‘Contraction’ to Persist in Global Market for Set-Top Boxes: ABI

A combination of factors drove set-top box shipments to another decline in 2021, including the migration to streaming, market saturation, consumer cost-cutting measures and supply chain constraints, reported ABI Research Thursday. ”Subdued demand” will cause continued market “contraction,” with annual shipments declining to 195.2 million units globally in 2025 from 203.1 million in 2022, it said. ABI projects that shipments thereafter will “level off” at around 194 million set-tops between 2025 and 2028. “Vendors must adapt to remain competitive in a contracting market,” said ABI. “To counter the competition from streaming, particularly in mature markets, vendors should look to develop more hybrid set-top boxes that integrate streaming services.”