Europe Set-top Box Market 2020-2025: Size, Share, Trends, Growth, and Forecast Report
According to the latest report by IMARC Group, titled "Europe Set-Top Box Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the Europe set-top box market is currently witnessing steady growth. On account of these factors, IMARC Group expects the market to exhibit stable growth during 2020-2025. A set-top box (STB) refers to a device that helps to convert analog and digital signals into visuals by connecting a television (TV) to an external signal source. It aids in receiving unencrypted subscribed channels via an addressable system and then viewing them as encrypted channels. A set-top box enhances sound quality, stores video, and provides HD pictures. It also supports home networking, internet protocol telephonic services, video conferencing, video-on-demand, etc. As a result, set-up box receives digital television broadcasts from satellite, cable, and over-the-air (OTA) transmitters in different parts of Europe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
Recent advancements in digital broadcasting technologies, the increasing adoption of internet and broadband services, and the growing demand for on-demand video services and HD channels, are some of the factors primarily driving the Europe set-top box market. Furthermore, the rising demand for next-generation STBs is also augmenting market growth as these devices allow multi-room TV networks and portable media player sharing. Additionally, key manufacturers are offering hybrid boxes with IP-based Over-The-Top (OTT) services, which is further bolstering the product demand. Moreover, the expanding media and entertainment (M&E) industry, on account of the COVID-19 outbreak resulting in lockdowns across several European countries, is expected to positively influence the market growth in the coming years.
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Key Market Segmentation:
Breakup by Type:
- Cable STB
- Satellite STB
- Digital Terrestrial Television (DTT) STB
- Internet Protocol (IP) STB
- Over-The-Top (OTT) STB
Breakup by Resolution:
- HD (High Definition)
- SD (Standard Definition)
- UHD (Ultra-High Definition)
Breakup by End-User:
- Residential
- Commercial
- Others
Breakup by Service Type:
- Pay TV
- Free-to-Air
Breakup by Distribution:
- Online Distribution
- Offline Distribution
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Key highlights of the Report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.