Europe Set-Top Box Market Share, Size, Growth, Opportunity and Forecast 2022-2027

Europe Set-Top Box Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A2649

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Market Overview:

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.

Key Market Segmentation:

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:

Cable STB
Satellite STB
Digital Terrestrial Television (DTT) STB
Internet Protocol (IP) STB
Over-The-Top (OTT) STB

Breakup by Resolution:

HD (High Definition)
SD (Standard Definition)
UHD (Ultra-High Definition)

Breakup by End-User:

Residential
Commercial
Others

Breakup by Service Type:

Pay TV
Free-to-Air

Breakup by Distribution:

Online Distribution
Offline Distribution

Breakup by Country:

Germany
France
United Kingdom
Italy
Spain
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2021
Historical Period	2016-2021
Forecast Period	2022-2027
Units	US$ Billion
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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