India Set Top Box Market Size & Outlook, 2023-2030
India set top box market, 2018-2030 (US$M)
Related Markets
India set top box market highlights
- The India set top box market generated a revenue of USD 1,447.7 million in 2023 and is expected to reach USD 2,085.4 million by 2030.
- The India market is expected to grow at a CAGR of 5.4% 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 1,447.7 million |
| Market revenue in 2030 | USD 2,085.4 million |
| Growth rate | 5.4% (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, India accounted for 5.8% 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 |
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India 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 93.58% in 2023. Horizon Databook has segmented the India set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.
The set top box market in India is expected to grow at the highest CAGR of 5.8% over the forecast. Moreover, the growing disposable income in the region is expected to lead to high TV penetration, thereby increasing the demand for set top boxes.
In addition, the abundance of private direct-to-home service providers in India is anticipated to help grow the regional market as these service providers install a set top box per connection to offer their facility.
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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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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 India set top box market , including forecasts for subscribers. This country databook contains high-level insights into India set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India set top box market size, by content quality, 2018-2030 (US$M)
India Set Top Box Market Outlook Share, 2023 & 2030 (US$M)
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