Set Top Box market grows by 5%
6Wresearch constantly tracks the Indian Set Top Box (STB) market and recently has come up with the Quarterly Tracker for STB. The tracker provides Quarterly information for the total Unit Shipments of STBs in India, including details of total STB imported and manufactured in India. It also captures the unit shipment details pertaining to players, STB types, prices, etc.
Total Shipments for Set-Top Boxes in India amounted to 55, 58,910 units in CY Q2 2013; a 5% increase to the previous 52, 99,426 Unit Shipments of CY Q1 2013. Skyworth still remains the market leader with a market share of 38% followed by Cisco and Skynet.
In CY Q2 2013, the DVB-C type of Set-Top Boxes experienced a growth of more than 12% as compared to CY Q1 2013. Moreover, the DVB-C (Cable) type of Set-Top Boxes represents more than 80% of the total unit shipments for the India Set-Top Box Market in CY Q2 2013. For CY Q2 2013, Skynet with the market share of 10%, replaced Coship as the third-largest player as compared to CY Q1 2013.
Skyworth, Cisco, and Skynet together aggregate 59% of the total market share in terms of Total Unit Shipments for India Set Top Box Market. The Unit Shipments for Skyworth exhibited a remarkable increase of around 71% in CY Q2 2013 as compared to CY Q1 2013. Skynet skyrocketed with the phenomenal growth of whooping 283% for CY Q2 2013. However, Cisco experienced a decline of 10% in Total Unit Shipments for CY Q2 2013.
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