Asia Pacific Set-Top Box Market Forecast (2016-2023)

Year CHINA INDIA JAPAN REST OF ASIA PACIFIC
2016 $ 2005.5 $ 1473.3 $ 1577.9 $ 1362.9
2017 $ 2153.1 $ 1648.1 $ 1667.7 $ 1486.9
2018 $ 2313.1 $ 1844.8 $ 1763.8 $ 1620.2
2019 $ 2487.2 $ 2066.9 $ 1867.0 $ 1763.4
2020 $ 2677.4 $ 2318.4 $ 1978.5 $ 1917.7
2021 $ 2886.5 $ 2604.2 $ 2099.8 $ 2084.4
2022 $ 3117.6 $ 2930.8 $ 2232.7 $ 2265.3
2023 $ 3375.1 $ 3305.9 $ 2379.5 $ 2462.5
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Asia Pacific Set-Top Box Market Forecast (2016-2023)

Synopsis
The above chart is Global Set-Top Box market [2016-2023] by Asia Pacific

Market Dynamics

China accounted for the largest market share in 2017 in the asia pacific set-top box market, and is expected to reach usd 3375.10 million in 2023 from usd 2153.10 million in 2017. however, india is the fastest growing market, which is expected to grow at a cagr of 12.37% during the forecast period 2018 - 2023. satellite segment accounted for the largest market share in 2017, this market is expected to reach usd 3328.60 million in 2023 from usd 1976.30 million in 2017. this market is projected to grow at a cagr of 9.15% during the forecast period from 2018 - 2023. however, iptv segment is the fastest growing market, which is expected to grow at a cagr of 12.04% during the forecast period 2018 - 2023. high definition segment accounted for the largest market share in 2017, this market is expected to reach usd 4416.80 million in 2023 from usd 2803.30 million in 2017. this market is projected to grow at a cagr of 7.96% during the forecast period from 2018 - 2023. however, 4k segment is the fastest growing market, which is expected to grow at a cagr of 11.86% during the forecast period 2018 - 2023. residential segment accounted for the larger market share in 2017, this market is expected to reach usd 9278.10 million in 2023 from usd 5374.90 million in 2017. this market is projected to grow at a cagr of 9.58% during the forecast period from 2018 - 2023. interactive services segment accounted for the larger market share in 2017, this market is expected to reach usd 7536.00 million in 2023 from usd 4276.20 million in 2017. this market is projected to grow at a cagr of 9.95% during the forecast period from 2018 - 2023. however, interactive services segment is the fastest growing market, which is expected to grow at a cagr of 9.95% during the forecast period 2018 - 2023.

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