The Indian market for set-top boxes will see substantial growth through 2017 thanks to a number of factors which include the introduction of Conditional Access Systems (CAS), mandatory government regulations, the popularity of DTH platforms and declining STB prices, according to a new report from local research firm 6Wresearch.
There are predicted to be 67.5mn units shipped in 2017, representing a cumulative growth of 28.5% from 2012.
The government target of complete digital switchover by 2014 is expected to increase demand for set-top boxes exponentially, although many commentators believe this target is unlikely to be achieved on time.
At present, out of IndiaÃ¢Â€Â™s total pay-TV subscriber base, 67.3% receive cable TV services, followed by DTH and IPTV. Around 93.5% of the countryÃ¢Â€Â™s cable TV subscribers are still receiving analogue services.
6Wresearch identifies the following companies as top players in the Indian STB market: Huawei, Pace, Cisco, Chang Hong, Skyworth, Humax, Technicolor, EchoStar, MCBS, Indieon Technologies and Bharat Electronics.