"Smart Strategies, Giving Speed to your Growth Trajectory"

4K Set-Top Box market size, share & industry analysis, By Product Type (Satellite STBs, Cable STBs, Hybrid STBs, IPTV/OTT STBs (Internet Protocol Television/Over-the-Top), Others (DTT (Direct Terrestrial Transmission), etc.)), By Application (Residential, Commercial) and regional forecast 2021-2028

Region : Global | Report ID: FBI103737 | Status : Ongoing

 

KEY MARKET INSIGHTS

A set-top box (STB) or set-top unit (STU) is an information appliance hardware device that used to receive, decode, and display digital television broadcasts. Set-top boxes are most frequently used in various cable television and satellite applications. The rising demand for over-the-top (OTT) platforms and services such as Netflix, Amazon Prime Video, Hulu, and others is anticipated to boost the market growth. Also, increasing demand for 4K high-quality in-home entertainment is expected to drive the demand of the 4K set-top box. Key players in this market are focusing on new product launch to improve customer experience. For instance, in January 2020, Tata Sky, an Indian DTH operator launched "Tata Sky Binge+", a new Android-based 4K set-top box to provide a seamless experience to their customers. However, the high subscription cost for ultra-HD video content and lack of high-speed broadband connections and the data storage infrastructure are anticipated to hinder market growth.


Key Market Driver -

• Increasing penetration towards 3D and 4K smart TVs is fuelling the market growth. • Rising adoption of IPTV/OTT STB devices is driving the market growth.

Key Market Restraint -

• The low scope of customer retention is expected to impede the market growth.


KEY PLAYERS COVERED


Various manufacturers and service providers are focused on offering enhanced and advanced 4K STBs to gain competitive edge in the market. Key players are also focused on R&D investments in 4K smart solutions to cater to the rising demand from the consumers. Also, rising preference of customers towards 3D, UHD, and interactive TV is expected to present growth opportunities for new market entrants. Some of the key competitors in the 4K set-top box market are Comcast Corporation, Roku Inc., Infomir LLC, Amazon.com, Inc., ABOX42, Huawei Technologies, Arris International, HUMAX, Broadcom, Technicolor SA and others.


REGIONAL ANALYSIS


To gain extensive insights into the market, Request for Customization


North America is expected to lead the market by capturing maximum share during the forecast period. The growth in this region is attributable to the rising penetration towards implementing 4K HD and smart TVs, rising per capita income among consumers, and the increasing investments on 4K technology. Key players in this region are focused on deploying 4K set-top box to improve customer demand. For instance, in July 2019, TDS Telecom and Arris International planned to deploy an Android TV-based VIP6102W UHD IP set-top solution for the TDS TV+ cloud-based video platform. This solution will address the end-user demand for an efficient, easy-to-use, and simple video solution.


The market in the Asia Pacific is expected to exhibit healthy growth owing to the presence of key market players such as ZTE Corporation, Huawei Technologies, and others. These key market players are focused on new product development strategy to enhance the product portfolio. For instance, in September 2019, ZTE Corporation launched its new 4K Hybrid dongle set-top box (STB) at International Broadcasting Convention (IBC) 2019 in Amsterdam to expand its customer base.  


Segmentation






















 ATTRIBUTE


  DETAILS

By Product Type




  • Satellite STBs

  • Cable STBs

  • Hybrid STBs

  • IPTV/OTT STBs (Internet Protocol Television/Over-the-Top)

  • Others (DTT (Direct Terrestrial Transmission), etc.)



By Application




  • Residential

  • Commercial



By Geography




  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico and Rest of Latin America)



Key Industry Developments



  • May 2020 - Xiaomi Corporation, a Chinese electronics company launched its standalone set-top box “Mi Box 4K” powered by the latest Android TV 9.0. This 4K box can stream 4K content from platforms such as Hulu, Netflix, Amazon Prime Video, and others. The Mi Box 4K comes with features such as Bluetooth-powered remote with voice controls and HDR voice. 

  • September 2019 – Bharti Airtel Limited launched its “Xstream 4K Android Box”. This 4K box is powered by Android 9 Pie OS and designed in a bid to take on JioFiber's Set Top Box. 


4K Set-Top Box market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Dell_Logo
HP_New_Logo_2D
Intel_logo
ABB_logo
Coursera

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X