Skip to main content

Digital Cable Set Top Box Revenue Bonanza

2006 was a very good year for cable set top box manufacturers. In fact, it was the best year ever, according to In-Stat research.

Last year, worldwide digital cable set top box unit shipments hit a record 27.5 million, a significant increase over the 15.6 million units shipped in 2005. In conjunction with the huge increase in unit shipments, digital cable set top box revenues also set a new annual record.

Worldwide product revenues last year reached $4.2 billion, up from $3.1 billion in 2005. So what exactly was behind last year's cable set top box bonanza? In a nutshell, there were three things:

- Demand for digital set top boxes in China skyrocketed.

- The shift from analog cable TV service to digital cable TV service, especially in North America and Europe, remained.

- Strong demand for high-end digital cable set top boxes, particularly PVR-enabled or HD-capable boxes, continued to boost unit shipments in North America.

The number one driver for last year's record unit shipments and revenues was the spike in demand by Chinese cable operators for digital cable set top box products. China, with its 107 million cable TV households, has historically been an analog market.

However, with Chinese cable operators rapidly rolling out digital video services in many metropolitan areas, demand for digital boxes is on the rise: Total Chinese digital cable set top box unit shipments exceeded 9 million last year, up from just over 2 million in 2005.

2007 is shaping up to be another good year for the cable set top box market. Even with the looming June 2007 integrated security ban in the U.S., In-Stat is forecasting another solid year for cable set top box manufacturers.

Popular posts from this blog

How Cloud Fuels Digital Business Transformation

Across the globe, many CEOs invested in initiatives to expand their digital offerings. User experience enhancements that are enabled by business technology were a priority in many industries. Worldwide end-user spending on public cloud services is forecast to grow 21.7 percent to a total of $597.3 billion in 2023 -- that's up from $491 billion in 2022, according to the latest market study by Gartner. Cloud computing is driving the next phase of digital transformation, as organizations pursue disruption through technologies like generative Artificial Intelligence (AI), Web3, and enterprise Metaverse. Public Cloud Computing Market Development "Hyperscale cloud providers are driving the cloud agenda," said Sid Nag, vice president at Gartner . Organizations view cloud computing as a highly strategic platform for digital transformation initiatives, which requires providers to offer new capabilities as the competition for digital business escalates. "For example, generativ

Mobile Device Market Still Awaiting Recovery

The mobile devices market has experienced three years of unpredictable demand. The global pandemic, geopolitical pressures, supply chain issues, and macroeconomic headwinds have hindered the sector's consistent growth potential. This extremely challenging environment has dramatically affected both demand and supply chains. It has led to subsequent inflationary pressures, leading to a worsening global cost of living crisis suppressing growth and confidence in the sector. In tandem, mobile device industry stakeholders have become more cautious triggering market uncertainties. Mobile Device Market Development Operating under such a backdrop, the development of mobile device ecosystems and vendor landscapes have been impacted severely. Many of these market pressures persisted throughout 2022 and now into 2023, borne chiefly by the smartphone market. According to the latest worldwide market study by ABI Research, worldwide smartphone shipments in 2022 declined 9.6 percent Year-over-Year

Digital Talent Demand Exceeds Supply in Asia-Pac

Even the savviest CEO's desire for a digital transformation advantage has to face the global market reality -- there simply isn't enough skilled and experienced talent available to meet demand. According to the latest market study by IDC, around 60-80 percent of Asia-Pacific (AP) organizations find it "difficult" or "extremely difficult" to fill many IT roles -- including cybersecurity, software development, and data insight professionals. Major consequences of the skills shortage are increased workload on remaining digital business and IT employees, increased security risks, and loss of "hard-to-replace" critical transformation knowledge. Digital Business Talent Market Development Although big tech companies' layoffs are making headlines, they are not representative of the overall global marketplace. Ongoing difficulty to fill key practitioner vacancies is still among the top issues faced by leaders across industries. "Skills are difficul