$2 Bn Smart Set Top Box (STB ) Market - Global Outlook and Forecast 2019-2024 - ResearchAndMarkets.com

The "Smart Set Top Box (STB ) Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The smart STB market is likely to reach around $2 billion by 2024, growing at a CAGR of approximately 8% during 2018-2024.

The smart STB market is witnessing rapid transformations. The growing consumption of hybrid content, digitization in emerging economies, the rising internet penetration, and growing demand from the commercial sector are some of the prominent factors leading to the growth of the smart STB market.

The increasing consumption of OTT content on smartphones and other handheld devices are major drivers for the smart set-top box market. The rising demand for energy-efficient smart appliances is expected to generate high innovation opportunities for smart set-top boxes during the forecast period. The introduction of artificial intelligence and voice assistant technology is also fueling the smart STB market growth.

Besides, the digitization of cable networks in high population countries has also increased the demand for smart set-top boxes. Also, the emergence of new smartphone and online platforms and digital pathways is supporting operators to provide cloud-based non-linear and on-demand services, thereby offering a high potential and growth for the smart STB market during the forecast period.

Further, the smart STB market is witnessing high consolidation, where several vendors are focusing on mergers and acquisitions to strengthen the portfolio. For instance, Technicolor’s acquisition of Cisco’s set-top box division, Arris acquiring Pace, and later the acquisition of Arris by CommScope played a significant role in market growth. Also, the growing construction activities in residential and hospitality sector is expected to increase the demand for smart set-top boxes.

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.2 Base Year

4.3 Scope of the study

4.4 Market Segments

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 OVERVIEW

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 Growing Consumption of Hybrid Content

8.1.2 Digitization in Emerging Economies

8.1.3 Rising Internet Penetration & Shift Towards OTT Content

8.2 Market Growth Restraints

8.2.1 Challenges of Controlling Consumer Attrition

8.2.2 Emergence of OTT Streaming Dongles & Other Channels

8.2.3 Lower Internet Penetration in Developing Economies

8.2.4 Increasing Labor Costs & Raw Material Price Volatility

8.3 Market Opportunities & Trends

8.3.1 Emerging Requirements of Energy Efficiency

8.3.2 Growing Market Consolidation

8.3.3 Demand Rise in Commercial Segment

9 Global Market Landscape

9.1 Market Size & Forecast

9.2 Five Forces Analysis

9.2.1 Threat of New Entrants

9.2.2 Bargaining Power of Suppliers

9.2.3 Bargaining Power of Buyers

9.2.4 Threat of Substitutes

9.2.5 Competitive Rivalry

10 By Technology

10.1 Market Snapshot & Growth Engine

10.2 Market Overview

10.3 IPTV

10.4 OTT

10.5 Hybrid

11 By End-Users

11.1 Market Snapshot & Growth Engine

11.2 Market Overview

11.3 Residential

11.4 Commercial

12 By Distribution Channel

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Retail

12.4 E-commerce

13 By Geography

13.1 Market Snapshot & Growth Engine

13.2 Overview

Competitive Landscape

Prominent Vendors in the Global Smart Set Top Box Market

• CommScope
• Technicolor
• Apple
• Skyworth

Other Prominent Vendors

• ZTE
• Evolution Digital
• Huawei
• AirTies
• Xiaomi
• Humax
• TelergyHD
• Comcast
• Arion
• Kaon
• Bharti Airtel
• Hathway
• YuppTV
• MyBox Technologies
  
  

For more information about this report visit https://www.researchandmarkets.com/r/33vd9l

View source version on businesswire.com: https://www.businesswire.com/news/home/20190717005589/en/