The latest report published by IMARC Group, titled “Set-Top Box Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on global set-top box manufacturers. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global set-top box market reached a value of US$ 17.17 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.5% during 2021-2026A set-top box is a hardware device that is used to convert video content to analog or digital TV signals. These TV and internet data signals are received via cable and telephone connection that is decoded and then displayed on the TV screen. A set-top box consists of turners, system buses, decoders, graphic processors, storage devices, demultiplexers, and decryptors. It provides multiple channels, at the request of the viewers, along with access to pay-per-view and premium channels. It also enables users to record the programs in real-time and watch them later, as per their convenience.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/set-top-box-market/requestsample
Global Set-Top Box Market Trends:
The global set-top box market is primarily driven by the rising digitization of television networks and growing preference for high-definition TV with satellite set-top boxes. With the improving living standards and inflating incomes of consumers, there is a rise in the sales of smart TVs and Internet-based STBs. Furthermore, the steadily growing demand for high-quality video streaming and interactive videos is bolstering themarket growth. Besides this, various companies are maximizing the storage options and digital video recording capability of the set-top boxes for improving the overall viewer experience. Additionally, governments across the world are mandating the installation of set-top boxes, analog switch-off transition, and the deployment of open OS-based devices. For instance, the Government of India has amended the Cable Television Network (Regulation) Act, which has made set-top box installation compulsory in the country. Furthermore, the rising adoption of hybrid set-top boxes on account of the emergence of various OTT platforms is also propelling the market growth.
Explore Full Report with TOC & List of Figure: https://bit.ly/3hydMcN
Global Set-Top Box Market 2021-2026 Analysis and Segmentation:
Competitive Landscape With Key Players:
Also Read Blog: Top Set-Top Box Companies in World
Key highlights of the Report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us: IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: [email protected] Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-080
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
A new informative report titled as “Global GaAs Substrate Wafer Market Status and Industry Forecast 2022-2028 Market Report 2022” has...
The Smart Vending Machines market report is a perfect foundation for people looking out for a comprehensive study and analysis...
The Noise Barriers market report is a perfect foundation for people looking out for a comprehensive study and analysis of...
A new informative report titled as “Global 300 mm Wafer Electrostatic Chucks (ESC) Market Status and Industry Forecast 2022-2028 Market...
The Desulfurization Gypsum market report is a perfect foundation for people looking out for a comprehensive study and analysis of...
The Nylon Zipper market report is a perfect foundation for people looking out for a comprehensive study and analysis of...