TechNavio recognizes the following companies as the key players in Global Conditional Access System Market: Cisco Systems Inc., Nagravision SA, Verimatrix Inc., and ZTE Corp.
Commenting on the report, an analyst from TechNavio’s team said: “Digitization of cable TV is likely to provide consumers with a wider range and variety of channels and better picture quality. It also helps service providers offer more channels at a lower cost to consumers. Consumers can also enjoy high definition audio and video at a lower price. Governments in developing countries, such as India, are also mandating the digitization of cable TV. This process of digitization is expected to increase the demand for STBs during the forecast period, which will, in turn, lead to the growth of Global Conditional Access System market.”
According to the report, there are several factors driving the growth of the Global Conditional Access System market, the primary one being the growing Global STB market. The high demand for STBs, especially in developing countries such as China, India, and Latin America, is driving the growth of the Global Conditional Access System market.
Further, the report states that one of the main challenges hindering the growth of this market is the availability of internet TV. This is proving to be a major substitute for STBs as internet TV does not require any STB to browse through the different channels.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-conditional-access-system-market-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global Conditional Access System Market 2014-2018
