(MENAFNEditorial)
Fast Market Research announces the availability of Technavio's new report "Global Conditional Access System Market 2015-2019" on their comprehensive research portal.
CAS refers to a technology that is used for controlling access to digital TVs digital data broadcast digital radio broadcast and interactive services by encoding the broadcast. CAS uses encryption and signal scrambling software to prevent unauthorized access to digital content. It also protects the integrity of broadcast systems to ensure that content owners broadcasters and distributors have the ability to monetize and collect fees for access to content. This helps content owners to distribute digital content while protecting it from replication and unauthorized access.
Technavio's analysts forecast the global CAS market to grow at a CAGR of (2.99)% over the period 2014-2019.
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Commenting on the report an analyst from Technavio’s team said: “The active participation by operators in APAC has led to a wide acceptance of IPTV in countries such as China Japan and South Korea. In 2014 China had the highest IPTV subscriber base of 24.78 million. The operators in this region have been rigorously promoting their services to increase their customer base and revenue. The increased broadband penetration has also contributed to the acceptance of IPTV. Increasing consumer interest reaping the benefits of value-added services in IPTV with low installation costs is also contributing to the growth of the market in this region.”
According to the report consumers prefer hybrid STBs as they can use TVs to watch digital video broadcasts to access the Internet and also for performing home automation functions such as controlling temperature lighting and controlling security systems. Apart from providing a better quality picture recording options VOD and other broadcasting services; STBs enable consumers to use their TVs to access the internet and perform other functions such as controlling temperature lighting and security systems of a smart home. This will require a configurable device such as a CAS module to control all the functionalities.
Further the report states that rising material costs and the emergence of local players have led to price wars among vendors resulting in a decline in profit margins.
The key players in the Global Conditional Access System Market are China Digital TV Cisco Systems Nagravision Orange Verimatrix and ZTE while other prominent vendors include Arris Group Beyond Broadband Technology BS Conditional Access Systems Compunicate Technologies Conax Coretrust Ericsson Irdeto Latens Systems STMicroelectronics and Wellav Technologies
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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