The Asia Pacific Set Top Box Market would witness market growth of 4.2% CAGR during the forecast period (2021-2027).
The market for IPTV set-top boxes is likely to grow. In comparison to traditional TVs and other alternatives, IPTV set-top boxes provide higher-quality video to users. These boxes come with a long list of additional features, including compatibility for HD and 4K resolutions. Astro, an all-Asian satellite television and radio operator, unveiled an IPTV box in July 2021, which provides worldwide and local content without the use of a satellite dish.
The term "full HD" refers to a display with a width of 1920 pixels and a height of 1080 pixels. A standard definition set-top box can generally only handle standard definition channels, whereas a high definition set-top box can display both standard and high definition channels. Another key point to remember is that HD transmissions have a 16:9 wide aspect ratio, whereas SD transmissions have a 4:3 aspect ratio, which leaves two black margins on modern wide TV screens.
The horizontal resolution of 1920 pixels equals "32 degrees" when converted into the horizontal field of vision (FOV), which is less than half of the maximum horizontal field of view, according to Full HD requirements. In comparison to UHD resolutions, this results in a slightly compressed image. As 1080-pixel monitors have inundated the market over the last five years, HD has become the new norm. HD STBs are a versatile addition to watching experiences due to the rising demand for reliable content and their ability to connect to monitors and TVs.
Over-the-top (OTT) video has reached critical mass in a number of regions, including Asia Pacific. The pandemic has accelerated current digital consumption tendencies, moving over-the-top (OTT) from a specialty to a mainstream offering. With a vibrant mix of local and international content, Asia Pacific already has a diversified ecosystem of local, regional, and global OTT providers offering a variety of subscription and ad-funded access models, with huge growth ahead as the ecosystem continues to change.
The Indian government, has made STBs mandatory in the country by amending the Cable Television Networks (Regulation) Act. Due to digital transmissions, set-top boxes provide a better viewing experience and aid in the prevention of illicit channels being aired in India. This has resulted in the explosion of the demand for set-top boxes in the region.
The China market dominated the Asia Pacific Set Top Box Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,257.6 Million by 2027. The Japan market is estimated to grow a CAGR of 3.6% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 4.9% during (2021 - 2027).
Based on Product, the market is segmented into Cable, Satellite, DTT, IPTV, and OTT. Based on Resolution, the market is segmented into HD & FHD, SD, 4K & Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Set Top Box Market is Projected to reach USD 28.7 Billion by 2027, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG CNS Co., Ltd., Advanced Digital Broadcast SA, Shenzhen Cozhou Electronics Co., Ltd., EchoStar Corporation, Kaonmedia Co., Ltd., Sagemcom Broadband SAS, Technicolor SA, CommScope Holding Company, Inc., Samsung Electronics Co., Ltd., and Huawei Technologies Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Cable
- Satellite
- DTT
- IPTV
- OTT
By Resolution
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- LG CNS Co., Ltd.
- Advanced Digital Broadcast SA
- Shenzhen Cozhou Electronics Co., Ltd.
- EchoStar Corporation
- Kaonmedia Co., Ltd.
- Sagemcom Broadband SAS
- Technicolor SA
- CommScope Holding Company, Inc.
- Samsung Electronics Co., Ltd.
