South Africa Set Top Box Market Size & Outlook, 2023-2030
South Africa Set Top Box Market, 2018-2030 (US$M)
Global Market
Related Markets
South Africa set top box market highlights
- The South Africa set top box market generated a revenue of USD 238.1 million in 2023 and is expected to reach USD 307.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, hd & full hd was the largest revenue generating content quality in 2023.
- 4K & Above is the most lucrative content quality segment registering the fastest growth during the forecast period.
Set top box market data book summary
| Market revenue in 2023 | USD 238.1 million |
| Market revenue in 2030 | USD 307.6 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Hd & full hd |
| Fastest growing segment | 4K & Above |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HD & Full HD, 4K & Above |
| Key market players worldwide | CommScope Holding Co Inc, EchoStar Corp Class A, Huawei Technologies, Samsung Electronics Co Ltd, LG CNS, Coship Electronics, Kaonmedia, Sagemcom, Vantiva |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global set top box market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Egypt set top box market is projected to lead the regional market in terms of revenue in 2030.
- Nigeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 219.2 million by 2030.
The region’s government initiatives for migration to digital TV is anticipated to help grow the demand for set top boxes. The government provided subsidized set top boxes to qualifying citizens that added to the growth of the regional market.
In addition, set top boxes with internet connectivity support is predicted to increase demand for set top boxes with OTT platform support as users can consume content on a big television screen rather than on mobile or other handheld devices.
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Set Top Box Market Scope
Set Top Box Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| EchoStar Corp Class A | View profile | 15,300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | www.echostar.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | huawei.com |
| CommScope Holding Co Inc | View profile | 20,000 | 3642 E. US Highway 70, Claremont, NC, United States, 28610 | www.commscope.com |
| Vantiva | View profile | 5001-10000 | Paris, Ile-de-France, France, Europe | www.vantiva.com |
| LG CNS | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.lgcns.com |
| Coship Electronics | View profile | 251-500 | Shenzhen, Guangdong, China, Asia | www.coship.com |
| Kaonmedia | View profile | 251-500 | Gyeongju, Kyongsang-bukto, South Korea, Asia | www.kaonmedia.com |
| Sagemcom | View profile | 5001-10000 | Rueil-malmaison, Ile-de-France, France, Europe | www.sagemcom.com/ |
South Africa Set Top Box Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Set Top Box Market Outlook will help companies and investors design strategic landscapes.
Hd & Full Hd was the largest segment with a revenue share of 95.09% in 2023.
Horizon Databook has segmented the South Africa set top box market based on hd & full hd, 4k & above covering the revenue growth of each sub-segment from 2018 to 2030.
The region’s government initiatives for migration to digital TV is anticipated to help grow the demand for set top boxes. The government provided subsidized set top boxes to qualifying citizens that added to the growth of the regional market.
In addition, set top boxes with internet connectivity support is predicted to increase demand for set top boxes with OTT platform support as users can consume content on a big television screen rather than on mobile or other handheld devices.
- South Africa Set Top Box Market Content Quality Outlook (Revenue, USD Million , 2018-2030)
- HD & Full HD
- 4K & Above
- South Africa Set Top Box Market Product Outlook (Revenue, USD Million , 2018-2030)
- IPTV
- Satellite
- Cable
- DTT
- OTT
- South Africa Set Top Box Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
- South Africa Set Top Box Market Application Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
- South Africa Set Top Box Market Operating System Outlook (Revenue, USD Million , 2018-2030)
- Android
- Linux
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Set Top Box Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Set Top Box Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Set Top Box Market, 2018-2030 (US$M)
South Africa set top box market statistics, by content quality, 2018-2030 (US$M)
