According to a new market research report published by Credence Research “Conditional Access Systems Market (Smartcard-based and Card-less CAS; Television, Internet Services and Digital Radio) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the global conditional access systems market was valued at US$ 2,364.7 Mn in 2014 and is estimated to expand with a CAGR of 10.5% from 2015 to 2022.
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Market Insights
Conditional access system is content protection solution used to restrict the piracy of broadcasting service. These solutions are designed restrict access to any unauthorized user thereby protecting the revenue loss of service providers. The conditional access systems market is segmented on the basis of types into smartcard-based and card-less CAS. Currently, the smartcard-based CAS segment dominates the global market. This is mainly due to the prolonged existence of these CAS as compared to card-less CAS. Card-less CAS are software-based solutions which eliminates the need for any additional physical chip in the receiver. In the coming years, the card-less CAS segment is projected to register the highest growth mainly due to its low cost and better security features.
On the basis of applications, the conditional access systems market is segmented into television, digital radio and internet services. The market is currently dominated by the television segment. With increasing penetration of digital television coupled with the mandatory digital television transition, the demand for set-top boxes is expected to remain high in the coming years. Since conditional access solutions form a component of set-top boxes, the digital television transition is expected spur the CAS market growth extensively in the next few years. Thus, the segment is expected to retain its dominant position throughout the forecast period. Further, with advent of internet services, the segment is expected to achieve the highest growth rate during the forecast period.
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Competitive Insights:
The global conditional access systems market is highly consolidated in nature with few top players contributing more than 60% of the total market revenue. Major players operating in the market are Cisco Systems, Inc., Nagravision SA (Kudelski Group), China Digital TV Holding Co., Ltd. and others. These companies primarily focus on partnership and acquisition of other companies in the industry. This helps the conditional access solutions vendors in well establishing their international presence. Additionally, due to intense competition in the market, these companies also focus on development of conditional access solutions for HD and UHD television services.
Key Trends:
• Shift towards cloud-based conditional access solutions
• Providing advanced conditional access solutions for HD and UHD television service
• Acquisition/partnership with existing players in the industry
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