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Read here the market research report on u201cSet Top Box Chipset Marketu201d published by CMI team.
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Set Top Box Chipset Market Analysis (2020-2027) • Set top box (STB) is a hardware device, which receives a digital signal, decodes the signal, and displays it on a television. This process requires a computing device, which can convert digital signal to analog signal. Therefore, chipset is embedded in the set top box. This chipset consists of memory, input & output ports, and secondary storage. System on chip (SOC) contains digital signals, analog signals or mixed signals based on the requirement. Chipsets are developed using metal oxide technology.
Factors Driving Growth of the Global Set Top Box Chipset Market • Advancement in technology such as introduction of 4K TV’s which is in huge demand as compared to full HD in the entertainment industry is one of the major factors driving the growth of set-top-box market and subsequently the global set top box chipset Market. According to the Coherent Market Insights’ analysis, it is expected that there will be more than 58% adoption of 4K TVs in the U.S. alone by 2020. This TV requires 4K set top box that needs higher processing capacity than HD or full HD set top box. This results in increasing demand for set top box (STB) system on chip (SoC) across the globe.
Global Set Top Box Chipset Market: Regional Insightss • On the basis of region, the global set top box chipset market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held major share in the global set top box chipset market in 2018, owing to increasing adoption and presence of key players in the region such as Broadcom Inc., Qualcomm Incorporated., Sigma Designs, AvailinkInc, Trident Microsystems Inc., and others. • Moreover, Asia Pacific region consist of many key players in the set top box chipset market that includes ALi Corporation, MediaTek Inc., MStar Semiconductor Inc. (now part of MediaTek. Inc.), and others. Asia Pacific is expected to be the fastest growing region in the global set top box chipset market over the forecast period due to the increase in development in media and entertainment industry in the region. According to India Brand Equity Foundation (IBEF), media and entertainment (M&E) industry in India exhibited a CAGR of 10.90 % from year 2017 to 2018 and is expected to exhibit a CAGR of 13.10 % to reach US$ 39.68 billion by 2023 from US$ 22.28 billion in 2018.
Key Players in the Global Set Top Box Chipset Market • Key players in the market include Broadcom Inc., STMicroelectronics, ALi Corporation, Qualcomm Incorporated, MediaTek Inc., MStar Semiconductor Inc., Renesas Electronics Corporation, Sigma Designs Inc., Availink Inc., NationalChip, Trident Microsystems Inc., Novatek Microelectronics Corp., Rafael Micro, and others.
Global Set Top Box Chipset Market: Taxonomy • By Node Size: • 22 nm • 28 nm • 40 nm • 65 nm • 90 nm • By Application: • Satellite STB • Cable STB • IPTV STB • Others
By Type • Front-end Chips • SoC Chipsets • By Region: • North America • Europe • Asia Pacific • Latin America • Middle East • Africa
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