LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global set-top box (STB) market report. This research report also lists 45 other prominent vendors that are expected to impact the market during the forecast period.
There is a high demand for pay-per-channels used by customers who use gateways and multiscreen devices. The ongoing shift to the HD format contributes to the growth of the market. Digitization in China, India, and Brazil contributes significantly to market growth. The ongoing shift from analog to the digital platform in China and India has created the demand for HD STBs in these countries.
Competitive vendor landscape
“The global STB market is characterized by intense competition as the market is saturated in developed countries and is expected to be stagnant in future. However, the market share of these players is declining because of the entry of new players. The market is fragmented owing to the presence of a large number of small players. The entry of new players intensifies competition and reduces the profit margins of other vendors. The players are enhancing the features of STBs and providing customized solutions to retain their market share,” says Ujjwal Doshi, a lead consumer electronics research analyst from Technavio.
The growth of the global STB market is driven by digitization that has been taking place in developing countries, such as Argentina, Brazil, China, and India, since 2010. The emerging markets offer opportunities for growth to vendors as the developed countries have reached saturation. The availability of affordable STBs fuels growth in the market.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Top five STB market vendors
ARRIS International offers STBs, digital video and IPTV distribution systems, broadband access infrastructure platforms, and associated data and voice equipment. The wide portfolio of the company offers end-to-end solutions that offer service providers a variety of choices to customize their approach to IP transition. The company focuses on expanding its product and solutions portfolio through organic development, partnerships, and acquisitions.
Broadcom offers a range of consumer electronics products including STB, central office broadband access equipment, residential gateways, and stand-alone broadband access modems. Global service providers introduce new technologies and services in STBs such as HD content, transcoding, digital video recording, and increased networking capabilities.
Pace provides technology solutions and caters to the subscription-based TV services providers and broadband industries. It offers a wide range of media servers, STB, gateways, software, optical transport and access control network solutions, and highly specialized services.
Roku focuses on manufacturing streaming entertainment devices. The first product launched by the company was designed to secure movies from Netflix and feature them on TV with the help of the Internet. The streaming players can be connected directly to the user’s TV and grant access to movies, TV shows, games, music, and extra channels.
Technicolor provides production, post-production, and distribution services to content writers, network service providers, and broadcasters. The company offers film processing, visual effects, and animation services along with the manufacture and distribution of digital video disks, Blu-ray disks, STB, and gateways.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Browse Related Reports:
- Global Wrist Wearable Market 2017-2021
- Global Networked Audio Products Market 2017-2021
- Global Media and Entertainment Storage Market 2017-2021
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.