Market Share of Smart Television and Set-Top Box Industry
The Smart Television Market is concentrated due to the high initial investments and few dominant players in the market. Some of the key players are Samsung, TLC, and LG. However, the set-top box market is fragmented due to the presence of multiple players and regional providers. However, the set-top box market can be considered moderately fragmented.
- April 2022 - CommScope teamed with Orange Belgium to equip its subscribers with the latest set-top boxes powered by the Android TV operating system (OS), which can provide live television and premium streaming services.
- November 2021 - The Australian TV operator Foxtel partnered with Commscope to launch its new iQ5 streaming set-top box. The iQ5 STB offers over 50,000 hours of content in 4K UHD. Its stacked design features a detachable 1TB hard drive and access to streaming apps, including Netflix, YouTube, ABC iView, SBS On Demand, Amazon Prime, Vevo, Paramount+, and 10Play. Commscope has provided Foxtel with a fully managed service to design, develop, and deploy its flagship set-top box software for iQ5. It also leans on Commscope's ECO Service Management Solutions for device automation.
Smart Television & Set-Top Box Market Leaders
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Samsung Electronics Co. Ltd
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LG Electronics Inc.
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TCL Electronics Holdings Limited
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Hisense Group
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Xiaomi Corporation
*Disclaimer: Major Players sorted in no particular order
