About In-built Storage Set-top Boxes
STBs are used to improve picture quality, store videos, and to enhance the viewing experience. They also provide interactive services such as video-on-demand, and the freedom to pay only for specific channels. STBs, when attached to a TV, receive unencrypted subscribed channels through an addressable system for viewing encrypted channels. They connect a TV to an external signal source and convert the transmitted signal into video content, which is then displayed on the screen.
STBs can convert both analog and digital signals into visuals. There are of four primary types of STBs:
Technavio Announces the Publication of its Research Report – Global In-built Storage Set-top Boxes Market 2016-2020
Technavio recognizes the following companies as the key players in the Global In-built Storage Set-top Boxes Market: ARRIS, Pace and Technicolor.
Other Prominent Vendors in the market are: ABOX42, ADB, Comcast, Comtrend, Coship, EchoStar, Eagle Kingdom Technologies, Edge-Core Networks, Hansun Technologies, Humax, Huawei, Hyundai Digital Technology, LG, Lenovo, MitraStar, Samsung Electronics, SmartLabs, Telergy, Telsey, TiVo, Verismo Networks, Vestel and ZTE.
Commenting on the report, an analyst from Technavio’s team said: “TVs integrated with STBs provides a user with improved aesthetics and a clutter-free viewing experience. It also allows a consumer to save videos, use multiple applications while watching TV like playing games and screen mirroring, and Internet access.”
According to the report, digitization of TV networks has become increasingly prominent globally with governments mandating installation of STBs, especially in countries like India and China, where a large volume of TVs are sold. This process of digitization is likely to increase the demand for STBs during the forecast period to provide consumers with a wider range of channels and better picture quality. Moreover, it helps service providers offer more channels at a low cost.
Further, the report states that STBs have a global penetration of over 90%, which limits their market growth.
ARRIS, Pace, Technicolor, ABOX42, ADB, Comcast, Comtrend, Coship, EchoStar, Eagle Kingdom Technologies, Edge-Core Networks, Hansun Technologies, Humax, Huawei, Hyundai Digital Technology, LG, Lenovo, MitraStar, Samsung Electronics, SmartLabs, Telergy, Telsey, TiVo, Verismo Networks, Vestel and ZTE.