The Android TV Box Market Research Report Forecast 2020-2025 is a valuable source of insightful data for business strategists. This Android TV Box Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
According to this study, over the next five years, the Android TV Box market will register a 25.7% CAGR in terms of revenue, the global market size will reach $ 7976.9 million by 2025, from $ 3192.5 million in 2019.
The major key players covered in this report: Amazon, Matricom, HUAWEI, Skyworth, NVIDIA, ZTE, Zidoo, Xiaomi, Dolamee, SkyStreamX, MINIX, and TICTID.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Click Here to Get Free Sample PDF Copy of Latest Research on Android TV Box Market 2019:
The Asia Pacific dominated the overall market for an android set-top box in terms of volume in 2018. A vital factor impacting the growth in the region is an upsurge in the internet and smart TV penetration leading to online data consumption. In addition, rising consumer awareness pertaining to content digitization in emerging countries, such as India, is further expected to propel regional growth. China is one of the leading countries with a strong presence of cost-efficient as well as feature-rich android set-top box manufacturers.
The North America market for android STB is expected to witness substantial growth over the forecast period, registering a CAGR of over 22.0% in terms of volume. Some of the major factors driving the growth of the regional market include the adoption of Ultra-High-Definition (UHD) devices, expansion of UHD content, as well as growing consumer preference for viewing content via subscription-based OTT platforms, such as Netflix and HBO Now. The U.S. is anticipated to dominate the North American region owing to the developing interests, primarily among younger demographics, towards OTT and IPTV platforms. In addition, media consumption in the U.S. has witnessed a significant increase together with a shift from traditional formats towards new-age digital media.
This report segments the global Android TV Box Market based on Types are:
1080P, 4K, Others.
Though 4K technology had a great development in recent years, 1080P Android TV box still took up over 50% market share in 2018.
Based on Application, the Global Android TV Box Market is Segmented into:
Commercial application is the major field of Android TV box, which had more than 77% market share in 2018.
(Special Offer: Get flat 30% discount on this report)
Regions covered By Android TV Box Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Android TV Box Market
– Changing Android TV Box market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Android TV Box market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Android TV Box Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
MarketInsightsReports is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. MarketInsightsReports offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.