Android Set-Top Box Market Demand to Escalate Noticeably with Revenue $695.9 Million By 2025 “The global android set-top box market size is estimated to reach USD 695.9 million by 2025 and is projected to grow at a CAGR of 19.5% over the forecast period 2019 to 2025. Several factors such as changing consumer media experiences and increasing trends of IPTV/OTT platforms including Amazon OTT and Netflix are projected to spur the market growth in the next few years.”
Global Android Set-Top Box Market study includes In-depth Analysis of the market by latest technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Android set-top box Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Android set-top box Business, Market Share of Product, Application and Regional Scope of Android set-top box which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making. The global android set-top box market size is estimated to reach USD 695.9 million by 2025 and is projected to grow at a CAGR of 19.5% over the forecast period 2019 to 2025. Several factors such as changing consumer media experiences and increasing trends of IPTV/OTT platforms including Amazon OTT and Netflix are projected to spur the market growth in the next few years. Android set-top box (STB) is projected to gain momentum among consumers due to the rising popularity of internetbased STB and growing demand for superior video content. The tech-savvy individuals find it easy using android devices owing to its suitable user interface. In addition, changing preference from analog to digital TV and supportive government initiatives are driving the adoption of android based STB. For example, the Telecom regulatory authority of India (TRAI) has planned to close down the transmission of the analog device by 2023. This factor is expected to propel the demand for digital media in India.
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