Published by Coherent Market Insights
Posted on September 21, 2021
4 min readLast updated: February 4, 2026
The set-top boxes market is expected to grow to US$ 33.5 Bn by 2027, driven by innovations and increasing OTT demand.
United States/WA: The global set-top boxes market was valued at US$ 20.4 Bn in 2019 and is forecast to reach a value of US$ 33.5 Bn by 2027 at a CAGR of 6.4% between 2020 and 2027.
Report Pages:[135 Pages]
The Competitive Area of the Set-Top Boxes Market is Defined by Key Players Like:–Humax Co., Ltd., Sagemcom SAS, Huawei Technologies Co., Ltd., Kaonmedia Co. Ltd., Technicolor SA, EchoStar Corporation, ADB (Advanced Digital Broadcast) SA, ARRIS Group, Inc., Apple, Inc., and Samsung Electronics Co. Ltd.
The Worldwide Set Top Box Chipset Market is predicted to experience significant growth throughout the forecast period (202-2027). The demand for wireless communication devices like mobiles and handheld personal electronic devices has increased tremendously. However, there is a great deal of competition among manufacturers for leading brands.
In the last few years, a few prominent set top box chipset market players have come up with new products that are equipped with new features. In October 2020, Amlogic launched First Media’s new 4K Android TV set-top box (STB), powered by Amlogic’s S905X2 system-on-chip (SoC) and TVSTORM’s Widevine CAS based head-end solution.
The set top box chipset market players are leveraging the innovative and cost-effective technologies to introduce new products in the market. This leads to an improvement in the total quality and features of the set-top boxes. Leading brands like ALi Corporation, Marvell, Zhuhai Allwinner Technology Co., Ltd., Broadcom Inc., Socionext Inc., HiSilicon (Shanghai) Technologies Co., Ltd., and Pixelworks Inc. are leveraging the powerful and resourceful technologies to introduce state-of-the-art technology in the form of multimedia experience in the form of high-definition (HD), digital signage, Wi-Fi, and infrared technology.
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The demand of OTT platforms is increasing day-by-day. This is the reason, manufacturers are introducing new sets-top boxes that allow easy access to various OTT services such as music, video, and Internet services, etc. With this innovative handset feature, consumers can access the social networking sites or other interactive media features through the handset conveniently. In fact, these mobiles have some remarkable security features that allow users to lock or erase all the files from the memory once they feel like deleting some data. There are numerous mobile service providers and retailers who offer the latest mobile phones at reasonable prices.
Consumers should know all the technical specifications of the brand they intend to purchase the handset from including its hardware and software features. They should also understand the differences between the analog and digital signals prevalent in the set top box chipset market. They should be familiar with the specification sheet of set top box chipset and should check whether there is a compatibility issue between their TV and set top box. Furthermore, they should compare the services and price of set top box chipset with the others.
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The post [PDF] Set-Top Boxes Market Become Most Enhancing Technology in Near Future appeared first on Gatorledger.
The article discusses the growth and technological advancements in the global set-top boxes market.
The increasing demand for OTT platforms and innovative features in set-top boxes are key growth drivers.
Major players include Humax, Huawei, Samsung, and Amlogic.
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