The set-top box market in Europe is expected to grow from US$ 5,401.17 million in 2022 to US$ 6,298.26 million by 2028. It is estimated to grow at a CAGR of 2.6% from 2022 to 2028.

Government regulations mandating the installation of set-top boxes, deployment of free OS-based devices by STB vendors, and analog switch-off transition in emerging countries are the prime factors escalating the demand for STBs. However, several drawbacks are associated with analog systems; determining the number of households using cable services is difficult, and only local cable operators who also work as bill collection agents know the actual figure. The broadcasters, first, transmit the signals via satellite. The multi-system operators then download these signals into their devices. Multi-system providers are now transmitting these signals to local cable operators, and cable operators are eventually responsible for transferring these signals directly to consumers’ homes via various channels using co-axial cables. The inability of governments to monitor the exact number of home consumers using cable TVs is the most significant drawback faced by current analog signals, but, in this case, digitization enables them to know the exact amount of cable consumption. Thus, the stringent government regulations across emerging countries for digitalization are boosting the set-top box market.

Europe Set Top Box Market Revenue and Forecast to 2028 (US$ Million)

Europe Set Top Box Market Segmentation

The Europe set-top box market is segmented by product, content quality, and country. Based on product, the market is segmented into cable, satellite, IPTV, and others. The cable segment dominated the market in 2022. Based on content quality, the market is segmented into Standard Definition (SD), High-Definition (HD), and 4K. The High-Definition (HD) segment dominated the market in 2022. Based on country, the market is segmented into Germany, the UK, France, Italy, Russia, and the rest of Europe. Further, Germany dominated the market in 2022.

A few key players dominating the Europe set-top box market are Advanced Digital Broadcast; Altech UEC; Commscope Inc.; Huawei Technologies Co., Ltd.; Humax Holdings; Kaonmedia Co., Ltd.; Sagemcom; Shenzhen Cozhou Electronics Co., Ltd (Coship); Skyworth Group Co., Ltd.; Technicolor SA; and Zinwell Corporation.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Set Top Box Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Set Top Box Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Technological Transformations in Set-Top Box
5.1.2 Stringent Government Initiatives for Mandating Digitalization of Cable TV
5.2 Market Restraints
5.2.1 Escalating Demand for OTT Platforms
5.3 Market Opportunities
5.3.1 Increasing Penetration of HD Channels and Growing Adoption of Satellite Cable and Smart TVs
5.4 Future Trends
5.4.1 Integration of OTT Platforms with Set-Top Box
5.5 Impact Analysis of Drivers and Restraints
6. Set Top Box Market – Europe Analysis
6.1 Europe Set Top Box Market Overview
6.2 Europe Set Top Box Market Revenue Forecast and Analysis
7. Europe Set Top Box Market – By Product
7.1 Overview
7.2 Europe Set Top Box Market Breakdown, By Product, 2021 & 2028 (%)
7.3 Cable
7.3.1 Overview
7.3.2 Cable Market Forecast and Analysis
7.4 Satellite
7.4.1 Overview
7.4.2 Satellite Market Forecast and Analysis
7.5 IPTV
7.5.1 Overview
7.5.2 IPTV Market Forecast and Analysis
7.6 Others
7.6.1 Overview
7.6.2 Others Market Forecast and Analysis
8. Europe Set Top Box Market – By Content Quality
8.1 Overview
8.2 Europe Set Top Box Market Breakdown, By Content Quality, 2021 & 2028 (%)
8.3 Standard Definition (SD)
8.3.1 Overview
8.3.2 Standard Definition (SD) Market Forecast and Analysis
8.4 High-Definition (HD)
8.4.1 Overview
8.4.2 High-Definition (HD) Market Forecast and Analysis
8.5 4K
8.5.1 Overview
8.5.2 4K Market Forecast and Analysis
9. Europe Set Top Box Market – Country Analysis
9.1 Overview
9.1.1 Europe: Set Top Box Market, By Country
9.1.1.1 Germany: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Set Top Box Market, By Product
9.1.1.1.2 Germany: Set Top Box Market, By Content Quality
9.1.1.2 France: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Set Top Box Market, By Product
9.1.1.2.2 France: Set Top Box Market, By Content Quality
9.1.1.3 Italy: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Set Top Box Market, By Product
9.1.1.3.2 Italy: Set Top Box Market, By Content Quality
9.1.1.4 UK: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Set Top Box Market, By Product
9.1.1.4.2 UK: Set Top Box Market, By Content Quality
9.1.1.5 Russia: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Set Top Box Market, By Product
9.1.1.5.2 Russia: Set Top Box Market, By Content Quality
9.1.1.6 Rest of Europe: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Set Top Box Market, By Product
9.1.1.6.2 Rest of Europe: Set Top Box Market, By Content Quality
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Mergers and Acquisition
10.4 New Product Development
11. Company Profiles
11.1 Advanced Digital Broadcast
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 CommScope Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Shenzhen Cozhou Electronics Co., Ltd. (Coship)
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Huawei Technologies Co., Ltd.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Humax Holdings
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 Kaonmedia Co., Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Sagemcom
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Skyworth Group Co., Ltd.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Zinwell Corporation
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Altech UEC
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.11 Technicolor SA
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index

