Published By : 18 Aug 2016 | Published By : QYRESEARCH
GS Group, a Russian holding company recently introduced a fully advanced digital TV set top box featured with Ultra HD 4K support. This new set-top box device is featured with STMicroelectronics processor that enables ultra-speed data processing. Built-in 1TB HDD and Wi-Fi router for a wireless connection are the other features of this device. The company aims to serve the patrons in Russia and spread their business further in other European nations.
Such inventions have motivated other manufacturers of set-top boxes to introduce their products. The increasing sale of set-top boxes has broken the tradition of installing normal cable connections. Clearly, digital set-top boxes have taken over the traditional cable connections. The market for set-top boxes is one of the fastest-growing markets in the technology and media industry.
What has benefited the global set-top boxes market?
The global set-top boxes market is expected to face challenges from PC over the top (OTT) and mobile services and cable card providers. However, the introduction of HEVC decoder in set-top boxes will create new growth opportunities in the global set-top boxes market.