FMI Learn details of Set Top Box Market Forecast and S | Page 5

Set Top Box Market
Global Set Top Box Market: Region-Wise Outlook
The global set top box market is experiencing a smooth drive in its growth in various regions of the globe
like India, China, Russia and Latin America. The use of set top boxes has grew in India with rapid
digitalization in television services. China’s rural households are adopting digital screening thus driving
the market. Latin America and Russia are also contributing in the growth of the global set top box market.
Global Set Top Box Market: Drivers
The global set top box market is largely affected by the rapid use and adoption of digital television
technology over the globe. Smart television and High Definition (HD) technology as pushed the use of set
top box to a great extent. Cable digitization has increased the demand for set top boxes worldwide.
Moreover, consumer demand for media rich home entertainment services has fuelled the growth of the
global set top box market. Further, increase in disposable income and emerging middle class has led to
drive the global set top box market speedily.
Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-925

Global Set Top Box Market: Restraints
The low cost set top box imports are posing as a challenge to the global set top box market. In addition,
low domestic production by the local companies is leading to the lower supply of set top boxes in
©2015 Future Market Insights, All Rights Reserved

5