During the forecast period, the market for smart set-top box and dongle is expected to grow at a rapid CAGR of 6%. The market for smart set-top boxes and dongles is expected to be worth US$25.36 billion in 2022. By the year 2032, it is predicted that the market for smart set-top boxes and dongles will reach a high of US$ 45.42 Bn.
Customers can now take use of their preferred streaming apps in the best visual and audio quality. The A15 Bionic chip’s scorching performance, easy controls, and seamless connection with gadgets and smart home accessories all contribute to this.
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Benefits of Smart set top box
- Online streaming of videos, music, photos, and other web content without any subscription of cable or satellite TV.
- Display quality of up to 4K.
- Provide access to DVR capabilities.
- Display of content through external storage like USB.
- Social connectivity through optimized apps.
- Access to weather updates, news and financial information through TV.
Apart from set box, dongle can be directly plugged into TV to enable the content access from internet.
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Smart set top box & Dongle Market: Drivers and Restraint
Increase in the number of smart homes, growth in acceptance rate of smart technologies, and rise in demand for video on demand services & video recording are the primary drivers for smart set-top box & dongle market.
As there is no industry standard for software, operating systems, and interface implementation in TVs, smart TV manufacturers use a variety of interfaces and software in their products. While the majority of TV manufacturers support all of the most popular apps, including Facebook, some only select of them, such as Netflix, Hulu, Amazon Video, and Pandora.
Smart set top box & Dongle Market: Key Players
Apple Inc. (US), Google Inc. (US), Roku Inc.(US), Netflix (US), Amazon.com Inc.(US), Cisco Systems Inc. (US),NVIDIA Corporation (US), LG Corporation (South Korea), D-Link Corporation (Taiwan), Plex Inc. (US).
The report covers exhaustive analysis on
- Smart set top box & Dongle Market Segments
- Smart set top box & Dongle Market Dynamics
- Historical Actual Market Size, 2013 – 2015
- Smart set top box & Dongle Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Smart set top box & Dongle Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Smart set top box & Dongle Market Drivers and Restraints
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Smart set top box & Dongle market: Segmentation
Smart set-top box & dongle market can be segmented on the basis of product and feature.
On the basis of product, the smart set-top box and dongle market can be categorised in to :
- smart set -top box
- dongle
On the basis of feature, the smart set-top box & dongle market can be classified in to :
- operating system
- video quality
- Android
- Linux
On the basis of video quality, the smart set-top box & dongle market can be further categorised in to:
- Full HD
- UHD 4K
Segmentation on basis of regions:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East and Africa (MEA)
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