STB market revenues hit US$4.8 billion

The global set-top box (STB) market saw revenues climb 4% quarter-over-quarter to reach US$4.8 billion in Q2, according to new stats by Infonetics Research.

In its Set-Top Boxes and Pay TV Subscribers report, Infonetics described “mixed signals” in the market, with STB unit shipments up 7% sequentially in Q2, but down 3% compared to Q2 2013.

Arris, the worldwide STB market share leader, gained almost 2 percentage points of market share in Q2 compared to Q1.

“Though nearly all STB product categories saw volume increases in 2Q14, satellite shipments continue a downward trend, while cable set-tops are growing due to an ongoing refresh cycle in North America and Europe,” said Infonetics’ principal analyst for broadband access and pay TV, Jeff Heynen.

Between 2013 and 2018, Infonetics predicts that the worldwide STB will decline at a compound annual rate of 0.05%, and will total US$19.2 billion in 2018.

In this year, satellite STBs are also expected to contribute the majority of STB revenue at 36%.