25.08.2016 Views

Set Top Box Market Trends and Competitive Landscape Outlook to 2025

Future Market Insights has announced the addition of the “Set Top Box Market: Global Industry Analysis and Opportunity Assessment 2015-2025” report to their offering.

Future Market Insights has announced the addition of the “Set Top Box Market: Global Industry Analysis and Opportunity Assessment 2015-2025” report to their offering.

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Report Description<br />

Global <strong>Set</strong> <strong>Top</strong> <strong>Box</strong> <strong>Market</strong>: Drivers<br />

The global set <strong>to</strong>p box market is largely affected by the rapid use <strong>and</strong> adoption of digital<br />

television technology over the globe. Smart television <strong>and</strong> High Definition (HD)<br />

technology as pushed the use of set <strong>to</strong>p box <strong>to</strong> a great extent. Cable digitization has<br />

increased the dem<strong>and</strong> for set <strong>to</strong>p boxes worldwide. Moreover, consumer dem<strong>and</strong> for<br />

media rich home entertainment services has fuelled the growth of the global set <strong>to</strong>p box<br />

market. Further, increase in disposable income <strong>and</strong> emerging middle class has led <strong>to</strong><br />

drive the global set <strong>to</strong>p box market speedily.<br />

Global <strong>Set</strong> <strong>Top</strong> <strong>Box</strong> <strong>Market</strong>: Restraints<br />

The low cost set <strong>to</strong>p box imports are posing as a challenge <strong>to</strong> the global set <strong>to</strong>p box<br />

market. In addition, low domestic production by the local companies is leading <strong>to</strong> the<br />

lower supply of set <strong>to</strong>p boxes in comparison <strong>to</strong> the market dem<strong>and</strong>s. Thus shortage <strong>and</strong><br />

supply backlog of set <strong>to</strong>p boxes are acting as a pulling force in the growth of the global<br />

set <strong>to</strong>p box market. Moreover, emerging companies are acting as a competition <strong>to</strong> the<br />

older players in the market thus making it difficult in the smooth operation of the market.<br />

Request for TOC: http://www.futuremarketinsights.com/<strong>to</strong>c/rep-gb-925

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