Los Angeles, CA -- (SBWIRE) -- 05/29/2019 -- A set-top box (STB) is an information appliance device that generally contains a TV-tuner input and displays output to a television set and an external source of signal, turning the source signal into content in a form that then be displayed on the television screen or other display device. They are used in cable television, satellite television, and over-the-air television systems, as well as other uses.

Asia Pacific 4K STB market is expected to witness a CAGR of over 50% from 2016 to 2024. The high growth prospects in this region can be primarily attributed to increased penetration of 4K TVs in the higher economic class and government mandates pertaining to digitization in the region. Diminishing prices of Ultra HD televisions and compatible STB devices as a direct consequence of escalation in local production have led to market growth in the region.

Prominent Indian digital broadcast satellite providers such as Videocon and Tata Sky have started introducing 4K STBs in a bid to offer enhanced TV viewing experience to their consumers for gaining the first mover advantage in the industry with an estimated half a billion TV viewers collectively.

North America is expected to observe a surge in IPTV devices' demand on account of the presence of high-speed network infrastructure, coupled with add-ons and features offered to users.

The global 4K Set-top Box (STB) market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

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This report studies the 4K Set-top Box (STB) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of 4K Set-top Box (STB) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Vestel Company

Technicolor SA

Humax Consumer electronics company

Arion Technology

ZTE Corporation

Roku Inc

Infomir LLC.

MStar Semiconductor, Inc

Sagemcom

Amazon

By the product type, the market is primarily split into

Satellite STBs

Hybrid STBs

Cable STBs

IP STBs

By the end users/application, this report covers the following segments

OTT (Over the Top)

DTT (Direct Terrestrial Transmission)

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