Research and Markets: Global ZigBee Set-Top Box Market 2014-2018: Challenges Explained
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p6zhk2/global_zigbee) has announced the addition of the "Global ZigBee Set-Top Box Market 2014-2018" report to their offering.
The analysts forecast the Global ZigBee Set-Top Box market to grow at a CAGR of 24.48 percent over the period 2013-2018. One of the key factors contributing to this market growth is prolonged battery life and power saving. The Global ZigBee Set-Top Box market has also been witnessing the increasing digitization of television networks. However, the high cost of advanced ZigBee set top box could pose a challenge to the growth of this market.
Key vendors dominating this space are Atmel Corp., Cisco Systems Inc., Comcast Corp., Huawei Technologies Co. Ltd., Pace plc, Sony Corp, STMicroelectronics N.V., Texas Instruments Inc., and ZTE Corp.
Other vendors mentioned in the report are Advanced Digital Broadcast SA, Amino Communications Ltd EchoStar Corp., Emerson Electric Co., Freescale Semiconductors Inc., GreenPeak Technologies, Humax Co. Ltd., LG Electronics Microchip Technology, Motorola Mobility LLC, Roger Communications Inc., Swisscom AG Time Warner Cable Inc., and TiVo Inc.
Commenting on the report, an analyst from the team said: The digitization of cable TV is likely to give consumers a wider range of channels and better picture quality. Moreover, it helps service providers offer more channels at a lower cost. In addition, digitization provides consumers with HD audio and video in a lower price range. In developing countries such as India, the government is mandating the digitization of cable TV. This process of digitization is expected to increase the demand for STBs during the forecast period. This demand will in turn give rise to purchase of advanced STBs such as ZigBee-enabled STBs.
According to the report, power-saving capability is an important feature of a ZigBee RF4CE device. The specifications for ZigBee RF4CE include a power-saving mechanism which allows both controller devices and target devices to enter a power-saving mode and manage their power consumption and thereby prolong battery life
Further, the report states that technologically advanced products are always highly priced to compensate for R&D costs. Likewise, hybrid ZigBee STBs and IPTV STBs are priced higher than satellite and cable STBs.
For more information visit http://www.researchandmarkets.com/research/p6zhk2/global_zigbee
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