Press release
India Set-Top Box Market Size, Industry Share, Segmentation, Growth Analysis, and Forecast Report 2022-2027
According to the latest report by IMARC Group, titled "India Set-Top Box Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the Indian set-top box market is expected to exhibit a CAGR of 2.3% during 2022-2027. A set-top box (STB) refers to a device that allows a digital signal to be received, decoded, and displayed on a television. Satellite, cable, internet protocol (IP), over-the-top (OTT) and digital terrestrial television (DTT) are some common product variants. It consists of an audio interface, flash, a front panel, power supply, radio frequency (RF) modulator, random access memory (RAM), decoder, and video interface. It also includes a web browser, MPEG decoder chip, and an operating system to support video conferencing, home networking, video-on-demand, and internet protocol (IP) telephony. As compared to conventional analog systems, STB provides enhanced picture and sound quality, premium channels, and access to on-demand content, including movies, shows, and events.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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India Set-Top Box Market Trends:
The growing digitization of television networks and the rising utilization of Over the Top (OTT) media services are primarily driving the India STB market growth. An STB is widely used for seamless, high-quality video streaming and value-added services, such as channel pack subscriptions, HD channels, and interactive videos. In line with this, increasing advancements in digital broadcasting technologies and the rising demand for high definition (HD) channels and interactive videos are propelling the market growth. Apart from this, the integration of Bluetooth, the Internet of Things (IoT), artificial intelligence (AI), and virtual reality (VR) that assist in exploring and enhancing viewer experience are providing an impetus to the market growth. Additionally, the widespread product adoption as a popular entertainment medium, especially during the COVID-19 outbreak and the consequent implementation of mandatory lockdowns, is positively influencing the market growth. Other factors, including rising expenditure capacities of consumers, the proliferation of internet services, significant growth in the media and entertainment sectors, and the increasing adoption of high-quality and innovative home appliances, are anticipated to drive the market growth.
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India Set-Top Box Market 2022-2027 Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
• ARRIS International
• HUMAX Electronics
• DISH Network
• Roku
• Huawei Technologies Co.
• Technicolor
• Apple Inc.
• Google Inc
• Samsung Group
• EchoStar Corporation
• Skyworth Digital
Market Breakup by Type:
• Cable STB
• Satellite STB
• Digital Terrestrial Television (DTT) STB
• Internet Protocol (IP) STB
• Over-The-Top (OTT) STB
Market Breakup by Resolution:
• HD (High Definition)
• SD (Standard Definition)
• UHD (Ultra-High Definition)
Market Breakup by End User:
• Residential
• Commercial
• Others
Market Breakup by Service Type:
• Pay TV
• Free-to-Air
Market Breakup by Distribution:
• Online Distribution
• Offline Distribution
Market Breakup by Region:
• North India
• West and Central India
• South India
• East India
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Reports of IMARC Group:
• Europe 3D Mapping and Modeling Market: https://www.imarcgroup.com/europe-3d-mapping-modeling-market
• Europe Cardiac Holter Monitor Market: https://www.imarcgroup.com/europe-cardiac-holter-monitor-market
• Europe Electronic Toll Collection Market: https://www.imarcgroup.com/europe-electronic-toll-collection-market
• Europe Rechargeable Battery Market: https://www.imarcgroup.com/europe-rechargeable-battery-market
• Europe Human Machine Interface Market: https://www.imarcgroup.com/europe-human-machine-interface-market
Contact Us:
IMARC Group
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Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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