Pace is pleased to announce that research company, IHS Screen Digest, has confirmed Pace as global leader in the set-top box market. Findings released by industry analysts IHS Screen Digest yesterday, reveal that Pace shipped more set-top boxes in 2010 than any other set-top box developer.
IHS Screen Digest figures show that a major increase in its set-top box sales propelled Pace to number one in the global market in 2010, surpassing previous leader Motorola.
Pace has delivered incredible development over the past three years, securing a leadership position by creating and delivering set-top box technology - particularly HD, PVR and hybrid devices - for over 160 of the world's payTV operators. No other set-top box developer has such a broad product and broadcast platform expertise.
Pace's ability to secure its position at the forefront of the set-top box market was propelled by particularly strong performances in both North and South America. Tom Morrod, head of TV technology, IHS Screen Digest, commented: "Pace has been voraciously taking market share from U.S. incumbents with high-volume deals such as selling boxes to Comcast. The company also fostered new big-volume customers like Net Servicios in Brazil."
2010 was a record year for Pace. The company further increased its revenues and profitability, expanded its global customer base, moved into new markets, developed new technologies and, through acquisitions, significantly expanded its product offerings to include advanced gateways, software and services.