Skip to main content

Demand in the Digital Set-Top Box Market

In the consumer electronics sector, the digital set-top box market has been one of the fastest growing market segments over the past decade, and 2007 was no exception, according to the latest market study by In-Stat.

Strong demand from Free-to-Air satellite service, coupled with the expanding availability of digital cable TV and IPTV services, fueled a record-setting number of digital set top box unit shipments.

The related In-Stat research covers the worldwide market for digital set top boxes. This report provides a mid-year overview of the global digital set top box market.

It discusses why digital set top boxes are important, addresses key trends shaping current product development, and examines the growth potential of all four digital set top box markets -- cable, terrestrial, satellite or DTH, and IPTV.

In-Stat's market study found the following:

- Worldwide digital set top box unit shipments reached 143 million in 2007, up sharply from 121 million in 2006.

- Satellite set top box unit shipments accounted for just over 50 percent of all global digital set top box unit shipments last year, while digital cable set top boxes made up 29 percent of total unit shipments.

- Worldwide digital set top box product revenues hit $14 billion in 2007, an increase of $3 billion over 2006 revenues.

- The market for semiconductor components inside digital set top boxes also grew significantly last year. The total value of semiconductors embedded in digital set top boxes increased to $7.7 billion in 2007.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without