Report: Connected set-top market expected to reach 125.6 million units in 2017

The global market for connectable set-top boxes (STBs) is expected to surge by 91 percent from 2012 through 2017, driven by a number of factors including the adoption of multimedia home gateways (MHGs), so a report from global information company IHS.

Worldwide shipments of connectable STBs are forecast to rise to 125.6 million units in 2017, up from 65.8 million in 2012, according to the latest “Set-Top Box Market Monitor” report from IHS. A total of 45 percent of all STBs shipped in 2017 will be connectable, up from 26 percent in 2012, so the report.

Further, the report predicts that MHGs and thin clients for cable systems will represent a major growth driver for connectable STBs. These devices will account for 25 percent of connectable box shipments between 2013 and 2017.

In 2013, IPTV pay-TV operators will account for the largest share of the connectable STB market, with 39 percent of shipments. However, the report claims that the coming years will see a rapid increase in shipments of cable HD STBs by Chinese operators and MHG migration throughout the rest of the world. Because of this, the analysts at IHS predict, cable will be the major driver of growth in connectable STB, with shipments rising at a rate of about 25.4 percent a year to reach 45.8 million shipments in 2017.

“Consumers increasingly are demanding connectivity from their electronics devices, and STBs are playing a central role in the networking of products,” said Daniel Simmons, senior principal STB analyst at IHS. “Connected STBs perform all kinds of useful functions, including distributing digital video recorder (DVR) streams to televisions in multiple rooms, as well as delivering video on demand (VoD) and web content to various platforms. Furthermore, MHGs and their associated thin clients, which also employ connectivity, are being used by pay-TV operators to provide advanced services and content to all kinds of IP-connectable devices, including mobile products like smartphones and media tablets.”

DTG Staff  |  22.10.2013

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