The global set-top box market had its highest-ever...
The global set-top box market had its highest-ever annual revenue in 2013, said IHS Technology in a news release Wednesday. Worldwide digital box revenue totaled $20.3 billion in 2013, up 3 percent from 2012, IHS said. “Set-top boxes proved to…
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be critical to the strategies of pay TV operators in 2013,” said IHS Director-Connected Home Research Daniel Simmons. Set-tops “increasingly are being transformed into multimedia home gateways (MHG), which combine support for pay-TV services with Internet access, residential gateway services, Wi-Fi and other advanced features,” said IHS. MHGs are being used “to transition from a legacy broadcast-based pay-TV experience to one that is Internet-centric and better positioned to compete with over-the-top (OTT)-rivals,” it said (http://bit.ly/1t4tiut). Revenue from set-tos will continue to grow until 2015 “as Comcast, DirecTV and Dish Network expedite their MHG deployments, driving the higher end of the market,” said firm. It said the market is expected to contract to $20.7 billion by 2018. “Pay TV is nearing saturation across the world, and under such conditions, operators will be increasingly reliant on the technology-based differentiation enabled by STBs to compete for subscribers,” said Simmons.