IP set-top box sales to reach US$ 3bn by 2012

May 8, 2008 – Shipments of IP set-top boxes worldwide will grow at a compound annual growth rate (CAGR) of 37.1% through the end of 2012 and represent annual revenues of US$ 3bn by the end of this period, according to new research by IMS Research.

The study, entitled “IPTV: A Global Market Analysis – 2008 Edition”, also projects that IP and digital terrestrial hybrid set-top boxes are expected to account for 30% of shipments in 2012, with high-definition DVRs to account for nearly 35%.

“HD IP set-top box shipments are forecast to grow as uptake of HD IPTV services in the US, Korea, Japan and Western Europe begins to accelerate in the near to intermediate term,” said Shane Walker, Analyst for IMS Research and author of the study.  “DVR functionality is gaining traction, especially in the areas previously mentioned, with DVR-enabled boxes expected to grow to nearly 10mn units at the end of the forecast.  In addition to HD and DVR functionality, we expect hybrid boxes (including satellite + IP and cable + IP) to be installed in the majority of households receiving a TV service via IP from an operator.”