- Huawei Technologies Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Set Top Box Market, by Product
1.4.2 Asia Pacific Set Top Box Market, by Resolution
1.4.3 Asia Pacific Set Top Box Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Set Top Box Market
Chapter 4. Asia Pacific Set Top Box Market by Product
4.1 Asia Pacific Cable Market by Country
4.2 Asia Pacific Satellite Market by Country
4.3 Asia Pacific DTT Market by Country
4.4 Asia Pacific IPTV Market by Country
4.5 Asia Pacific OTT Market by Country
Chapter 5. Asia Pacific Set Top Box Market by Resolution
5.1 Asia Pacific HD & FHD Market by Country
5.2 Asia Pacific SD Market by Country
5.3 Asia Pacific 4K & Others Market by Country
Chapter 6. Asia Pacific Set Top Box Market by Country
6.1 China Set Top Box Market
6.1.1 China Set Top Box Market by Product
6.1.2 China Set Top Box Market by Resolution
6.2 Japan Set Top Box Market
6.2.1 Japan Set Top Box Market by Product
6.2.2 Japan Set Top Box Market by Resolution
6.3 India Set Top Box Market
6.3.1 India Set Top Box Market by Product
6.3.2 India Set Top Box Market by Resolution
6.4 South Korea Set Top Box Market
6.4.1 South Korea Set Top Box Market by Product
6.4.2 South Korea Set Top Box Market by Resolution
6.5 Singapore Set Top Box Market
6.5.1 Singapore Set Top Box Market by Product
6.5.2 Singapore Set Top Box Market by Resolution
6.6 Malaysia Set Top Box Market
6.6.1 Malaysia Set Top Box Market by Product
6.6.2 Malaysia Set Top Box Market by Resolution
6.7 Rest of Asia Pacific Set Top Box Market
6.7.1 Rest of Asia Pacific Set Top Box Market by Product
6.7.2 Rest of Asia Pacific Set Top Box Market by Resolution
Chapter 7. Company Profiles
7.1 LG CNS Co., Ltd. (LG Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.2 Advanced Digital Broadcast SA
7.2.1 Company Overview
7.3 Shenzhen Cozhou Electronics Co., Ltd.
7.3.1 Company Overview
7.4 EchoStar Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Kaonmedia Co., Ltd.
7.5.1 Company Overview
7.6 Sagemcom Broadband SAS
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.7 Technicolor SA
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 CommScope Holding Company, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.9 Samsung Electronics Co., Ltd. (Samsung Group)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Set Top Box Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Set Top Box Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Cable Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Cable Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Satellite Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Satellite Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific DTT Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific DTT Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific IPTV Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific IPTV Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific OTT Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific OTT Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 17 Asia Pacific HD & FHD Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific HD & FHD Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific SD Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific SD Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific 4K & Others Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific 4K & Others Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Set Top Box Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Set Top Box Market by Country, 2021 - 2027, USD Million
TABLE 25 China Set Top Box Market, 2017 - 2020, USD Million
TABLE 26 China Set Top Box Market, 2021 - 2027, USD Million
TABLE 27 China Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 28 China Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 29 China Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 30 China Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 31 Japan Set Top Box Market, 2017 - 2020, USD Million
TABLE 32 Japan Set Top Box Market, 2021 - 2027, USD Million
TABLE 33 Japan Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 34 Japan Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 35 Japan Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 36 Japan Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 37 India Set Top Box Market, 2017 - 2020, USD Million
TABLE 38 India Set Top Box Market, 2021 - 2027, USD Million
TABLE 39 India Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 40 India Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 41 India Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 42 India Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 43 South Korea Set Top Box Market, 2017 - 2020, USD Million
TABLE 44 South Korea Set Top Box Market, 2021 - 2027, USD Million
TABLE 45 South Korea Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 46 South Korea Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 47 South Korea Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 48 South Korea Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 49 Singapore Set Top Box Market, 2017 - 2020, USD Million
TABLE 50 Singapore Set Top Box Market, 2021 - 2027, USD Million
TABLE 51 Singapore Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 52 Singapore Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 53 Singapore Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 54 Singapore Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 55 Malaysia Set Top Box Market, 2017 - 2020, USD Million
TABLE 56 Malaysia Set Top Box Market, 2021 - 2027, USD Million
TABLE 57 Malaysia Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 58 Malaysia Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 59 Malaysia Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 60 Malaysia Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Set Top Box Market, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Set Top Box Market, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Set Top Box Market by Product, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Set Top Box Market by Product, 2021 - 2027, USD Million
TABLE 65 Rest of Asia Pacific Set Top Box Market by Resolution, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific Set Top Box Market by Resolution, 2021 - 2027, USD Million
TABLE 67 Key Information – LG CNS Co., Ltd.
TABLE 68 Key Information – Advanced Digital Broadcast SA
TABLE 69 Key Information – Shenzhen Cozhou Electronics Co., Ltd.
TABLE 70 Key Information – EchoStar Corporation
TABLE 71 Key Information – Kaonmedia Co., Ltd.
TABLE 72 Key Information – Sagemcom Broadband SAS
TABLE 73 Key Information – Technicolor SA
TABLE 74 Key Information – CommScope Holding Company, Inc.
TABLE 75 Key Information –Samsung Electronics Co., Ltd.
TABLE 76 key information – Huawei Technologies Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.