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Set-Top Box Market Size Set to Surpass USD 31.08 Billion by 2031, with CAGR of 3.1%, Rising Demand for High-Definition (HD) and Ultra-High-Definition (UHD) Content Propels
Set-Top Box Market Size Set to Surpass USD 31.08 Billion by 2031, with CAGR of 3.1%, Rising Demand for High-Definition (HD) and Ultra-High-Definition (UHD) Content Propels

Yahoo

time01-07-2025

  • Business
  • Yahoo

Set-Top Box Market Size Set to Surpass USD 31.08 Billion by 2031, with CAGR of 3.1%, Rising Demand for High-Definition (HD) and Ultra-High-Definition (UHD) Content Propels

NEW YORK, July 1, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the Set Top Box Market is observing significant growth owing to growing demand for high-definition (HD) and ultra-high-definition (UHD) content and increasing adoption of smart TVs. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Set Top Box Market comprises a vast array of product types and content quality, which are expected to register strength during the forecast period. To explore the valuable insights in the Set Top Box Market report, you can easily download a sample PDF of the report - Overview of Report Findings Market Growth: The Set Top Box Market was valued at US$ 25.33 billion in 2024 and is projected to reach US$ 31.08 billion by 2031; it is expected to register a CAGR of 3.1% during the forecast period. Demand for High-Definition (HD) and Ultra-High-Definition (UHD) Content: Consumers are increasingly seeking superior picture quality and more immersive viewing experiences. This influences service providers to upgrade their infrastructure to accommodate HD and 4K content delivery. This transition drives the need for advanced set-top boxes capable of decoding and streaming high-resolution formats. Furthermore, the increasing adoption of UHD televisions is further fueling the demand for compatible set-top boxes, ensuring smooth content delivery. This trend is boosting sales in both residential and commercial sectors. The UHD production across southeast Asia is growing. As of November 2024, Southeast Asia's broadcasting industry is undergoing a major transformation, marked by a sharp rise in demand for Ultra High Definition (UHD) content. This shift is fueled by viewers' growing preference for high-quality, cinematic viewing experiences. FOR-A is playing a leading role in this evolution by delivering cutting-edge solutions that address the industry's changing needs and expectations. Moreover, in May 2022, South Korea's SK Telecom (SKT) successfully delivered Ultra High Definition (UHD) broadcast content to viewers in Seoul through the deployment of its 5G network integrated with a multi-access edge computing (MEC) platform, demonstrating advanced capabilities in next-generation content delivery. Rising Demand for Over-the-Top (OTT) Streaming Services: Over-the-top (OTT) streaming has emerged as a major disruptor in the entertainment industry, fundamentally transforming global media consumption habits. According to the Dacast, in March 2025, the OTT industry continues to grow; 24.6 million US households have already disconnected their traditional TV service. This trend is projected to accelerate, with an estimated 49.6 million US households expected to make the switch by the end of 2025. Moreover, in December 2024, Gemius, a prominent provider of cross-media solutions, enhanced its research efforts in the German market through the launch of connected TV measurement. This advanced panel-based solution currently features YouTube streaming and is set to incorporate Netflix and other over-the-top (OTT) platforms in the near future. Technological Advancements: Advancements in set-top box technology include integrated streaming services, support for 4K and HDR content, improved performance through faster processors and expanded storage capacity, as well as the use of AI and machine learning to enable voice assistants and personalized content recommendations. Additionally, enhanced IoT connectivity and robust content security features are being incorporated to meet the evolving demands of consumers and industries. For Detailed Set Top Box Market Insights, Visit: Market Segmentation Based on product type, the Set Top Box Market is segmented into IPTV, satellite, cable, and others. The IPTV segment dominated the market in 2024. Based on content quality, the Set Top Box Market is segmented into standard-definition (SD), high-definition, and 4K. The high-definition segment dominated the market in 2024. Competitive Strategy and Development Key Players: A few major companies operating in the Set Top Box Market include Advanced Digital Broadcast SA, CommScope Holding Co Inc, Huawei Technologies Co Ltd, Humax Co Ltd, Kaonmedia Co., Ltd., SagemCom UK Ltd., Shenzhen Skyworth Digital Technology Co. Ltd, EchoStar Corporation (DISH Network L.L.C.), Vantiva, Shenzhen Coship Electronics Co Ltd, and Apple Inc. Trending Topics: Broadband Market, Home Broadband Wi-Fi Devices Market, Cable Television Networks Market, among others Stay Updated on The Latest Set Top Box Market Trends: Global Headlines on Set Top Box Market Vantiva announced that it has sold 22 million set-top boxes (STBs) powered by Android TV to date, strengthening its 25% market share as of the end of 2023 according to the latest Omdia STB 3Q23 report. CommScope partnered with Telenor Sverige AB to provide to customers in Sweden with the VIP5702W set-top box powered by Android TV. EchoStar Corporation announced the completion of its acquisition of DISH Network Corporation. Purchase Premium Copy of Global Set Top Box Market Size and Growth Report (2021-2031) at: Conclusion CommScope Holding Co. Inc, Huawei Technologies Co Ltd, Kaonmedia Co., Ltd., Sagemcom UK Ltd., and Shenzhen Skyworth Digital Technology Co. Ltd are key players in the set-top box market. These companies offer a diverse range of products, with a strong global presence that creates significant opportunities to reach a broad customer base and expand market share. They are also focused on advancing technology platforms to meet customer needs. In June 2022, CommScope Holding Co. Inc. entered into a partnership with Telenor Sverige AB, launching the VIP5702W set-top box powered by Android TV for consumers in Sweden. In addition, the demand for set-top boxes is fueled by the rising streaming services, increasing demand for HD/4K content, the growing trend of cord-cutting, bundled service offerings, and the burgeoning adoption of improved user experience features. Furthermore, the expansion of rural internet access and a growing preference for a wider range of content options are driving market growth. The adoption of set-top boxes is growing across Europe, owing to increasing consumer demand for streaming services and growing broadband infrastructure, as well as the ongoing transition from traditional television to IPTV and OTT platforms. These solutions provide cost-effective smart TV functionality, access to region-specific content, and smooth integration with connected home devices. Moreover, several market players across the country are offering set-top boxes for home entertainment. For example, in May 2024, Orange France is transforming the home entertainment landscape in France with the launch of its newest set-top box, the STB 6, developed in collaboration with SoftAtHome. This innovative device introduces voice control capabilities, representing a major advancement toward more engaging and interactive user experiences. The report from The Insight Partners, therefore, provides several stakeholders—including solution providers, system integrators, and end users —with valuable insights to successfully navigate this evolving market landscape and unlock new opportunities. Trending Related Reports: About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit MathurE-mail: +1-646-491-9876Home - Logo: View original content: SOURCE The Insight Partners

