Rick Vogelei, Marketing Manager
Phone: 480-483-4476; Email: rvogelei@in-stat.com
Multimedia Entertainment Equipment
Set Top Box Market Hits All Time High
SCOTTSDALE, Ariz., June 22, 2010 -
Global demand for digital set top boxes hit a new high in 2009, with worldwide set top box unit shipments increasing 11%, reports In-Stat (http://www.in-stat.com). Record demand for both satellite and terrestrial set top boxes fueled the market growth. Still, even after a record year, the market likely faces challenges in the future. “The set top box market will be solid for the next few years. However, there are some emerging threats that will test the market’s long-term viability,” says Mike Paxton, an analyst at In-Stat.
Foremost among these threats are:
- Over-the-top video products, like Apple TV or TiVo’s Premiere product, could permit consumers to “cut the cord” of their pay-TV service - Software platforms that enable consumer electronic devices to function like, or even replace, a set top box - Other consumer electronic devices, such as video game consoles and TV sets, can increasingly replicate the capabilities of a digital set top box
Recent research by In-Stat found the following:
Unit shipments in 2010 are projected to decrease slightly, returning to 2008 levels.
Hybrid set top boxes that integrate IP video with an existing broadcast platform will ship in significant numbers in 2011, particularly in Europe.
Sustained demand for advanced set top box products like HD-capable set top boxes and PVR-enabled products, coupled with the continuing analog-to-digital transition, will keep the set top box market vibrant through at least 2012.
Satellite set top boxes, the largest market segment, accounted for 48% of 2009 global set top box unit shipments.
Competition in the set top box market is increasing. In 2009, seventeen manufacturers shipped over one million units.
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This research is part of In-Stat’s Provides comprehensive analysis and forecasts of the worldwide market for multimedia-enabled consumer electronics devices, including set top boxes, digital TVs and personal video recorders.
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In-Stat’s market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems. Our insights are derived from a deep understanding of technology impacts, nearly 30 years of history in research and consulting, and direct relationships with leading players in each of our core markets. In-Stat provides its research through reports, annual subscriptions, consulting and advisory services to inform critical decisions. Technology vendors, equipment manufacturers, service providers and media companies worldwide rely on In-Stat to support critical business, product and technology decisions.
