Global Inbuilt Storage Set-Top Boxes Market to Grow at a CAGR of 2.07% During the Period 2016 - 2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Inbuilt Storage Set-top Boxes Market 2016 - 2020” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 03/10/2016 --Report forecast the global inbuilt storage set-top boxes (STBs) market to grow at a CAGR of 2.07% during the period 2016-2020.
STBs are used to improve picture quality, store videos, and to enhance the viewing experience. They also provide interactive services such as video-on-demand, and the freedom to pay only for specific channels. STBs, when attached to a TV, receive unencrypted subscribed channels through an addressable system for viewing encrypted channels. They connect a TV to an external signal source and convert the transmitted signal into video content, which is then displayed on the screen.
STBs can convert both analog and digital signals into visuals. There are of four primary types of STBs:
- Cable
- Satellite
- Internet protocol television (IPTV)
- Hybrid
The report covers the present scenario and the growth prospects of the global inbuilt storage STBs market during 2016-2020. To calculate the market size, the report considers number of unit sales of STBs that are equipped with digital video recording (DVR) technology.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, digitization of TV networks has become increasingly prominent globally with governments mandating installation of STBs, especially in countries like India and China, where a large volume of TVs are sold. This process of digitization is likely to increase the demand for STBs during the forecast period to provide consumers with a wider range of channels and better picture quality. Moreover, it helps service providers offer more channels at a low cost.
Further, the report states that STBs have a global penetration of over 90%, which limits their market growth.
Global In-built Storage Set-top Boxes Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global In-built Storage Set-top Boxes Market: ARRIS, Pace and Technicolor.
Other Prominent Vendors in the market are: ABOX42, ADB, Comcast, Comtrend, Coship, EchoStar, Eagle Kingdom Technologies, Edge-Core Networks, Hansun Technologies, Humax, Huawei, Hyundai Digital Technology, LG, Lenovo, MitraStar, Samsung Electronics, SmartLabs, Telergy, Telsey, TiVo, Verismo Networks, Vestel and ZTE.
Market driver
- Digitization of TV networks
- For a full, detailed list, view our report
Market challenge
- Ongoing market saturation
- For a full, detailed list, view our report
Market trend
- Advances in motion sensor technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 47 pages and 20 Exhibit "Global Inbuilt Storage Set-top Boxes Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by application, Market segmentation by chipset, Market segmentation by resolution, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-inbuilt-storage-set-top-boxes-market-2016-2020
Find all Set-top Boxes report at: http://www.marketresearchreports.com/set-top-boxes
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