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Home>Global Set-Top Box Market 2017-2021 - Low Scope of Customer Retention - Research and Markets

Global Set-Top Box Market 2017-2021 - Low Scope of Customer Retention - Research and Markets

Global Set-Top Box Market 2017-2021 - Low Scope of Customer Retention - Research and Markets

10/03/2017

Global Set-Top Box Market 2017-2021 - Low Scope of Customer Retention - Research and Markets

The "Global Set-top Box Market 2017-2021" report has been added to Research and Markets' offering.

The global set-top box (STB) market to grow at a CAGR of 2.84% during the period 2017-2021.

Global Set-Top Box (STB) Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated by the global sales of STBs.

The latest trend gaining momentum in the market is Availability of TVs integrated with STBs. One of the upcoming trends in the global STB market is the increasing availability of TVs integrated with STBs. They ensure clutter-free installation as there are a limited set of wires within a single device.

According to the report, one of the major drivers for this market is introduction of advanced features in set-top boxes. Technological advances in the global STB market have led to the development of a wide range of STBs equipped with multiple features. Digital video recording is one of the most popular features as it enables viewers to watch and record their favorite shows. Over-the-air DVR systems are standalone STBs that enable viewers to broadcast and record TV programs. Apart from DVRs, subscription-based TV services providers offer STBs to customers.

Further, the report states that one of the major factors hindering the growth of this market is Low scope of customer retention. Low scope of customer retention is one of the serious challenges inhibiting the growth of the global STB market. The global STB market has been witnessing steady growth since 2013, and a significant number of new vendors entered the market by 2016. This has intensified competition, and the technology offers immense opportunities for vendors and investors.

Key vendors

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