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The Europe set-top box market size reached US$ 4.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2027, exhibiting a growth rate (CAGR) of 1.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A set-top box (STB) aids in connecting a television (TV) to an external signal source and converting analog and digital signals into visuals. It also helps in receiving unencrypted subscribed channels through an addressable system and viewing them as encrypted channels. Additionally, it stores video, enhances sound quality and provides HD pictures. STB also supports video conferencing, home networking, video-on-demand and internet protocol (IP) telephony services. Consequently, it is used to receive digital television broadcasts from cable, satellite and over-the-air (OTA) transmitters in different parts of Europe.
Advancements in digital broadcasting technologies, in confluence with the rising adoption of internet and broadband services and the escalating demand for on-demand video services and HD channels, represent one of the key factors impelling the market growth. Moreover, the increasing demand for next-generation STBs is contributing to market growth. These devices enable multi-room TV networks and portable media players sharing. Furthermore, the key market players are offering hybrid boxes with IP-based Over-The-Top (OTT) services, which is also propelling the market growth. Besides this, the burgeoning media and entertainment (M&E) industry, on account of the coronavirus disease (COVID-19) outbreak and lockdowns imposed by governments of various countries, is anticipated to positively influence the market growth in the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe set-top box market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type, resolution, end-user, service type and distribution.
Breakup by Type:
Breakup by Resolution:
Breakup by End-User:
Breakup by Service Type:
Breakup by Distribution:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Resolution, End-User, Service Type, Distribution, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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