Market revenue in 2023 | USD 4,641.0 million |
Market revenue in 2030 | USD 5,116.4 million |
Growth rate | 1.4% (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 |
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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 90.28% in 2023. Horizon Databook has segmented the U.S. set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. recorded the highest market share of 84.5%. The regional dominance can be attributed to the popularity of digital terrestrial television (DTT) set top boxes after the DTT technology began replacing the old analogue TV service.
Moreover, the trend of OTT content consumption in the U.S. is expected to further add to the segment demand. As OTT platforms are adding large numbers of new subscribers every year, it is anticipated that set top box providers will integrate OTT applications within their offerings to attract new customers.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. set top box market , including forecasts for subscribers. This country databook contains high-level insights into U.S. set top box market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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