London, 13 April 2015: Technavio, the independent tech-focused global research firm, has published a report on the Global ZigBee STB Market 2015-2019, which is expected to grow at a CAGR of 20.89% during the forecast period of 2014-2019.
“Vendors worldwide are bundling data/voice/video services, on-demand content, and advanced services, such as multiscreen video delivery, to offer a better value proposition to customers,” says Faisal Ghaus, Vice President of TechNavio.
“The bundling of services serves as a cost-effective model for customers as they do not have to pay individually for the different types of service. Moreover, the bundling of services, such as triple-play, increases the average revenue per user for operators and reduces churn rates.”
Key Market Drivers
- Low power consumption
- Availability of ZigBee Remote Control 2.0 standard
- Multi-pairing capability
- Data security
- Two-way communication capability
- Self-programming and configuration
- Frequency agility
- No line-of-sight limitations
- Open standard functionality
- Increase in demand for hybrid STBs
- Development of technologically advanced devices
- Increasing demand for IPTV
Key Market Trends
- Bundled services offered by service providers
- Growing number of smart homes
- Increasing adoption of cloud services
- Transition to dual-stack chips
- Advancements in motion sensors
Key Market Vendors
- ADB SA (Advanced Digital Broadcast)
- AirTies
- ARRIS Group Inc.
- Atmel Corp.
- Cisco Systems Inc.
- Comcast Corp.
- Digi International Inc.
- EchoStar Corp.
- Freescale Semiconductor Inc.
- GreenPeak Technologies
- Nxp Semiconductors
- Pace plc
- Renesas Electronics Corp.
- Silicon Labs Semiconductor India Pvt. Ltd.
- STMicroelectronics NV
- Texas Instruments
- TiVo Inc.
- Verizon Communications Inc.
- ZTE Corp.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global ZigBee STB Market 2015-2019; please send an e-mail to media@TechNavio.com.
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