FOR-A showcases next-generation broadcast solutions at CABSAT
FOR-A showcases next-generation broadcast solutions at CABSAT

Broadcast Pro

time13-05-2025

  • Business
  • Broadcast Pro

FOR-A showcases next-generation broadcast solutions at CABSAT

The company will highlight four key technologies, all making their CABSAT debut, that are transforming broadcast workflows across the Middle East, Africa and beyond. FOR-A is set to showcase its latest lineup of next-generation broadcast technologies at CABSAT 2025, taking place from May 13 to 15 at the Dubai World Trade Centre (Stand AR-G10). Under the theme 'Connecting the present, Building the future,' the company will demonstrate how its cutting-edge solutions are bridging current production needs with the evolving demands of tomorrow's broadcast environments. Among the highlights of FOR-A's exhibit will be four groundbreaking technologies making their regional debut. Leading the lineup is FOR-A IMPULSE (Integrated Media Platform with UnLimited StructurE), which recently earned the Best of Show Award at NAB 2025. This software-defined live production platform merges essential broadcast functions—such as switchers, signal processors, multi-viewers, graphic generators, audio mixers, and media players—into a single, cohesive software solution. Its intuitive graph editor allows operators to create tailored production pipelines on the fly, eliminating the need for dedicated hardware and enabling unmatched workflow flexibility. Another showstopper will be the HANABI HVS-Q12, FOR-A's flagship production switcher, which represents a major leap forward in compact and scalable switcher technology. Housed in a space-saving 4RU chassis, the HVS-Q12 is designed for both 3G and 12G operations, allowing broadcasters to transition seamlessly to 4K/UHD workflows. The unit supports up to 60 inputs and 32 outputs in 3G mode, and up to 42 inputs and 23 outputs in 12G mode. It also features dual HDMI outputs and offers compatibility with IP standards such as Dante and NDI, enhancing its integration potential across diverse production environments. Also making its regional debut is the FOR-A MixBoard, developed in partnership with ClassX. Following its initial launch at IBC 2024—where it won the TVBEurope Best of Show award—and a subsequent Best of Show Award at NAB 2025, the software-based switcher continues to impress. With unlimited layering capabilities, the MixBoard allows seamless operation across SDI, NDI, SMPTE ST 2110, media files, and live streams. Available in 8-input and 16-input configurations, it offers advanced features through an intuitive interface, giving producers creative freedom in live production scenarios. Rounding out the showcase is FOR-A's AI-powered assistant, codenamed AiDi, which will be introduced to the region for the first time. Designed to run offline on a single PC, AiDi delivers real-time video processing with ultra-low latency. Drawing on over five decades of archived content, AiDi supports a range of intelligent features including automated subtitle translation, audio analysis, live video monitoring, face and object recognition, synthetic graphics generation, and player tracking for sports broadcasts—bringing new levels of automation and insight to modern production workflows. 'The broadcast landscape in the Middle East and Africa continues to evolve rapidly with major sporting events, cultural celebrations, and government initiatives driving demand for higher quality content and more flexible delivery options,' said Mohammed Abu Ziyadeh, FOR-A Regional Manager for the Middle East and Africa. 'Our solutions bridge traditional workflows with next-generation technologies, allowing broadcasters to evolve at their own pace, whether maintaining SDI infrastructures, exploring hybrid workflows, or fully embracing IP and software-defined production.' Stand AR-G10

