Global Set Top Box Market Share Till, 2015 To 2022: Grand View Research, Inc

The global set top box market is expected to be driven by emergence of digital television along with surging demand for High Definition (HD) channels over the forecast period. Government regulations mandating digitization to replace cable television coupled with shifting trend from analog cable to digital set top box television may favourably impact market growth. The set top box market is poised for growth owing to the cooperation between set top box manufacturers and operators for providing digital television with enhanced customer support. Better quality of signal transmission and technological advancements in the field of television may also contribute significantly to market growth.

View Global Set Top Box Market Report with Table Of Content @ http://www.grandviewresearch.com/industry-analysis/the-global-set-top-box-market

Growing need for digital television pertaining to government norms along with better quality of signal transmission may lead to the development of high quality television sets, which may further fuel the set top box market growth over the next few years. Furthermore, scart link program recording, remote viewing by access through smartphones and tablets, and live streaming with the help of internet are a few value-added features, which may add up to the set top box market growth. However, certain factors such as high initial costs of set top boxes along with related cost of packages including pay channels may hinder market growth. In addition, inefficiency of cable service providers to install set top boxes owing to high capital expenditure may also pose challenge to market growth over the coming years.

Browse All Reports of Digital Media Category @ http://www.grandviewresearch.com/industry/digital-media

Advancements in the field of television and development of High Definition (HD) technology as well hybrid set top box designs provides several growth opportunities in the global set top box market. Furthermore, growing market penetration of pay-TV paired with several lucrative policies is also expected to offer new avenues for market growth. The set top box market constitutes technologies such as satellite Direct-To-Home (DTH), Internet Protocol Television (IPTV), and Direct Terrestrial Transmission. IPTV is anticipated to account for significant market share attributing to its large-scale implementation on a global basis.

Browse Ongoing Reports @ http://www.grandviewresearch.com/ongoing-reports

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/