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.

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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.

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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

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