Wilmington, Delaware, United States, Jan. 18, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – In 2021, the global set-top box market was worth US$ 18.9 Bn and by the end of 2031, the market is projected to reach US$ 35.2 Bn, according to the set-top boxes market report by TMR.
Numerous factors contribute to the growth of the global set-top box market, including the increasing flexibility of subscription models and the rising desire for smart TVs with dynamic content. Smart TVs are anticipated to provide customers with more access to streaming services such as YouTube, and Netflix, which is estimated to drive the global set-top box market during the forecast period. These aspects are projected to drive set-top boxes market growth in the near future.
The adoption rate of high-end set-top boxes is increasing as a result of innovations such as smart TVs, and HD and…
