No to be confused with the typical 'dumb' set-top box devices used by the legacy pay-TV sector, innovative new devices are being introduced into the global streaming video entertainment marketplace. Creative hardware design and imaginative software user experience enhancements will transform this product category. According to the latest market study by ABI Research, the smart set-top box and dongle market is expected to pass 18 million units in 2013 -- that's higher than originally forecast, due to the arrival of the Google Chromecast. Overall the market is expected to grow with a 10.8 percent CAGR (from 2013 to 2018) with less saturated and developing -- from a new product perspective -- markets like Asia-Pacific and Latin America helping drive this growth. "Despite stiff competition from a range of connected consumer electronics (CE) devices, the smart set-top box and dongle market offers an equally compelling user experience often at significantly lower price...
TMT Market Research Summaries and Analysis