Even while experiencing some significant challenges, the global set-top box market continues to expand. Demand for digital set-top box products is rising, particularly in Asia, Latin America, and a number of countries in Europe. The expansion of pay-TV services in developing markets, along with the ongoing shift from standard-definition products to high-definition products in developed markets, is fueling market demand.
Overall, MRG projects that the annual growth rate for unit shipments of digital set-top boxes in 2012 will exceed 15%, with total worldwide unit shipments ending the year at 250 million, a new record high. However, there are some significant challenges to the set-top box market looming on the horizon. Foremost among these is the potential “virtualization” of the set-top box. Virtualization could shift the functionality of the set-top box into a software platform or even the Internet cloud. While MRG is closely watching this potential shift, we do not see it having any significant impact on the market for the next few years.
This report examines the global set-top box market and forecasts worldwide unit shipments and revenues through 2016. It discusses and analyzes demand drivers and product development trends in all four digital set-top box market segments: cable, satellite, IPTV, and terrestrial. It also identifies leading set-top box vendors and details near-term market trends that are currently shaping the set-top box market.
The deliverable is comprised of an excel pivot table that is segmented by region, device type, technology and device sub-type for global units and revenues and an accompanying Powerpoint presentation.