LIST OF TABLES

Table 1.             Europe Set Top Box Market Revenue and Forecast to 2028 (US$ Million)
Table 2.             Germany Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
Table 3.             Germany Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
Table 4.             France Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
Table 5.             France Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
Table 6.             Italy Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
Table 7.             Italy Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
Table 8.             UK Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
Table 9.             UK Set Top Box Market, By Content Quality– Revenue and Forecast to 2028 (US$ Million)
Table 10.          Russia Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
Table 11.          Russia Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
Table 12.          Rest of Europe Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
Table 13.          Rest of Europe Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
Table 14.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           Europe Set Top Box Market Segmentation
Figure 2.           Europe Set Top Box Market Segmentation – By Country
Figure 3.           Europe Set Top Box Market Overview
Figure 4.           Europe Set Top Box Market, by Product
Figure 5.           Europe Set Top Box Market, by Content Quality
Figure 6.           Europe Set Top Box Market, by Country
Figure 7.           Europe – PEST Analysis
Figure 8.           Europe Set Top Box Market- Ecosystem Analysis
Figure 9.           Expert Opinions
Figure 10.        Europe Set Top Box Market Impact Analysis of Drivers and Restraints
Figure 11.        Europe Set Top Box Market Revenue Forecast and Analysis (US$ Million)
Figure 12.        Europe Set Top Box Market Breakdown, Product, 2021 & 2028 (%)
Figure 13.        Cable Market Revenue and Forecast to 2028 (US$ Million)
Figure 14.        Satellite Market Revenue and Forecast to 2028 (US$ Million)
Figure 15.        IPTV Market Revenue and Forecast to 2028 (US$ Million)
Figure 16.        Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 17.        Europe Set Top Box Market Breakdown, Content Quality, 2021 & 2028 (%)
Figure 18.        Standard Definition (SD) Market Revenue and Forecast to 2028 (US$ Million)
Figure 19.        High-Definition (HD) Market Revenue and Forecast to 2028 (US$ Million)
Figure 20.        4K Market Revenue and Forecast to 2028 (US$ Million)
Figure 21.        Europe: Set Top Box Market, by key Country– Revenue (2021) (US$ Million)
Figure 22.        Europe: Set Top Box Market Revenue Share, By Country (2021 and 2028)
Figure 23.        Germany: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24.        France: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25.        Italy: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        UK: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Russia: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28.        Rest of Europe: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Set Top Box Market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Europe Set Top Box Market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Set Top Box Market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

The List of Companies – Europe Set Top Box Market

● Some of the leading companies are:
● Advanced Digital Broadcast
● Altech UEC
● Commscope Inc.
● Huawei Technologies Co., Ltd.
● Humax Holdings
● Kaonmedia Co., Ltd.
● Sagemcom
● Shenzhen Cozhou Electronics Co., Ltd (Coship)
● Skyworth Group Co., Ltd.
● Technicolor SA
● Zinwell Corporation

At 2.6% CAGR, the Europe Set Top Box Market is speculated to be worth US$ 6,298.26 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe set top box market was valued at US$ 5,401.17 million in 2022 and is expected to reach US$ 6,298.26 million by 2028, registering an annual growth rate of 2.6% from 2022 to 2028. The technological transformations in set-top box and stringent government initiatives for mandating digitalization of cable TV are the critical factors attributed to the market expansion.

Technological advancements have led to the introduction of a wide variety of STBs exhibiting different characteristics. This has eventually led to fierce rivalry among the set-top box providers. Digital video capture is one of the most desired functionalities of set-top boxes as it allows audiences to record their favorite shows and watch them later as per their convenience. A standalone set-top box that allows viewers to transmit and record TV programs is an over-the-air digital video recorder (DVR) system. Apart from DVRs, subscription-based TV service providers also sell STBs to consumers. Companies are integrating features such as voice command with the help of technologies such as natural language processing (NLP) to simplify searching channels and shows. Interactive features such as video-on-demand and electronic program guide are also increasingly being incorporated in satellite STB units. In addition to basic features, the set-top box units also include a range of interactive and multimedia facilities directly via a consumer television device, such as internet browsing, email, and instant messaging. The DVR feature is also included in cable and satellite set-top boxes, enabling viewers to enjoy content at their convenience. Using MPEG-4.10 (H.264) and SMPTE 421 M (VC-1) allows more content sources and decreases the risk of early product obsolescence. Thus, the abovementioned technological advancements are contributing to the growth of the market. All STB tiers are becoming more advanced and enabling more and better use cases and experiences. enabling the end-user to utilize their STB devices more than before. For instance, the STB devices’ integration of super-resolution. When upconverting video sources from lower resolution to 4K, super-resolution employs a combination of AI and conventional video processing techniques to produce a high-quality picture. This may even reach 8K for the most expensive set-top boxes. The set-top box market is predicted to be driven by this assessment of the STB devices’ quality.

On the contrary, escalating demand for OTT platforms hurdles the growth of Europe set top box market.

Based on product, the Europe set top box market is segmented into cable, satellite, IPTV, and others. The cable segment held 41.2% market share in 2022, amassing US$ 2,226.67 million. It is projected to garner US$ 2,440.49 million by 2028 to expand at 1.5% CAGR during 2022–2028.

Based on content quality, the Europe set top box market is segmented into Standard Definition (SD), High-Definition (HD), and 4K. The Standard Definition (SD) segment held 44.0% market share in 2022, amassing US$ 2,375.87 million. It is projected to garner US$ 2,567.65 million by 2028 to expand at 1.3% CAGR during 2022–2028.

Based on country, the Europe set top box market is categorized into Germany, the UK, France, Italy, Russia, and the rest of Europe. Our regional analysis states that Germany captured 26.7% market share in 2022. It was assessed at US$ 1,443.70 million in 2022 and is likely to hit US$ 1,638.18 million by 2028, exhibiting a CAGR of 2.1% during the forecast period.

Key players dominating the Europe set top box market are Advanced Digital Broadcast; Altech UEC; Commscope Inc.; Huawei Technologies Co., Ltd.; Humax Holdings; Kaonmedia Co., Ltd.; Sagemcom; Shenzhen Cozhou Electronics Co., Ltd (Coship); Skyworth Group Co., Ltd.; Technicolor SA; and Zinwell Corporation, among others.