Global Set-Top Box (STB) shipments are expected to rise in 2009 due to rising demand from Asia and from products supporting High Definition (HD), Digital Video Recording and Internet Protocol Television (IPTV), according to iSuppli Corp.
Worldwide STB shipments are set to grow to 136.7 million units in 2009, up 4.2% from 131.2 million in 2008. Shipments will rise to nearly 200 million systems by 2013, growing at a Compound Annual Growth Rate (CAGR) of 9% during the forecast period. STB sales have continued to expand during the worse phase of the current downturn.
Shipments of premium boxes in 2008 almost doubled to 22.4 million systems, said iSuppli. This growth will continue to be substantial in 2009, with a 28% rise.
Among premium boxes, HD STBs are on their way to becoming the new standard in the home. Shipments of these boxes are set to grow at a 22.8% CAGR between 2008 and 2013, and by the end of the forecast period will take the lead in market share, said iSuppli. This is being helped by a number of factors, including HD display sales, increasing access to broadband technology and improving HD content from service providers.
DVR-enabled boxes are growing at a rapid rate as well and will maintain a CAGR of 18% through 2013, said iSuppli. The plummeting cost of hardware—especially Hard Disk Drives (HDDs)—is making the DVR HDD a more affordable purchase for consumers. However, rising sales of whole-home DVRs used as in-home media servers will continue to push sales of non-DVR boxes that act as clients to a central STB containing a hard drive.
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