After falling in 2013 and 2014, the
Brazilian set-top box market should return to growth in 2015. Research and
Markets has announced the addition of the "Brazil Set Top Box Market
(2014-2020): Market Forecast By STB Type (Cable TV, DTH and IPTV) and Regions
(South, North-East, Central-West and South-East and North)". The research
predicts that by 2020, over 10.2 million devices manufactured in Brazil will be
sold, generating USD 687.4 million in revenue.
Changing government policies, initiatives
to digitize entire pay TV market and increasing number of pay TV subscribers
are fueling the growth of set top box market in Brazil.
Set Top boxes are the devices that receive
broadcasting signals, which decode and decompress these to provide a TV ready
Video output. Primarily there are three types of set top boxes available in the
market - Cable, DTH, and IPTV. SDMC product line includes
these three types.
Latin America region is one of the key
growing regions in global set top box market. Government digitization project,
increasing TV penetration and the increasing demand for the technologically
advanced set top boxes have led to the growth of set top box market in Latin
America region.
In Latin America set top box market,
countries such as Brazil, Mexico, and Argentina are the key revenue generating
countries in this region.
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