Conditional Access System Market: Rise In Adoption of Advanced Television Services Such As High Definition and Ultra-Hd Television Services

According to a new market report published by Transparency Market Research, the global conditional access system market was valued at US$ 2,694.9 Mn in 2016 and is expected to expand at a CAGR of 6.9% from 2018 to 2026 to reach US$ 5,381.2 Mn by the end of the forecast period. According to the report, North America was a significant contributor, in terms of revenue, to the conditional access systems market in 2016. With high adoption of advanced services such as high definition (HD) television, internet protocol television (IPTV), and others, North America is expected to maintain its dominant position in the market throughout the forecast period.

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Increase in penetration of digital television worldwide is a major factor expected to fuel the expansion of the conditional access system market across the globe. The conditional access systems market is primarily dominated by pay television (TV) subscribers, who account for more than 70% of the total market revenue. Conditional access systems are used to provide content security for digital television service providers and are located within receivers at consumers’ end. This makes digital television a prominent factor responsible for the expansion of the conditional access systems market. Thus, the demand for conditional access solutions is expected to rise substantially with an increase in penetration of digital television worldwide.

Furthermore, the transition from analog to digital television services is a significant factor boosting the penetration of digital television globally. With a transition to digital television across the globe, the demand for interoperable set-top boxes (iSTB) is expected to increase substantially in the coming years, thereby fueling the conditional access systems market.

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The global conditional access systems market is segmented based on solution, application, and geographic regions. Based on solution, the global conditional access systems market is classified into smartcard-based CAS and card-less CAS. In 2017, the smartcard-based CAS segment accounted for a significant market share, in terms of revenue, of the global conditional access systems market. Furthermore, among the television broadcasting services segments covered in the report, the conditional access module segment is expected to expand at a significant rate during the forecast period. The expansion of this segment is mainly driven by a rise in applications of conditional access systems in smart or advanced televisions across the world. Moreover, in-built conditional access systems in a set-top box are also expected to contribute to market expansion during the forecast period. The conditional access systems market is likely to expand at a rapid pace in the coming years due to rise in demand for digital television set-top boxes.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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This release was published on openPR.