Set-top shipments and revenues down last year
Last year, 222 million digital set-top boxes were shipped, down 1.2% on the 2010 total, according to research from iHS.
The value of the set-top industry also declined, by 2.8% to $20.2 billion (€16 million), with stable free-to-air set-top revenue unable to offset declining pay TV receiver revenues.
Pace remained as the number one pay TV set-top box vendor by shipment volumes, shipping 21.8 million units.
According to iHS, growth in units shipped to 2016 won’t be enough to stop annual revenue declines.