The Europe Android Set-Top Box Market is expected to witness market growth of 3.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Android Set-Top Box Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $426.5 million by 2031. The UK market is exhibiting a CAGR of 2.9% during 2024-2031. Additionally, the France market would witness a CAGR of 4.6% during 2024-2031.
Many Android STBs allow users to watch live TV channels, including local news, sports events, and entertainment programs. This feature caters to traditional TV viewers who prefer not to lose access to their favourite linear channels.
With the proliferation of cloud gaming services and Android games, these set-top boxes can serve as gaming consoles. Users can play a variety of games directly on their TVs, enjoying a console-like experience without the need for additional hardware. Android set-top boxes can also act as central hubs for smart home devices, allowing users to control lights, thermostats, security cameras, and other connected appliances directly from their TVs.
The European Union’s commitment to urban cohesion policy from 2021 to 2027 will accelerate this trend further. Establishing the new European Urban Initiative (EUI) and allocating at least 6% of the European Regional Development Fund towards sustainable urban development strategies underline the EU’s focus on improving urban living conditions. This focus on urbanization will likely increase the demand for integrated technology solutions that simplify and enhance daily life. As these trends continue to evolve, the Android set-top box market is positioned for significant growth, driven by the demands of an increasingly urbanized European population seeking smart, integrated solutions for their homes and entertainment needs.
The Germany market dominated the Europe Android Set-Top Box Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $426.5 million by 2031. The UK market is exhibiting a CAGR of 2.9% during 2024-2031. Additionally, the France market would witness a CAGR of 4.6% during 2024-2031.
Many Android STBs allow users to watch live TV channels, including local news, sports events, and entertainment programs. This feature caters to traditional TV viewers who prefer not to lose access to their favourite linear channels.
With the proliferation of cloud gaming services and Android games, these set-top boxes can serve as gaming consoles. Users can play a variety of games directly on their TVs, enjoying a console-like experience without the need for additional hardware. Android set-top boxes can also act as central hubs for smart home devices, allowing users to control lights, thermostats, security cameras, and other connected appliances directly from their TVs.
The European Union’s commitment to urban cohesion policy from 2021 to 2027 will accelerate this trend further. Establishing the new European Urban Initiative (EUI) and allocating at least 6% of the European Regional Development Fund towards sustainable urban development strategies underline the EU’s focus on improving urban living conditions. This focus on urbanization will likely increase the demand for integrated technology solutions that simplify and enhance daily life. As these trends continue to evolve, the Android set-top box market is positioned for significant growth, driven by the demands of an increasingly urbanized European population seeking smart, integrated solutions for their homes and entertainment needs.
List of Key Companies Profiled
- CommScope Holding Company, Inc.
- Shenzhen Coship Electronics Co., Ltd.
- Evolution Digital
- HUMAX Electronics Co., Ltd.
- KAON Group Co., Ltd.
- NVIDIA Corporation
- com, Inc.
- Xiaomi Corporation
- SDMC Technology Co., Ltd.
- Shenzhen Skyworth Digital Technology Co. Ltd.
Market Report Segmentation
By Content Quality
- HD & Full HD
- 4K & Above
By Distribution Channel
- Offline
- Online
By Application
- Residential
- Commercial
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Europe Android Set-Top Box Market by Content Quality
Chapter 6. Europe Android Set-Top Box Market by Distribution Channel
Chapter 7. Europe Android Set-Top Box Market by Application
Chapter 8. Europe Android Set-Top Box Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the leading companies profiled in this Europe Android Set-Top Box Market report include:- CommScope Holding Company, Inc.
- Shenzhen Coship Electronics Co., Ltd.
- Evolution Digital
- HUMAX Electronics Co., Ltd.
- KAON Group Co., Ltd.
- NVIDIA Corporation
- Amazon.com, Inc.
- Xiaomi Corporation
- SDMC Technology Co., Ltd.
- Shenzhen Skyworth Digital Technology Co. Ltd.
Methodology
LOADING...
