Set-Top Box Market
According to the latest report by IMARC Group, titled “Set-Top Box Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global set-top box market reached a value of US$ 22.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.2 Billion by 2027, exhibiting a CAGR of 1.75% during 2022-2027. A set-top box refers to the device that receives, interprets and displays the digital signal on a television. It converts a digital television signal into an analog signal, which can be viewed on a conventional television set. It allows access to various types of audio and video content that is received via telephone or cable connection. It is generally equipped with a random access memory (RAM), power supply system, decoder, audio and video interference system, a front panel and…
