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North America Hosted PBX Market To Witness Lucrative Growth Through 2027

North America Hosted PBX Market To Hit USD 2.5 Bn By 2027. The ongoing BYOD trend among companies is triggering the expansion of North America hosted PBX market share. With the commercialization of 5G, and the rapid use of VoIP networks, the installation rate is seeing considerable upheaval. With the help of cloud-based communication infrastructure, businesses can cut down their operational expenses.

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North America Hosted PBX Market To Witness Lucrative Growth Through 2027

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  1. North America Set Top Box Market To Witness Lucrative Growth Through 2027 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. North America Set Top Box Market size is projected to cross USD 3.5 Bn by 2027. North America set top box market outlook is forging ahead continually, thanks to the accelerated technological innovation in the telecom industry over the past decade. The growing penetration of internet has made it easier for folks of all ages and socio-economic backgrounds to access entertainment. As per the latest Pew Research Center report, more than 93% of Americans utilize Internet in their day-to-day lives. • Although the first quarter of 2020 was a major blow to the set top box market in North America, the past few months are seeing a fast-paced recovery of losses incurred. The quarantine restrictions enhanced the demand for television sets and set top boxes to a considerable degree, as families looked forward to spending time gathered on their couches and sofas. Binge watching and at-home movie nights have become popular amidst the COVID-19 pandemic. Set-top box dealers are striving to complete their order backlog for maintaining a stable revenue source. • By type, the set top box industry share from the satellite segment accounted for a major share of the total revenue in 2020 and is expected to advance at a high CAGR through the next six years as well. These products can support high quality reception. Impeccable streaming of high definition content with standardized digital format programming, all at an affordable rate. Industry participants are making a considerable headway in terms of technological innovations and several new satellite set top boxes now come with a digital video recording feature. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ https://bit.ly/3AVpgPA Request for customization @ https://bit.ly/3L9mGdz ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. U.S. set top box market size is poised to increase at a high CAGR over the forecast timeframe, supported by the growing spending capacity of Americans. The latest Bureau of Economic Analysis data reveals that the personal disposable incomes of Americans grew by over 2% between February and March 2021. The consumption of household entertainment devices and smart home appliances including home theatres and television sets has been seeing a rising curve over the past few months. • The preference for HD channels, Netflix series, and on-demand content has been growing across the region. The emergence of IPTV set top boxes has risen since OTT platforms such as Amazon Prime, Netflix, Hulu, Hotstar, and Disney+ have gained high degree of adoption. • The development of 4K set-top boxes by the leading players has enabled greater receptivity of ultra-HD channels on digital televisions. North America set top box industry trends indicate considerable inclination toward high pixel resolution for OTT content, alongside a preference for digital technologies integration through 2027. • Hybrid, smart, and android set top boxes featuring voice control are being installed in a lot of homes. New models are generating new prospects for North America set top box market forecast. For instance, in July 2021, Altice USA announced the launch of its new 4K streaming device, Stream, an Android TV-powered set top box that offers access to streaming apps including HBO Max, Netflix, and Disney+. It also connects to thousands of other live channels and apps, alongside voice interaction with Google Assistant. While it is available to Optimum and Suddenlink broadband users for a fee of $5 per month, it is free for top tier 1 gig customers. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Segments of North America Set Top Box Market ; • North America Market, By Type • Cable • Satellite • IPTV/OTT • Hybrid • North America Market,By Recording • DVR • Non-DVR • North America Market, By Sales Channel • Online • Offline ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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