Asia Pacific Set Top Box Market Size & Outlook, 2023-2030
Asia Pacific set top box market, 2018-2030 (US$M)
Related Markets
Asia Pacific set top box market highlights
- The Asia Pacific set top box market generated a revenue of USD 10,957.5 million in 2023.
- The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, hd & full hd was the largest revenue generating content quality in 2023.
- 4K & Above is the most lucrative content quality segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 10,957.5 million |
| Market revenue in 2030 | USD 13,793.7 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Hd & full hd |
| Fastest growing segment | 4K & Above |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HD & Full HD, 4K & Above |
| Key market players worldwide | CommScope Holding Co Inc, EchoStar Corp Class A, Huawei Technologies, Samsung Electronics Co Ltd, LG CNS, Coship Electronics, Kaonmedia, Sagemcom, Vantiva |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 44.2% of the global set top box market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 3,076.2 million by 2030.
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Set Top Box Market Scope
Set Top Box Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific set top box market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to set top box market will help companies and investors design strategic landscapes.
Hd & full hd was the largest segment with a revenue share of 92.64% in 2023. Horizon Databook has segmented the Asia Pacific set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific region is expected to grow at a significant CAGR of 3.3%. The regional growth can be attributed to the rising consumption of media and entertainment content, especially among the middleclass population in the region.
Rising consumer demand for technologically advanced solutions providing high quality, functionality, and affordable pricing is creating lucrative opportunities for the industry.
As a result, several prominent players, including Kaonmedia Co., Ltd. and Huawei Technologies Co., Ltd., are integrating the latest technologies into their products.
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Target buyers of Asia Pacific set top box market databook
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Our clientele includes a mix of set top box market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific set top box market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific set top box market size, by country, 2018-2030 (US$M)
Asia Pacific Set Top Box Market Outlook Share, 2023 & 2030 (US$M)
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