multiple formats for display on devices such as television, mobiles, tablets, and PCs. Vendors have incorporated a new technology, MHG in STB, which caters to this demand from customers. This enables Pay TV operators to deliver services to various client devices. This multiscreen phenomenon is boosting the sales of HD STBs.

A HD set-top box (STB), or nowadays known as a cable box is an information appliance device that generally contains a TV-tuner input and displays output to a television set and an external source of signal, turning the source signal into content in a form that can then be displayed on the television screen or other display device. They are used in cable television, satellite television, and over-the-air television systems, as well as other uses.

There are primarily two types of STBs, namely SD DTB and HD STB. HD STB has the ability to show both SD and HD channels as well as providing better sound and picture quality and greater viewing experience. HD STBs are further classified into four types: cable, satellite, IPTV, and hybrid STB. HD STBs also provide interactive services such as VOD, video conferencing, high-speed internet television, and/or home networking.

HD Set Top Box market share by region as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520

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