Know the market trends of HD set-top boxes in the world market
The global HD set-top box market is expected to develop at a significant rate throughout the forecast period, as the need for more entertainment options has increased dramatically in recent years around the world. With the surge in television viewership in many regions, the number of Direct-to-Home (DTH) subscribers has been on the rise in recent years and is likely to continue to rise in the future.
What is the market reaction in the Asia Pacific?
By 2027, it is estimated to be worth more than $9 billion. During the early phases of the COVID-19 epidemic, the regional industry was only mildly impacted. Many regional governments have imposed tight restrictions on the movement of commodities and people between locations. To stop the virus from spreading, all modes of transportation, including planes and trains, were shut down. These factors disrupted the market's supply chain networks, causing numerous delays in the production of electronic components such as set-top boxes and their distribution to commercial and residential consumers.
What makes an HD set-top box so popular around the world?
1. High demand for entertainment: The most common types of set-top box systems used by end-users are cable, satellite, hybrid, and IPTV/OTT. Because of the increased demand for virtual entertainment mediums on television sets, hybrid set-top boxes will see substantial growth in the APAC region in the future years. Users can watch online videos as well as cable-based programs with this type of set-top box, which supports both broadcasting and IP-based video functions. D2H, which is owned by Dish TV, launched a hybrid set-top box in March 2020 in conjunction with Google's Android TV. This technology will be able to give the user both OTT and DTH connections.
2. Multiple advantages: Users will be able to view various types of information and channels from their homes or any location with a good Wi-Fi or internet connection. It comprises two set-top boxes with video-on-demand, voice search, and a seamless television viewing experience, as well as two set-top boxes that may be used for personal video recording.
3. Plethora of entertainment channels: The presence of entertainment behemoths such as Netflix, Amazon, Disney+Hotstar, and BBC iPlayer will propel the set-top box market in Europe forward. For amusement, an increasing number of individuals are turning to these video streaming leaders. DTH providers are improving their set-top box systems to include advanced capabilities such as OTT access, high-resolution visuals, digital video recording, storage options, and improved sound quality. Because they offer in-built streaming services from the above-mentioned video streaming service providers, Android set-top boxes are gaining popularity among European clients.
4. Great Resolution: These systems give users a high-definition view. They can assist viewers in accessing a wide range of standard and high-definition digital programs at a low cost. These set-top boxes have a variety of technological innovations, including digital video recording, more than 100 hours of viewing memory, a personalized menu, parental settings, and powerful search functions. All of these capabilities will increase regional demand for satellite set-top boxes.
What is the market reaction in the Asia Pacific?
By 2027, it is estimated to be worth more than $9 billion. During the early phases of the COVID-19 epidemic, the regional industry was only mildly impacted. Many regional governments have imposed tight restrictions on the movement of commodities and people between locations. To stop the virus from spreading, all modes of transportation, including planes and trains, were shut down. These factors disrupted the market's supply chain networks, causing numerous delays in the production of electronic components such as set-top boxes and their distribution to commercial and residential consumers.
What makes an HD set-top box so popular around the world?
1. High demand for entertainment: The most common types of set-top box systems used by end-users are cable, satellite, hybrid, and IPTV/OTT. Because of the increased demand for virtual entertainment mediums on television sets, hybrid set-top boxes will see substantial growth in the APAC region in the future years. Users can watch online videos as well as cable-based programs with this type of set-top box, which supports both broadcasting and IP-based video functions. D2H, which is owned by Dish TV, launched a hybrid set-top box in March 2020 in conjunction with Google's Android TV. This technology will be able to give the user both OTT and DTH connections.
2. Multiple advantages: Users will be able to view various types of information and channels from their homes or any location with a good Wi-Fi or internet connection. It comprises two set-top boxes with video-on-demand, voice search, and a seamless television viewing experience, as well as two set-top boxes that may be used for personal video recording.
3. Plethora of entertainment channels: The presence of entertainment behemoths such as Netflix, Amazon, Disney+Hotstar, and BBC iPlayer will propel the set-top box market in Europe forward. For amusement, an increasing number of individuals are turning to these video streaming leaders. DTH providers are improving their set-top box systems to include advanced capabilities such as OTT access, high-resolution visuals, digital video recording, storage options, and improved sound quality. Because they offer in-built streaming services from the above-mentioned video streaming service providers, Android set-top boxes are gaining popularity among European clients.
4. Great Resolution: These systems give users a high-definition view. They can assist viewers in accessing a wide range of standard and high-definition digital programs at a low cost. These set-top boxes have a variety of technological innovations, including digital video recording, more than 100 hours of viewing memory, a personalized menu, parental settings, and powerful search functions. All of these capabilities will increase regional demand for satellite set-top boxes.
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