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Home arrow Market Research Findings arrow Electronics and Electrical Goods arrow Double-digit Growth Forecast for Digital Set-Top Box Market
Double-digit Growth Forecast for Digital Set-Top Box Market PDF Print E-mail
Written by IMS Research   
25 Jul 2006
 
Double-digit Growth Forecast for Digital Set-Top Box Market - 26 July 2006
 
Austin, TX (July 6, 2006) – In a recently-published report entitled, “The Worldwide Market for Digital Set-top Boxes & iDTVs – 2006 Edition,” IMS Research estimates that approximately 96 million digital set-top boxes were shipped in 2005, and forecasts that worldwide shipments of digital set-top boxes will more than double over the next 5 years, surpassing 200 million units shipped in 2011.

The market for digital set-top boxes is headed towards strong growth as satellite, cable and terrestrial operators worldwide will focus on the mass digitalization and upgrades of their pay-TV platforms to promote the adoption of advanced service offerings such as VOD, HDTV and DVR.

Analyst Mark Meza of IMS Research says, “Basic digital set-top boxes will retain a majority share in the worldwide market for years to come. However, more pay-TV consumers are trending towards higher-end, advanced set-tops that will accommodate advanced services such as DVR and the growing number of HDTV channels becoming available on a variety of digital platforms.” In addition, multiple set-top box homes, and the growing popularity of home networking systems will both help fuel this sustained period of growth for digital set-tops.

A substantial amount of this growth will be driven by basic set-top boxes, thanks to rapid market uptake of digital terrestrial TV and free-to-air satellite. The success of these two platforms has spurred a number of new companies to enter the set-top box market.

It is also interesting to note that hybrid digital set-top boxes, typically a combination of satellite and IP or digital terrestrial and IP reception capabilities are becoming more prevalent. Due to the fast-rising popularity of both digital terrestrial and triple-play services within its populace, Europe led the market in 2005 with over 225,000 hybrid units shipped. The Americas have been slow to embrace hybrid set-tops, with an estimated 59,000 hybrid units shipped in 2005.

About IMS Research
 
 
IMS Research is a leading provider of market research, business intelligence and consulting services, primarily to the electronics industry. Our services span a diverse range of sectors including semiconductors, wireless, consumer, automotive, medical, power & energy, security, mechatronics and automation. Founded in the 1980s, IMS Research has established itself as a reliable and trusted source of market intelligence. Today we have 40 analysts spread across three locations: Austin/Texas, USA, London, UK, and Shanghai, China, enabling us to provide clients with comprehensive and detailed research on today’s global markets. Our customer list encompasses most of the household names in the electronics industry, including all top 10 semiconductor companies.
Last Updated ( 11 Sep 2006 )
 
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