United States Set-Top Box Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Set-Top Box Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The United States set-top box market is currently witnessing steady growth. A set-top box (STB) is an electronic, hardware device that receives and decodes digital signals from digital television (DTV) broadcasts and displays them on the television. It comprises a RAM, web browser, MPEG decoder chip and an operating system, which assists in accessing files, programs, interfaces and services. It performs complex functions, such as video conferencing, home networking, video-on-demand and internet protocol (IP) telephony. It also aids in accessing the Internet and adding premium channels directly from the device. Consequently, it is extensively used in cable, satellite and over-the-air (OTA) television systems in the United States.

The increasing popularity of digital video recording, in confluence with advanced satellite networks and high disposable incomes of individuals, represents one of the significant factors impelling the market growth. Apart from this, the incorporation of interactive features in STB systems, such as motion sensors, Bluetooth connectivity, Internet of Things (IoT), gaming platforms, virtual reality and artificial intelligence (AI), are further contributing to the market growth. Moreover, the spread of the coronavirus disease (COVID-19), along with the growing emphasis on social distancing norms by the Government, has increased the adoption of e-learning across the country. This, in turn, is creating a positive influence on the market growth. Looking forward, IMARC Group expects the market to exhibit stable growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States set-top box market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, type, resolution, end-user, service type and distribution.

Market Breakup by Type:

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

Market Breakup by Resolution:

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

Market Breakup by End-User:

Residential
Commercial
Others

Market Breakup by Service Type:

Pay TV
Free-to-Air

Market Breakup by Distribution:

Online Distribution
Offline Distribution

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

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

Key Questions Answered in This Report:

How has the United States set-top box market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United States set-top box market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the resolution?
What is the breakup of the market based on the end user?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the distribution?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the United States set-top box market and who are the key players?
What is the degree of competition in the industry?