Dell’Oro Group reports that the
worldwide Set-top Box market fell 10 percent sequentially during the third quarter of this year to $2.6 billion. During the third quarter, vendors like Motorola and Cisco, who both have a high degree of exposure to the North American market, saw large contractions in IP STB unit shipments due to the decline in net subscriber additions. In China, Huawei continued its strong growth putting more pressure on ZTE and UTStarcom. ZTE however, retained its grip on being the third largest vendor in the worldwide IP STB market.