The global market for connectable set-top boxes (STBs)...
The global market for connectable set-top boxes (STBs) is expected to soar 91 percent from 2012 through 2017 due to factors including the adoption of multimedia home gateways (MHGs), IHS said Monday. Global shipments of connectable STBs are expected to…
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increase to 125.6 million units in 2017 from 65.8 million in 2012, the research company said. Forty-five percent of all STBs shipped in 2017 will be connectable, up from 26 percent in 2012, it projected. A connectable STB is a set-top box that can be linked to an IP network. “Consumers increasingly are demanding connectivity from their electronics devices, and STBs are playing a central role in the networking of products,” said Daniel Simmons, senior principal STB analyst, in a news release. IPTV pay-TV operators will account for the largest share of the connectable STB market in 2013, with 39 percent of shipments, IHS projected. But there will be a “rapid” increase in shipments of cable HD STBs by Chinese operators and MHG migration throughout the rest of the world, it said. North America is the largest market for connectable pay-TV STBs now, with an estimated 41 percent of global shipments in 2013, it said, predicting the region will retain its global lead through 2017. But Asia-Pacific is expected to have the fastest growth from 2012 to 2017, with shipments expanding at a compound annual growth rate of 17.2 percent, it said.