세계의 셋업 박스 시장 - 규모, 점유율, 성장 분석: 유형별, 해상도별, 최종 사용자별, 서비스 유형별, 지역별 산업 예측(2025-2032년)

Global Set-Up Box Market size was valued at USD 20.05 billion in 2023 and is poised to grow from USD 20.71 billion in 2024 to USD 26.85 billion by 2032, growing at a CAGR of 3.3% during the forecast period (2025-2032).

The set-top box market is projected to grow positively, driven by increasing demand for advanced digital broadcasting and supportive digital transition initiatives in various countries. Enhanced offerings, such as high-definition channel support and value-added services from DTH operators, are expected to create significant growth opportunities. Innovations like built-in voice assistants, superior sound quality, high-definition gaming support, and remote recording capabilities are fueling this expansion. However, the rise of OTT content streaming on devices like laptops and smartphones poses a challenge, with India witnessing a 30% uptick in OTT subscriptions since March 2020. The allure of lower subscription costs and smart TVs with built-in OTT capabilities further pressures traditional set-top boxes, as telco firms like Airtel and Jio offer competitive smartphone TV services.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Set-Up Box market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Set-Up Box Market Segmental Analysis

Global Set-Up Box Market is segmented by Type, Resolution, End-User, Service Type and region. Based on Type, the market is segmented into IPTV (Internet Protocol Television), Satellite, Cable, DTT (Digital Terrestrial Television) and OTT (Over-The-Top). Based on Resolution, the market is segmented into Standard Definition (SD), High Definition (HD) and Ultra-High Definition (UHD). Based on End-User, the market is segmented into Residential and Commercial. Based on Service Type, the market is segmented into Pay TV and Free-to-Air. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Set-Up Box Market

The global Set-Up Box market is witnessing significant growth, primarily driven by the increasing demand for Android set-top boxes (STBs) that offer an enhanced and personalized viewing experience. This surge in demand is attributed to features such as voice recognition, a vast app ecosystem, and the TV Input Framework (TVIF). Additionally, the availability of various connectivity options like Wi-Fi, Ethernet, HDMI, and Bluetooth further spurs interest in the latest STB models. The incorporation of advanced technologies, including Bluetooth Low Energy (BLE) and support for Full HD, 4K, and 8K resolutions, sets these modern devices apart from traditional models. Furthermore, the expanding hospitality sector, exemplified by developments like the Hyatt Hotel Corporation's Walper Hotel in Canada, creates additional opportunities for growth within the commercial market for set-top boxes.

Restraints in the Global Set-Up Box Market

The global set-top box market faces significant restraints, primarily due to performance discrepancies between stand-alone set-top boxes and integrated smart TVs. Many consumers opt for smart TVs over traditional ones paired with set-top boxes because the latter typically feature slower processors, leading to a lag in performance. As a result, individuals willing to invest in enhanced technology prefer the streamlined functionality of smart TVs. Additionally, energy consumption becomes a concern, as these set-top boxes tend to use nearly the same amount of energy when idle as they do during active use, raising further issues regarding their efficiency and overall appeal in the competitive market.

Market Trends of the Global Set-Up Box Market

The Global Set-Top Box (STB) market is experiencing a dynamic shift towards incorporating artificial intelligence (AI) and voice recognition technology to enhance user experience. Vendors are leveraging AI for personalized services, reduced operational costs, and improved bandwidth management. This trend is complemented by a rise in low-cost STB production to meet growing consumer demand, particularly with the popularity of over-the-top (OTT) platforms. Market leaders are now focusing on innovation, offering technologically advanced and feature-rich devices to gain a competitive edge. Strategic alliances, mergers, and acquisitions are increasingly adopted by suppliers to diversify their product offerings, further fueling market growth.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape
• Customer & Buying Criteria Analysis
• Patent Analysis
• Trade Analysis

Global Set-Up Box Market Size by Type & CAGR (2025-2032)

• Market Overview
• IPTV (Internet Protocol Television)
• Satellite
• Cable
• DTT (Digital Terrestrial Television)
• OTT (Over-The-Top)

Global Set-Up Box Market Size by Resolution & CAGR (2025-2032)

• Market Overview
• Standard Definition (SD)
• High Definition (HD)
• Ultra-High Definition (UHD)

Global Set-Up Box Market Size by End-User & CAGR (2025-2032)

• Market Overview
• Residential
• Commercial
  • Hotels
  • Hospitals
  • Others

Global Set-Up Box Market Size by Service Type & CAGR (2025-2032)

• Market Overview
• Pay TV
• Free-to-Air

Global Set-Up Box Market Size & CAGR (2025-2032)

• North America (Type, Resolution, End-User, Service Type)
  • US
  • Canada
• Europe (Type, Resolution, End-User, Service Type)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Resolution, End-User, Service Type)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Resolution, End-User, Service Type)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Resolution, End-User, Service Type)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Cisco Systems, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Technicolor SA (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Humax Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Skyworth Digital Holdings Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sagemcom Broadband SAS (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ADB (Advanced Digital Broadcast) (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Comcast Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pace plc (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ZTE Corporation (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huawei Technologies Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kaonmedia Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Roku, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Apple Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Samsung Electronics Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sony Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Electronics Inc. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dish Network Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Netgem (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations