4K Set Top Box Market Scope
A set-top box (STB) is an information appliance device that generally which permits a radio frequency digital signal to be received and displays output to a television set and an external source of signal, turning the source signal into gratified form and then displayed on the television screen or other display device. 4K Set- Top Box have two-way communication, which permits various interactive features such as joining internet access and adding premium channels directly from the device.
Set-Top-Box manufacturers are concentrating on enhancing the functions of STBs to rise their market shares and remain highly competitive in the market. The introduction of motion sensors in STBs is one of the recent technological advancements in the global set-top-boxes market. STB chips which offer Bluetooth connectivity and enables the connection of an STB to a signal recognition-based remote control. Research Analyst at AMA estimates that Chinese and United States Vendors will contribute to the maximum growth of Global 4K Set Top Box market throughout the predicted period.
Infomir LLC. (United States), Roku Inc. (United States), Sagemcom (France), Arion Technology (South Korea), Humax Electronics Co Ltd (United Kingdom), Technicolor SA (France), Zinwell Corporation (Taiwan), Netgem (France), Skyworth Digital (China), Huawei (China) and Broadcom (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Arris (United States), Inspur Electronic Information Industry Co., Ltd. (China) and Vestel Company (Turkey).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global 4K Set Top Box market by Type (Satellite, Hybrid, Cable and Internet Protocol (IP)), by Application (Residential and Commercial) and Region with country level break-up.
On the basis of geography, the market of 4K Set Top Box has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
July 11, 2018: Broadcom has acquired CA to build one of the world's leading infrastructure technology companies. This combination aligns the expertise in software with Broadcom's leadership in the semiconductor industry.
March 5, 2019: Roku, Inc. announced that Roku devices are now compatible with Amazon Alexa-enabled devices through the new Roku skill for Alexa.
Market Trend
- Growing Penetration of 3D and 4K Tv's
- Recent Technological Developments of 4K Set-top Box
Market Drivers
- Increasing Demand for Media-Rich Home Entertainment Services
- Rising Availability of UHD channels
Opportunities
- Advancement of Technology
- Increasing Demand for STBs with integrated motion sensors in Developed and Developing Nations
Restraints
- Lack of High Speed Internet
- Less Availability Data Storage Infrastructure
Challenges
- Increasing Popularity of Free Online Video Streaming Sites
Key Target Audience
Manufacturers of Set-Top Box, Suppliers of Set-Top Box, Wholesalers, Distributers and Retailers of Set-Top Box and Governmental Bodies