DUBLIN--(BUSINESS WIRE)--The "Android Set-Top Box (STB) Market Size, Share & Trends Analysis Report By Resolution (HD & Full HD, 4K & Above), By Distribution Channel (Online, Brick & Mortar), By Region, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global android set-top (STB) box market size is anticipated to reach USD 695.9 million by 2025, growing at a revenue-based CAGR of 19.5% from 2019 to 2025, according to this report.
Some of the critical factors positively impacting the market growth include shift in viewer and media preferences from conventional platforms towards digital formats and the rise of OTT/IPTV platforms, such as Netflix and Amazon OTT. Additionally, growing internet penetration in emerging economies is also anticipated to boost the market growth over the coming years.
Android set-top boxes are expected to gain immense popularity among the masses owing to the growing awareness pertaining to internet-based set-top boxes and rising demand for high-quality audio and video content among the viewers. The technologically savvy customers are already accustomed to Android devices and their user interface, ultimately making it easier for them to adapt to and operate such devices.
Rising number of initiatives from regulatory authorities worldwide supporting the adoption of Android STBs, such as migration from analog TV to digital TV, is further expected to drive the Android STB market growth. The Telecom Regulatory Authority of India (TRAI) has announced its plans to completely shut down analog transmission by the end of 2023, in an attempt to drive the penetration of digital media format in lesser developed areas across the country.
In 2018, Asia Pacific dominated the market in terms of volume attributed to growing adoption of internet and smart TV. Increasing consumption of online data owing to content digitization in developing countries, such as India, is anticipated to impel regional growth. North America is anticipated to exhibit a volume-based CAGR of over 22.0% over the forecast period.
This is attributed to availability of Ultra-High-Definition (UHD) content and UHD devices. Changing consumer preference for OTT platforms such as Netflix and HBO for viewing content will drive the market in this region.
Key Topics Covered:
1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.4 Information Analysis
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
3 Market Variables, Trends & Scope
3.1 Market Introduction
3.2 Industry Value Chain Analysis
3.3 Market Dynamics
3.3.1 Market driver analysis
220.127.116.11 Increasing digitization and internet penetration in developing economies
18.104.22.168 Increasing adoption of Over-The-Top (OTT) platforms
3.3.2 Market restraint/challenge analysis
22.214.171.124 Security and piracy concerns
3.4 Penetration & Growth Prospect Mapping
3.5 Business Environment Analysis Tools
3.5.1 Porter's Five Forces Analysis
3.6 Key Company Ranking Analysis, 2018
4 Resolution Estimates and Trend Analysis
4.1 Market Size Estimates & Forecasts and Trend Analysis, 2015 - 2025 (Thousand Units)
4.2 Resolution Movement Analysis & Market Share, 2018 & 2025
4.3 HD & Full HD
4.4 4K & Above
5 Distribution Channel Estimates and Trend Analysis
5.1 Market Size Estimates & Forecasts and Trend Analysis, 2015 - 2025 (Thousand Units)
5.2 Distribution Channel Movement Analysis & Market Share, 2018 & 2025
5.4 Brick & Mortar
6 Regional Estimates & Trend Analysis
6.1 Market Size Estimates & Forecasts, and Trend Analysis, 2015 - 2025 (Thousand Units)
6.2 Regional Movement Analysis & Market Share, 2018 & 2025
6.3 North America
6.3.1 Market size estimates and forecasts by resolution, 2015 - 2025 (Thousand Units, USD Million)
6.3.2 Market size estimates and forecasts by distribution channel, 2015 - 2025 (Thousand Units, USD Million)
6.5 Asia Pacific
6.6 Latin America
6.7 Middle East & Africa (MEA)
7 Competitive Landscape
7.1 Company Profiles
7.1.1 ARRIS International Limited.
126.96.36.199 Company overview
188.8.131.52 Financial performance
184.108.40.206 Product benchmarking
220.127.116.11 Recent developments
7.1.3 Evolution Digital, LLC.
7.1.4 HUMAX Electronics Co., Ltd.
7.1.5 Kaonmedia Co., Ltd.
7.1.6 NVIDIA Corporation
7.1.8 Shenzhen Skyworth Digital Technology Co., Ltd.
7.1.9 Shenzhen SDMC Technology Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/kl0938