North America Set Top Box Market Size & Outlook, 2023-2030
North America set top box market, 2018-2030 (US$M)
Related Markets
North America set top box market highlights
- The North America set top box market generated a revenue of USD 5,513.1 million in 2023.
- The market is expected to grow at a CAGR of 1.8% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 5,513.1 million |
| Market revenue in 2030 | USD 6,236.4 million |
| Growth rate | 1.8% (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, North America region accounted for 22.2% 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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North America 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 90.15% in 2023. Horizon Databook has segmented the North America set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.
The region’s dominance can be attributed to the growing popularity of video streaming services such as Netflix, Amazon Prime, Hulu, among others. The popularity of OTT platforms in the region is expected to drive the demand of set top boxes that support OTT and other internet-based entertainment.
Additionally, the growing demand for 4K resolution & above content in North America is anticipated to drive the demand for newer set top boxes that support high resolution processing and output.
Similarly, the popularity and abundance of 4K TV channels in North American countries is expected to add to the demand for the regional set top box market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America set top box market , including forecasts for subscribers. This continent databook contains high-level insights into North America set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America set top box market size, by country, 2018-2030 (US$M)
North America Set Top Box Market Outlook Share, 2023 & 2030 (US$M)
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