FOR-A to introduce software-defined live production platform at NAB
FOR-A to introduce software-defined live production platform at NAB

Broadcast Pro

time25-03-2025

  • Business
  • Broadcast Pro

FOR-A to introduce software-defined live production platform at NAB

FOR-A will also hold a technology sneak preview just before the start of NAB, 'FOR-A Connect,' on Saturday, April 5. In response to the growing demand for cost-effective and flexible live video production, FOR-A is set to introduce its next-generation platform, FOR-A IMPULSE, at the NAB Show 2025 in April. This solution consolidates multiple production functions into a single host machine, eliminating the need for dedicated devices while maintaining high-quality video production. FOR-A America will showcase the new platform at Booth N707 during the event, which takes place from April 6-9 in Las Vegas. FOR-A IMPULSE (Integrated Media Platform with UnLimited StructurE) integrates essential production functions such as signal processing, multi-viewing, switching, graphics, audio mixing and media playback into software-based nodes. Operators can intuitively connect these nodes using the system's graph editor, allowing for flexible and easily reconfigurable production pipelines. Satoshi Kanemura, President, FOR-A America, said: 'By creating an efficient and flexible production environment, FOR-A IMPULSE will have a major impact on live production workflows. Until recently, live production has required purchasing large-scale, physical equipment and combining a variety of devices. We are introducing a fully software-based platform that's easy to change as you like depending on the application. 'As the amount of video production continues to skyrocket, there are several issues we wanted to address immediately: the shortage of technical talent, the efficient use of equipment resources, and streamlining workflows. Since our design philosophy is to create 'Software Defined' technology, we created a solution that includes all the functions needed for video production as software nodes, creating a 'Station in a Box' model.' By consolidating backup and maintenance functions, FOR-A IMPULSE minimises technical burdens and offers an intuitive interface, making it accessible even to users without advanced expertise. Its comprehensive support structure ensures smooth operation through license management and service assistance. Designed for remote and distributed production, FOR-A IMPULSE allows full control via a web browser, enabling operation from virtually any location. Additionally, hardware panels can be connected for enhanced flexibility, supporting collaboration across multiple locations. Beyond individual production environments, FOR-A IMPULSE integrates with the Hi-RDS hierarchical RDS solution, facilitating shared resource allocation across different production islands. This capability helps reduce equipment costs and increases productivity by dynamically assigning nodes to various projects based on scheduling needs. Offering deployment flexibility, FOR-A IMPULSE can operate on-premises, in data centres, or within public cloud environments, giving users strategic control over infrastructure and costs. Future cloud-based deployments will enable a scalable, cost-efficient approach, allowing users to start with lightweight instances and expand as needed. With no vendor lock-in, the platform supports multi-cloud environments, ensuring reliability and redundancy. FOR-A plans to continuously enhance the FOR-A IMPULSE lineup, introducing updates to the on-premise model along with the development of a new cloud-based solution. Additionally, FOR-A will host a technology preview event, FOR-A Connect, on April 5 at 3 PM in Room S232 of the South Hall, offering attendees an exclusive first look at the platform ahead of its NAB Show debut.

