Date: 21/04/2011

Worldwide 4Q10 STB market revenues to reach $6 Billion

According to In-Stat the total Set Top Box (STB) market revenues for the 4th quarter of 2010 were $5.7 billion as compared to $5.3 billion in 4Q09.

Recent research findings include:
In North America, satellite set top box unit shipments approached 18 million in 2010.
European cable set top box revenues are forecast to be $212 million in 1Q11.
Worldwide IPTV set top box unit shipments increased by 3.7 million in 2010.
During 2010, in Latin America, 8 million more SD set top box units were shipped than HD boxes.

"Even though overall growth in the market was not dramatic there were certainly regional nuances that are worth noting," says Norm Bogen, VP Digital Entertainment. "For instance, there was a significant migration from standard definition to high definition in the larger and more advanced markets like North America and Asia/Pacific. While in the developing regions like the Middle East/Africa and Latin America, there has been a surge in standard definition boxes with high definition just beginning to make an appearance."