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

The set top box market in Canada is expected to reach a projected revenue of US$ 1,119.9 million by 2030. A compound annual growth rate of 3.6% is expected of Canada set top box market from 2024 to 2030.
Revenue, 2023 (US$M)
$872.2
Forecast, 2030 (US$M)
$1,119.9
CAGR, 2024 - 2030
3.6%
Report Coverage
Canada

Canada set top box market highlights

  • The Canada set top box market generated a revenue of USD 872.2 million in 2023 and is expected to reach USD 1,119.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 3.6% 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 872.2 million
Market revenue in 2030USD 1,119.9 million
Growth rate3.6% (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, Canada accounted for 3.5% 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 North America, U.S. set top box market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,119.9 million by 2030.

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Set Top Box Market Companies

Name Profile # Employees HQ Website

Canada 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 89.46% in 2023. Horizon Databook has segmented the Canada set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.


Canada is anticipated to be the fastest growing country in North America with a CAGR of 3.6% over the forecast period. The growth can be attributed to the demand for Android set top boxes as they support application download.

Android set-top boxes attract users who require regular TV channels as well as internet-based applications and video streaming platforms for content consumption. 

Similarly, the trend of e-commerce and online shopping in Canada is anticipated to attract new customers to purchase set top boxes conveniently and get it delivered to their homes.

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Target buyers of Canada 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.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada set top box market , including forecasts for subscribers. This country databook contains high-level insights into Canada set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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