250 Million Digital Set-Top Boxes will Ship in 2012
Even while experiencing some significant challenges, the global set-top box market continues to expand. Demand for digital set-top box products is rising, particularly in Asia, Latin America, and a number of countries in Europe.
The expansion of pay-TV services in developing markets, along with the ongoing shift from standard-definition products to high-definition products in developed markets, is fueling market demand.
Overall, MRG projects that the annual growth rate for unit shipments of digital set-top boxes in 2012 will exceed 15%, with total worldwide unit shipments ending the year at 250 million, a new record high.