UltraHD STB Market to be Worth $3.65 Billion

Grand View Research has predicted that the global UltraHD set top box (STB) market will reach $3.65 billion by 2024. Increasing demand for UHD video content, as well as rising sales of compatible UltraHD TVs and display devices is expected to shape the UHD STB market’s growth prospects. IPTV UHD set top boxes contributed over 20% of the market revenue in 2014 and are anticipated to continue growing over the next eight years.