DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wstbmb/settop_box) has announced the addition of the "Set-Top Box Market in Brazil 2015-2019" report to their offering.
The report forecasts the set-top box market in Brazil to grow at a CAGR of 37.01% over the period 2014-2019.
The market size is calculated on the basis of the revenue generated from the shipments of STBs in Brazil that include cable, IPTV, and DTH. DTH is the reception of satellite programmes through personal dish. In cable TV, an operator does the transmission. IPTV lets the user to view streaming media over the packet-switched network using Internet Protocol. The report includes a discussion of the key vendors operating in this market.
Increasing digitization of TV will be a trend that will boost the STB market in Brazil. Digitization of TV will provide a wider range of channels, high picture quality, and all at a low cost. Brazil had initially planned to provide digital TVs by March 2016 but, due to some unavoidable circumstances, the government has shifted the plan to 2018. Now the ministry of communications of Brazil will subsidize STBs to the population with low sources of income as they are switching off the analog and shifting to DTT.
According to the report, the increasing number of HD subscriptions is one of the major reasons driving the STB market in Brazil. As the quality of video making is improving and there is an increase in demand for HD channels, consumers are preferring STBs that support the HD format.
Further, the report states that one of the main challenges hindering the growth of this market is the high cost of IPTVs and hybrid STBs.
- Albis Technologies
- Cisco Systems
- Kaon Media
- Pace Plc
- Skyworth Digital Technology
Other prominent vendors
- Albis Technology
- Kaon America Latina
Skyworth Digital Technology
For more information visit http://www.researchandmarkets.com/research/wstbmb/settop_box