Set Top Box Market
Electronics and Semiconductor

Set Top Box Market is expected to grow at a CAGR of 3.4% from 2022 to 2028.

set-top box (STB), also referred to colloquially as a cable box, is an information system that typically includes a TV tuner input and shows the output of a TV set and an external signal source, converting the source signal into material in a format that can then be shown on a TV screen or other display device. They are found in, among other applications of, cable television, satellite television, and over-the-air television networks. A device that connects to your TV makes it possible for you to use a telephone line or cable to access the Internet and exchange electronic mail on your TV. The key factor driving the set-top box market is the rising technological transformations in set-top box (STB). Technological developments have led to the growth of a wide range of STBs equipped with various features. This, in turn, has made the competition fierce between the set-top box companies. Digital video recording is one of the most anticipated functions since it enables viewers to view and archive their favorite shows. An over-the-air DVR system is a standalone set-top box that enables viewers to transmit and record TV programs. In addition to DVRs, subscription-based TV service providers offer STBs to customers. In addition, DISH, a US-based television provider, has incorporated artificial intelligence into boxes in its new set-top boxes to allow recording facilities at STBs.

Humax, Technicolor, Huawei, Sagemcom, and Coship – Prominent Market Participants in Set Top Box Market

Humax, Technicolor, Huawei, Sagemcom, and Coship are the five key market players operating in the global set top box market. Advanced Digital Broadcast SA; Altech UEC; Arris International Limited (CommScope); Huawei Technologies Co., Ltd.; Kaonmedia Co., Ltd.; Skyworth, and Zinwell Corporation are few other notable players that are profiled in this market study. In addition to these players, multiple other leading global, regional & local market players, emerging companies, market disruptors and niche market players were studied and analyzed during this study to gather a holistic view of the market. The global set top box market includes companies operating in a wide range of product portfolios. Each category has some well-established key players and owing to the different markets in which they operate and compete it is not feasible to determine key five players in the overall set top box market. However, based on parameters such as overall revenue, brand image, current set top box product portfolio, geographic reach, customer base, technology adoption & integration, new product/service/feature launches, partnerships, mergers & acquisitions, and other market-related activities, we have listed above five key players operating in the region.

Few of the important market initiatives and product developments from the industry are mentioned below:

Year News Country
2022 CommScope partnered with Orange Belgium to provide the latest generation of set tops powered by the Android TV operating system (OS). North America
2022 Zinwell and Forsway have launched a new alliance. Forsway has chosen Zinwell as its hardware R&D and production partner for its next-generation platform of Forsway F-60 satellite terminals. Zinwell is a top supplier of digital cable, satellite, wireless equipment, 5G and IoT solutions, among other things. APAC