FOR-A to unveil HANABI HVS-Q12 switcher at NAB 2025
FOR-A to unveil HANABI HVS-Q12 switcher at NAB 2025

Broadcast Pro

time18-03-2025

  • Business
  • Broadcast Pro

FOR-A to unveil HANABI HVS-Q12 switcher at NAB 2025

FOR-A will also hold an NAB welcome reception, 'FOR-A Connect,' on Saturday, April 5th at 3pm in Room S232 in the South Hall. FOR-A is set to debut its latest innovation, the HANABI HVS-Q12 switcher, at the NAB Show 2025 in April, aligning with its theme, 'Connecting the Present, Building the Future.' Designed for broadcast control rooms and live event production, the 3G-SDI switcher can be upgraded to 12G-SDI, offering versatility in a compact 4RU design. The HVS-Q12 supports up to 60 inputs and 30 outputs in 3G mode and up to 42 inputs and 21 outputs in 12G, with expandable keyer options for enhanced production flexibility. It features an intuitive web GUI, IP interface compatibility with Dante and NDI, and seamless integration with existing HANABI Series models. Satoshi Kanemura, President of FOR-A America, said: 'The 'Q' in HVS-Q12 stands for quantum. The HVS-Q12 represents a quantum leap in design for the HANABI Series. With its feature set, ease of use, stability, cost- and space-efficient design, the HVS-Q12 is a true game changer for live event and broadcast TV producers. 'With the ease of its SDI to IP conversion, the HANABI Series connects today's high-end workflows to the future, while our software-based SOAR-A and FOR-A IMPULSE production platforms connect producers to a powerful future.' In addition to event memory, the HVS-Q12 includes functions from the HANABI Series such as sequences, macros, GPI for external control, user flags and user button functions. FOR-A's intuitive solutions offer a seamless migration path for all flavors of IP and feature full support for SMPTE ST 2110 standards. Stand #N707

FOR-A brings ‘Connecting the Present, Building the Future' theme to NAB
FOR-A brings ‘Connecting the Present, Building the Future' theme to NAB

Broadcast Pro

time18-03-2025

  • Business
  • Broadcast Pro

FOR-A brings ‘Connecting the Present, Building the Future' theme to NAB

The company leads the way with its new software-based production platform, 12G switcher, software-based switcher, advanced LED displays and cutting-edge cloud and AI technology. FOR-A is set to showcase a range of innovations at the upcoming NAB Show, reinforcing its commitment to the theme: 'Connecting the Present, Building the Future.' Among the highlights are a new software-based live video production platform, a software-driven video switcher, expanded Dante support and a cutting-edge 12G video switcher. Designed to facilitate a smooth transition to IP workflows, these solutions fully support SMPTE ST 2110 standards. Satoshi Kanemura, President of FOR-A Americas, said: 'A software-defined architecture is the perfect solution for a cost-effective migration from SDI to media-over-IP. Adding new functionality through software means the customer can configure the system to their needs, without additional hardware investment. It also means that hybrid production, using a variety of signal formats, can be accomplished easily.' Leading the company's product lineup is FOR-A IMPULSE, an advanced software-based production platform that consolidates functionalities from multiple FOR-A and third-party products into a single host machine. The platform offers essential production tools, including signal processing, multi-viewing, switching, graphics, audio mixing and media playback, all configured through an intuitive graph editor. Its adaptable software structure allows easy reconfiguration for specific production requirements and supports cloud-based hybrid operations. Another key debut at NAB is the HANABI HVS-Q12 switcher. Housed in a compact 4RU frame, it supports up to 60 inputs and 30 outputs at 3G and can be upgraded to 12G, offering up to 42 inputs and 21 outputs. Featuring an intuitive web-based GUI and NDI support, the switcher also introduces a DANTE I/O module, now available across the HANABI series, including the HVS-190S/190I and HVS-490 models. Originally introduced at IBC 2024, the FOR-A Mixboard is a fully software-based switcher built for modern broadcast and live production environments. It leverages a software-defined architecture for maximum reliability and flexibility, featuring an intuitive interface and two configurations—one supporting 16 inputs and another with 8 inputs. FOR-A America, the exclusive US partner of Spanish LED screen manufacturer Alfalite, will also present the latest display innovations at its NAB booth. Alfalite's new MATIX AlfaCOB (Chip-on-Board) and AlfaMIP (MicroLED-in-Package) technologies power the high-end Neopix and UHD Finepix LED panels, available in pixel pitches ranging from 1.5mm to 3.9HBmm. These premium panels are ideal for rental and virtual production applications. Additionally, FOR-A will introduce its AI-powered solution, AiDi+, designed to streamline workflows and enhance creativity. Developed through extensive analysis of over 50 years of archival data, AiDi+ aims to reduce production burdens while expanding creative possibilities. Kanemura added: 'We've been very busy developing solutions that provide the greatest creative flexibility for our customers. In response to extensive customer feedback, FOR-A is focused on creating highly customizable SDI- to IP-based solutions with the power and features to produce dynamic content at a very accessible price point.' Stand #N707

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