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Set-top market to reach €12 billion this year, report says

The overall set-top box market, including cable, satellite, IP and hybrid set-tops, will grow modestly in 2012, to $14.7 billion (€12 billion), according to market research firm Infonetics Research.

Its report suggests that future set-top revenue declines will be offset in part by a shift from cable set-tops to hybrid IP/QAM receivers and from satellite set-tops to hybrid IP/DVB-S receivers, the fastest growing set-top segment. It also found that Motorola is maintaining its worldwide revenue share lead among set-top box manufacturers, followed closely by Cisco and Pace.

Infonetics also forecasts that the global video infrastructure market, including IPTV, cable and satellite video infrastructure, will grow by 9% in 2012, to over US$875 million. Much of the future growth in the video infrastructure market will come from MPEG-4 HD encoders, Infonetics said.