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The India set-top box market is expected to exhibit a CAGR of 2.3% 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) is a device attached to a television (TV) to support digital broadcasting. It receives signals via a cable or telephone connection and converts them into visuals. It includes a RAM, web browser, MPEG decoder chip and an operating system, and supports video conferencing, home networking, video-on-demand and internet protocol (IP) telephony. Consequently, it is utilized in cable, satellite and over-the-air (OTA) television systems in India.
The increasing digitization of cable TV networks, along with advancements in digital broadcasting technologies, represents one of the key factors bolstering the market growth in India. Apart from this, rapid urbanization, inflating disposable incomes and improving living standards of individuals are increasing the adoption of direct-to-home (DTH) services and smart TVs, which, in turn, is stimulating the market growth. Furthermore, the growing popularity of on-demand entertainment services, including movies, music, videos and games, along with the rising utilization of Over the Top (OTT) media services, is another factor contributing to the market growth. Moreover, the leading players are offering product variants with varying storage options that allow access to online video streaming platforms and social media. Besides this, the escalating demand for media and entertainment services due to the outbreak of the coronavirus disease (COVID-19) and the consequently increasing time spent indoors is positively influencing the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the India set-top box market, along with forecasts at the country and regional 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 Region:
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, Region|
|Region Covered||North India, West and Central India, South India, East India|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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Corporate License: US$ 4499
|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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