|By Business Wire||
|January 7, 2014 02:31 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/9nbmp5/global_set_top) has announced the addition of the "Global Set Top Box Market & Forecasts Report to 2018" report to their offering.
One of the major drivers in this market is the increasing adoption of HD STB. With the improving video quality and emergence of HD channels, the demand for HD STBs is increasing.
The Pay TV market is one of the biggest revenue contributors to the Global Set Top Box market across the globe. With the large number of channel choices available to subscribers, consumers are increasingly subscribing to more channels. Further, digitalization is likely to increase the subscription of pay TV as subscription-based TV services are more popular in the digital platform than in the analog platform. Another reason for the increase in number of pay TV subscribers is the growth of the In-house Entertainment market. Hence, the positive impact on the related industry market i.e., the In-house Entertainment market due to the increasing number of pay TV subscribers is one of the major trends propelling the growth of the Global Set Top Box market.
Further, the report states that one of the main challenges hindering the growth of this market is the high cost of advanced STBs such as IPTV and hybrid STBs. As these STBs have advanced features such as recording, live video control, and accessing the content over internet, the cost of these devices has been increasing..
The key vendors dominating this market space are:
- Cisco Systems Inc.
- Huawei Technologies Co. Ltd.
- Pace plc
- Technicolor SA.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Application
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/9nbmp5/global_set_top