According to Frost & Sullivan, the global set top box market has been experiencing significant growth, largely due to the emergence of IPTV, DVRs, and the growing popularity of HDTV. With consumers demanding increased control over the TV viewing experience, there has been a continuous rise in the use of set top box technology across the world.

New analysis from Frost & Sullivan, World Set Top Box Semiconductors Markets, reveals that this market earned revenues of $1.77 billion in 2006 and estimates it to reach $4.23 billion in 2010.