Conditional Access Systems Market Expected to Reach US$ 4.73 Billion by 2022, Growing at CAGR of 10.3% From 2015 to 2022: Transparency Market Research
Conditional Access Systems Market Expected to Reach US$ 4.73 Billion by 2022, Growing at CAGR of 10.3% From 2015 to 2022: Transparency Market Research
ALBANY, New York, July 7, 2015 /PRNewswire/ --
According to a new market report published by Transparency Market Research Conditional
Access Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2015 - 2022", the global conditional access systems market was valued at US$ 2,089.3 Mn
in 2014 and is estimated to reach US$ 4,727.3 Mn by 2022, growing at a CAGR of 10.3% from
2015 to 2022. North America was the largest contributor, in terms of revenue to the
conditional access systems market in 2014. With high adoption of advanced services such as
high definition (HD) television service, internet protocol television (IPTV) and others,
North America is expected to hold its dominant position throughout the forecast period.
However, Asia Pacific is projected to be the fastest growing market for conditional
access solutions during the forecast period, growing at a CAGR of 12.2% from 2015 to 2022.
The market growth of conditional access systems in Asia Pacific region is mainly driven by
the rapidly growing analog to digital television switchover in India and China. Another
significant factor boosting the market growth is the growing penetration of internet-based
services in the region.
Full research report on Conditional Access Systems Market with detailed figures and
segmentation
at: http://www.transparencymarketresearch.com/conditional-access-system-market.html
Conditional access systems (CAS) are the content protection solutions used for
controlling unauthorized access to audio as well as video content. These systems are
deployed at the receiving end i.e. set-tops boxes of the consumers. The most significant
factor fuelling the growth of conditional access systems market is the rapidly growing
television transition from analog to digital transmission. With the rising demand for
digital television set-top boxes, the market for conditional access systems is predicted
to witness high growth in the coming years. Another significant factor responsible for the
growth of conditional access systems market is the increasing advancements in broadcast
media industry.
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Most of the households in regions such as North America, Western Europe and others
receive high definition (HD) television broadcast. Due to growing technological shift in
the television industry, the demand for next-generation conditional access solutions is
estimated to grow substantially during the forecast period. Furthermore, the demand for
conditional access systems is also driven by the growing adoption of internet protocol
television (IPTV) and digital radio services across different regions. However, the
profitability of conditional access systems is majorly hindered due to regions with less
customer base such as Africa.
Browse the Press Release of this report,
here: http://www.transparencymarketresearch.com/pressrelease/conditional-access-system-market.htm
The global market for conditional access systems is segmented on the basis of solution
type, applications and geographic regions. On the basis of solution type, the global
conditional access systems market is segmented into smartcard-based CAS and card-less CAS.
In 2014, the smartcard-based CAS segment accounted for the largest market share of around
66.0%, in terms of revenue, of the global conditional access systems market.
Smartcard-based CAS is the traditional solution based on smartcard which is installed on
the consumer receiver device. Card-less CAS accounted for a lower share of around 34.0% in
2014, of the global CAS market. However, due to low operational costs and better security
offered by these solutions, the demand for card-less CAS is predicted to witness highest
growth during the forecast period. Furthermore, on the basis of applications, the global
conditional access systems market is segmented into television, internet services and
digital radio. In 2014, the television segment accounted for the largest share of around
72%, in terms of revenue, of the global conditional access systems market. This was
majorly due to high penetration of digital television in North America, Western Europe and
other developed regions across the world. Television segment is estimated to hold its
dominant position, growing at a CAGR of 10.3%, during the forecast period with rapidly
growing adoption of digital television in Asia Pacific, Latin America, Eastern Europe and
other developing regions.
Browse the Article of this report, here:
http://www.transparencymarketresearch.com/article/conditional-access-system-market.htm
On the basis of geographic regions, North America led the global conditional access
systems market in 2014, with a share of around 32% of the total market. High penetration
of digital television and IPTV is the most significant factor responsible for this
growth.The global conditional access systems market include different players such as
Cisco Systems, Inc., Nagravision SA (Kudelski Group), China Digital TV Holding Co., Ltd.,
Verimatrix, Inc., Irdeto, Inc., Viaccess-Orca (Orange Group), Austrian Broadcasting
Services GmbH & Co. KG (ORS Group), Coretrust, Inc., Wellav Technologies Ltd., Alticast
Corporation, Latens Systems Ltd. and ARRIS Group, Inc.The report studies the global
conditional access systems market, and provides estimates in terms of revenue (US$ Mn)
from 2012 to 2022. The market estimates are provided on the basis of solution type,
applications and geographic regions. The market has been segmented as follows:
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Market Segmentation of Global Conditional Access Systems Market:
Conditional Access Systems Market, by Solution Type
- Smartcard-based CAS
- Card-less CAS
Conditional Access Systems Market, by Application
- Television
- Internet Services
- Digital Radio
Conditional Access Systems Market, by Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
- Latin America
Browse All Technology and Media Research Reports:
http://www.transparencymarketresearch.com/technology-market-reports-8.html
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