In what may be seen as a demonstration of the maturity of the market, a new In-Stat survey has found that a million more shipments in IP set top boxes (STBs) will not offset an overall decline in revenues.

Indeed the analyst’s 1Q'11 Set Top Box Database Update found that Latin America and Middle East/Africa would be the only regions showing any increase in shipments. Nearly 670,000 cable STBs are likely to be shipped in the former region in Q3’11.

However, for North America alone, IP set top box revenue will increase by 22% in 2011. Overall, the research found that in 2011, 17% of all set top boxes will include a DVR and that just under three-quarters (72%) of all satellite set top boxes in Europe will support HD video.

“The most interesting development in the market is service provider solutions to distributing content throughout the home,” commented Norm Bogen, VP Digital Entertainment. “DirecTV, for example, supplies a satellite STB as the ‘big box’ in the home’s media canter while providing IP STBs, now referred to as ‘thin IP clients’, for delivering content to different rooms in the home. This is certainly impacting the IP STB market in a positive way.”