STB shipments to top 1M this year, says In-Stat

EVEN THOUGH WORLDWIDE set top box revenue is predicted to decline slightly in this year due to general maturation of the market, IP set top box shipments will increase by over 1 million units in 2011, according to In-Stat.In its Q1'11 Set Top Box Database Update, the market research firm says that North American IP set top box revenue will increase by 22% this year, even though Latin America and Middle East/Africa are the only regions showing any increase in shipments.“The most interesting development in the market is service provider solutions to distributing content throughout the home,” said Norm Bogen, VP digital entertainment, in...