Saudi Arabia Set Top Box Market Size & Outlook, 2023-2030
Saudi Arabia set top box market, 2018-2030 (US$M)
Related Markets
Saudi Arabia set top box market highlights
- The Saudi Arabia set top box market generated a revenue of USD 233.2 million in 2023 and is expected to reach USD 290.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.2% 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 233.2 million |
| Market revenue in 2030 | USD 290.1 million |
| Growth rate | 3.2% (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, Saudi Arabia 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 Middle East & Africa, Egypt set top box market is projected to lead the regional market in terms of revenue in 2030.
- Nigeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 219.2 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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Saudi Arabia 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 Saudi Arabia set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia set top box market is expected to grow at a significant CAGR over the forecast period. The region’s trend of luxury lifestyle is expected to increase demand for feature rich and highresolution video output set top boxes that are compatible with high end TV and audio sets.
In addition, high-speed internet penetration in Saudi Arabia is expected to drive the demand for OTT and IPTV based set top boxes as users are able to stream content without any interruption or lag.
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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 Saudi Arabia set top box market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia set top box market size, by content quality, 2018-2030 (US$M)
Saudi Arabia Set Top Box Market Outlook Share, 2023 & 2030 (US$M)
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