STB Market In India Witnessing Growth

Even if India is currently struggling with its economic scenario, there is one segment in the country that is growing despite of all odds and that is country’s set-top box market. This report was recently revealed in a new research from 6Wresearch.

The analyst in the research firm established that the Indian set-top box market has recorded a total shipments of 5.6 million units in the second quarter of 2013, which is a big consecutive rise of around 5 per cent. And the top three players in terms of driving the market growth comprised Skyworth that leads almost three-fifths of the market claiming 38 per cent of the total sales, while Cisco and Skynet follow with 11 per cent and 10 per cent respectively.

Talking about the technology, the DVB-C type of set-top boxes witnessed the maximum growth as compared to the previous quarter i.e. more than 12 per cent maturation in Q2 2013. The DVB-C type of set-top boxes now represent more than four-fifths of total unit shipments in the India set-top box market in CY Q2 2013. Although a noticeable fact here is that the local STB production on the other hand are experiencing the highest low with quarter-on-quarter decline of 60 per cent.

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