Global Smart Set-up-Box (STB) and Dongle Market 2015-2019
About smart STB and dongle
STBs are devices that enable users to view encrypted channels on their TVs. They transform the transmitted signal into videos, which is then displayed on TV screens. Smart STBs or dongles are used to connect TVs to the Internet to stream online content. They have some or all of the following features: ability to stream media from other connected devices to TVs and record content from TVs; pause, rewind, or fast-forward live TV; Wi-Fi functions; ability to support multi-screen interactions; and ability to provide embedded cable modem broadband coverage.
Technavio's analysts forecast the revenue of the global smart STB and dongle market to grow at a CAGR of 18.45% over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global smart STB and dongle market for 2015-2019. To calculate the market size, the report considers the number of units of smart STBs and dongles shipped worldwide. It also presents the geographical segmentation of the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Global Smart STB and Dongle Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of global smart STB and dongle market and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Smart Set-top Box and Dongle Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Smart Set-top Box and Dongle Market: Apple Inc., Cisco Systems Inc., Google Inc., Pace plc, Roku Inc., Sony Corp. and Western Digital Corp.
Other Prominent Vendors in the market are: ARRIS Group, AVerMedia Technologies, Belkin International, Broadcom, Cloud Media, Comcast, D-Link, EchoStar, LG, Netgear, Nuvyyo, Samsung Electronics, TiVo and VIZIO
Commenting on the report, an analyst from Technavio’s team said: “The introduction of integrated smart STBs is a major trend in the market. This type of STB is integrated with the TV or smart device, which enables the user to access the digital media content directly via the internet and avoid the need for an external device.”
According to the report, development of technologically advanced devices is one of the major drivers of the market. The market is constantly innovating and updating the devices by reducing the form factor and increasing the capability of the devices.
Further, the report states that the high cost of the devices is a major challenge in the market. The vendors price these devices at a higher cost because the amount spent on R&D of such products is high and in order to make a profit the vendors have to sell these devices at a higher price.