Benelux Set Top Box Market Size & Outlook, 2023-2030

The set top box market in Benelux is expected to reach a projected revenue of US$ 264.0 million by 2030. A compound annual growth rate of 2.9% is expected of Benelux set top box market from 2024 to 2030.
Revenue, 2023 (US$M)
$215.6
Forecast, 2030 (US$M)
$264.0
CAGR, 2024 - 2030
2.9%
Report Coverage
Benelux

Benelux set top box market highlights

  • The Benelux set top box market generated a revenue of USD 215.6 million in 2023 and is expected to reach USD 264.0 million by 2030.
  • The Benelux market is expected to grow at a CAGR of 2.9% 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 2023USD 215.6 million
Market revenue in 2030USD 264.0 million
Growth rate2.9% (CAGR from 2023 to 2030)
Largest segmentHd & full hd
Fastest growing segment4K & Above
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHD & Full HD, 4K & Above
Key market players worldwideCommScope 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, Benelux accounted for 0.9% 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 Europe, UK set top box market is projected to lead the regional market in terms of revenue in 2030.
  • Russia is the fastest growing regional market in Europe and is projected to reach USD 664.1 million by 2030.

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Set Top Box Market Scope

Set top box market segmentation & scope

Set Top Box Market Companies

Name Profile # Employees HQ Website

Benelux 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 93.78% in 2023. Horizon Databook has segmented the Benelux set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.


The Benelux region includes Belgium, Netherlands, and Luxembourg where in the market strength is attributed to the trend of 4K & above content quality consumption. 

Set top manufacturers have identified this trend and started introducing newer set top boxes that support 4K & above output resolution. Similarly, the inclination of customers to use online shopping channels is further anticipated to drive the regional growth.

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Target buyers of Benelux set top box market databook

  • Our clientele includes a mix of set top box market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Benelux set top box market , including forecasts for subscribers. This country databook contains high-level insights into Benelux set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Benelux set top box market size, by content quality, 2018-2030 (US$M)

Benelux Set Top Box Market Outlook Share, 2023 & 2030 (US$M)

Benelux set top box market size, by content quality, 2018-2030 (US$M)

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