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Article: According to In-Stat, Cable Set Top Box Market Looking Strong after Record Growth in 2007.
- Article from:
- Business Wire
- Article date:
- April 30, 2008
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SCOTTSDALE, Ariz. -- In 2007, the cable set top box (STB) market experienced record-setting growth, as both worldwide unit shipments and revenues reached new highs, reports In-Stat (http://www.in-stat.com). Strong demand for basic digital cable set top boxes, especially in the Chinese market, coupled with sustained demand for advanced digital cable set top boxes in the North American market, is fueling the market growth, the high-tech market research firm says.
"The next several years also look bright for this market," says In-Stat analyst Mike Paxton. "In-Stat is forecasting that demand for worldwide digital cable set top boxes will remain strong through 2012, although ...