Indian STB market on the rise
Joseph O'Halloran | 27-08-2013
The general state of the country’s economy may not be too healthy right now but there’s nothing on the wane about India’s set top box market according to new research from 6Wresearch.
The analyst found that the Indian set top box market recorded total shipments of 5.6 million units in the second quarter of 2013, a sequential rise of 5%.
In term of those driving the market, the top three players comprised almost three-fifths of the market which was led by Skyworth, accounting for 38% of sales, followed by Cisco and Skynet with 11% and 10% respectively.
Looking at technology, in Q2 2013, the DVB-C type of Set Top Boxes experienced a growth of more than 12% compared with the previous quarter and now represents more than four-fifths of total unit shipments for the India set top box market in CY Q2 2013. However local STB production exhibited a quarter on quarter decline of 60%.