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Worldwide 4Q10 set top box market revenues reach $6 billion

Posted: 26 Apr 2011 ?? ?Print Version ?Bookmark and Share

Keywords:set top box? increase? revenue? market? cable?

Despite unit shipments remaining relatively flat over the last year, worldwide set top box revenues were actually up in fourth quarter of 2010 over the fourth quarter of 2001. Total revenues for the quarter were $5.7 billion, as compared to $5.3 billion in the fourth quarter of 2009, according to In-Stat.

Nom Bogen, vice president for digital entertainment, said that even though overall growth in the market was not dramatic, there were certainly regional nuances that are worth noting. He noted for instance that there was a significant migration from standard definition to high definition in the larger and more advanced markets like North America and Asia-Pacific. In the developing regions like the Middle East, Africa, and Latin America, however, there has been a surge in standard definition boxes with high definition that is just beginning to make an appearance.

Recent research findings also revealed that in North America, satellite set top box unit shipments approached 18 million in 2010. Also, the Worldwide IPTV set top box unit shipments increased by 3.7 million in that year. It was also during this year that in Latin America, 8 million more SD set top box units were shipped than HD boxes.

Reports also forecasted that European cable set top box revenues will be $212 million in the first quarter of 2011.

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