Middle East & Africa Set Top Box Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Cable, Satellite, IPTV, and Others) and Content Quality [Standard Definition (SD), High-Definition (HD), and 4K]
The set-top box market in Middle East & Africa is expected to grow from US$ 1,451.81 million in 2022 to US$ 1,863.03 million by 2028. It is estimated to grow at a CAGR of 4.2% from 2022 to 2028.
Technological advancements have introduced 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 at 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 guides are also increasingly being incorporated in satellite STB units.
In addition to basic features, the set-top box units include various 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 the content at their convenience. MPEG-4.10 (H.264) and SMPTE 421 M (VC-1) allow more content sources and decrease the risk of early product obsolescence. Thus, the abovementioned technological advancements are contributing to the market's growth. All STB tiers are becoming more advanced, enabling more and better use cases and experiences and 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. Large-scale sporting events, such as the 2022 FIFA World Cup in Qatar, are anticipated to hasten the adoption of 8K STBs among consumers during the forecast period. The set-top box market is predicted to be driven by this assessment of the STB devices' quality over the next few years.
Middle East & Africa Set Top Box Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Set Top Box Market Segmentation
The Middle East & Africa 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 the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa. Further, the UAE dominated the market in 2022.
A few key players dominating the Middle East & Africa 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.
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- 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. MEA Set Top Box Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 MEA
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinions
- 5. MEA 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 – MEA Analysis
- 6.1 MEA Set Top Box Market Overview
- 6.2 MEA Set Top Box Market Revenue Forecast and Analysis
- 7. MEA Set Top Box Market – By Product
- 7.1 Overview
- 7.2 MEA 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. MEA Set Top Box Market – By Content Quality
- 8.1 Overview
- 8.2 MEA 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. MEA Set Top Box Market – Country Analysis
- 9.1 Overview
- 9.1.1 MEA: Set Top Box Market, By Country
- 9.1.1.1 South Africa: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 South Africa: Set Top Box Market, By Product
- 9.1.1.1.2 South Africa: Set Top Box Market, By Content Quality
- 9.1.1.2 Saudi Arabia: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 Saudi Arabia: Set Top Box Market, By Product
- 9.1.1.2.2 Saudi Arabia: Set Top Box Market, By Content Quality
- 9.1.1.3 UAE: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 UAE: Set Top Box Market, By Product
- 9.1.1.3.2 UAE: Set Top Box Market, By Content Quality
- 9.1.1.4 Rest of MEA: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.4.1 Rest of MEA: Set Top Box Market, By Product
- 9.1.1.4.2 Rest of MEA: 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. MEA Set Top Box Market Revenue and Forecast to 2028 (US$ Million)
- Table 2. South Africa Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
- Table 3. South Africa Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
- Table 4. Saudi Arabia Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
- Table 5. Saudi Arabia Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
- Table 6. UAE Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
- Table 7. UAE Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
- Table 8. Rest of MEA Set Top Box Market, By Product– Revenue and Forecast to 2028 (US$ Million)
- Table 9. Rest of MEA Set Top Box Market, By Content Quality – Revenue and Forecast to 2028 (US$ Million)
- Table 10. List of Abbreviation
- LIST OF FIGURES
- Figure 1. MEA Set Top Box Market Segmentation
- Figure 2. MEA Set Top Box Market Segmentation – By Country
- Figure 3. MEA Set Top Box Market Overview
- Figure 4. MEA Set Top Box Market, by Product
- Figure 5. MEA Set Top Box Market, by Content Quality
- Figure 6. MEA Set Top Box Market, by Country
- Figure 7. MEA – PEST Analysis
- Figure 8. MEA Set Top Box Market- Ecosystem Analysis
- Figure 9. Expert Opinions
- Figure 10. MEA Set Top Box Market Impact Analysis of Drivers and Restraints
- Figure 11. MEA Set Top Box Market Revenue Forecast and Analysis (US$ Million)
- Figure 12. MEA 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. MEA 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. MEA: Set Top Box Market, by key Country – Revenue (2021) (US$ Million)
- Figure 22. MEA: Set Top Box Market Revenue Share, By Country (2021 and 2028)
- Figure 23. South Africa: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Saudi Arabia: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 25. UAE: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Rest of MEA: Set Top Box Market – Revenue and Forecast to 2028 (US$ Million)
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