Apple’s “Hobby” Grows to Make It Third Largest Global Set-Top Box Company, IHS Says

Dateline City:
ENGLEWOOD, Colo.

ENGLEWOOD, Colo. (May 31, 2016) – Apple’s popular Apple TV devices have propelled the company into third-ranked position in 2015, based on revenue in the overall global set-top box market, from ninth place in 2014. The surge is courtesy of continued strong growth in consumer retail over-the-top television (OTT) boxes, and the consolidation of the top players of the global set-top box market with Arris's acquisition of Pace and Technicolor's acquisition of Cisco's set-top box division, which were finalized last year.

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