Over 10 Million Android TV Set-Top Boxes Deployed Since 2016 Confirms Technicolor Connected Home's Leadership Position in Market
Growth in Adoption of Android TV Customer Premises Equipment Reflects Demand for Open Connected Home Technologies
According to analysts at Industry Research, global demand for the Android TV STB market is projected to grow at a compound annual growth rate of 24.8% between 2021-2026. Demand has been strong across all geographies, with analysts documenting particularly strong take-up of Android TV in Asia and EMEA.
"As the number one provider of Android TV STBs in the world, Technicolor Connected Home has worked successfully to meet network service provider (NSP) deployment requirements across the globe over the past year. We have met these demands despite the production and supply chain challenges posed by the COVID-19 pandemic," says Mounir Toutah, Video Product Director, Technicolor Connected Home.
This is the latest development in Technicolor Connected Home's ongoing commitment to leveraging open and innovative technologies for network service providers (NSPs) around the world. The ultimate goal is to help NSPs deliver seamless connectivity and premium entertainment experiences to consumers by creating best-in-class CPE and partnering with the most innovative companies in the connected home ecosystem.
Cable, Telco and other PayTV operators around the world continue to rapidly deploy Android TV STBs to support the delivery of a wide array of video and music streaming services or gaming applications in order to meet increasingly stringent demands for the latest entertainment and content services.
"Subscribers appreciate the convenience of streamlining access to video services through NSP provided set-top boxes in the home as well as the added benefit of not incurring additional costs for retail equipment. Android TV has played an important role in improving the overall user experience and level of customer satisfaction, thus reducing churn, while elevating the reach of OTT content providers," says Toutah.
Technicolor Connected Home