Wednesday 29 July 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Smart Set-top Box and Dongle Market: Apple Inc., Cisco Systems Inc., Google Inc., Pace plc, Roku Inc., Sony Corp. and Western Digital Corp.
Other Prominent Vendors in the market are: ARRIS Group, AVerMedia Technologies, Belkin International, Broadcom, Cloud Media, Comcast, D-Link, EchoStar, LG, Netgear, Nuvyyo, Samsung Electronics, TiVo and VIZIO
Commenting on the report, an analyst said: “The introduction of integrated smart STBs is a major trend in the market. This type of STB is integrated with the TV or smart device, which enables the user to access the digital media content directly via the internet and avoid the need for an external device.”
According to the report, development of technologically advanced devices is one of the major drivers of the market. The market is constantly innovating and updating the devices by reducing the form factor and increasing the capability of the devices.
Further, the report states that the high cost of the devices is a major challenge in the market. The vendors price these devices at a higher cost because the amount spent on R&D of such products is high and in order to make a profit the vendors have to sell these devices at a higher price.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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