UHD in India Set for Growth

A report from US research firm Grand View Research says that the global 4K STB market will reach $7.18 billion by 2024, with growing UltraHD viewing contributing to this. Over the next eight years, India will be a leader in the growth in the APAC sector, which in 2015 had a market value of $50 million. Several Indian DTH operators have launched UHD STBs, and are trying to increase rural coverage with affordable regional packages, backed up by government initiatives.