Shashie Pawar

3 months ago · 1 min. reading time · visibility 0 ·

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Settop Box Market: Competitive Analysis, Future Plans with Massive Growth 2023

The Future of Settop Box (STB) Market will witness a healthy growth from 2017 to 2023, a research report suggests. Growing at a CAGR of 7.2%, the market is projected to reach US$26,630.4 million by 2023. High levels of technological innovations is expected to support the market growth along with the inclusion of new features and content protection systems. As predicted by analysts, online streaming services will negatively affect the market’s performance from 2017 to 2023. During the forecast period, the market will be supported by technological transition from providing stand-alone cable and traditional cable service providers. Lack of innovation on the other hand will challenge cable box sector based organizations functioning in the global Settop Box (STB) market. Analysts have split the market into content quality, end-user, product type, and services segments based on products and services.


 

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