Australia Set Top Box Market Size & Outlook, 2023-2030
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Australia set top box market highlights
- The Australia set top box market generated a revenue of USD 882.6 million in 2023 and is expected to reach USD 990.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 1.7% 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.
Set top box market data book summary
| Market revenue in 2023 | USD 882.6 million |
| Market revenue in 2030 | USD 990.9 million |
| Growth rate | 1.7% (CAGR from 2023 to 2030) |
| Largest segment | Hd & full hd |
| Fastest growing segment | 4K & Above |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 3.6% of the global set top box market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China set top box market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,085.4 million by 2030.
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Set Top Box Market Scope
Set Top Box Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sagemcom | View profile | 5001-10000 | Rueil-malmaison, Ile-de-France, France, Europe | http://www.sagemcom.com/ |
| Kaonmedia | View profile | 251-500 | Gyeongju, Kyongsang-bukto, South Korea, Asia | http://www.kaonmedia.com |
| Coship Electronics | View profile | 251-500 | Shenzhen, Guangdong, China, Asia | http://www.coship.com |
| LG CNS | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.lgcns.com |
| Vantiva | View profile | 5001-10000 | Paris, Ile-de-France, France, Europe | https://www.vantiva.com |
| CommScope Holding Co Inc | View profile | 20000 | 3642 E. US Highway 70, Claremont, NC, United States, 28610 | https://www.commscope.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| EchoStar Corp Class A | View profile | 15300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | https://www.echostar.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
Australia 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 91.48% in 2023. Horizon Databook has segmented the Australia set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.
Australia set top box market is expected to grow over the forecast period from 2023 to 2030. The growth can be attributed to the government initiatives such as ‘Digital TV switchover’ that helped in the transition from analogue television to digital broadcasting with the help of modern set top boxes.
Additionally, the trend of content consumption in higher resolution is expected to drive the demand for set top boxes that support 4K & above output resolution in the region.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia set top box market , including forecasts for subscribers. This country databook contains high-level insights into Australia set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia set top box market size, by content quality, 2018-2030 (US$M)
Australia Set Top Box Market Outlook Share, 2023 & 2030 (US$M)
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