According to a new market report published by Transparency Market Research, the global conditional access system market was valued at US$ 2,694.9 Mn in 2016 and is expected to expand at a CAGR of 6.9% from 2018 to 2026 to reach US$ 5,381.2 Mn by the end of the forecast period.
According to the report, North America was a significant contributor, in terms of revenue, to the conditional access systems market in 2016. With high adoption of advanced services such as high definition (HD) television, internet protocol television (IPTV), and others, North America is expected to maintain its dominant position in the market throughout the forecast period.
Conditional access systems (CAS) are 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 consumers. The card-less conditional access systems are being increasingly adopted by consumers.
Card-less conditional access systems have the capacity to eliminate logistical expenses and complexity associated with smart card distribution and replacement. Card-less conditional access system is a lucrative segment that is projected to expand during the forecast period. This is largely due to the rise in adoption of these systems among consumers.
The most significant factor fuelling the expansion of the conditional access systems market is the rapid transition from analog to digital transmission. With a rise in demand for digital television set-top boxes, the conditional access systems market is expected to expand at a rapid pace in the coming years.
Apart from this, continuous advancements in the broadcast and media industry are expected to create new opportunities for the conditional access system market. The global conditional access system market was valued at US$ 2,909.0 Mn in 2017 and is anticipated to expand at a CAGR of 6.9% during the forecast period.
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The conditional access systems market offers significant expansion opportunities with the development of cloud-based CAS for multiple devices. Cloud-based CAS includes content security management, which if offered remotely through a hosted conditional access solution.
This reduces the upgrade and other operational costs related to CAS. Cloud-based CAS are designed to provide high-level content security for any type of content and on any type of network. Partnership with different service providers and telecommunication companies and development of conditional access solutions for high-quality television services have emerged as key trends in the market.
Key players in the global conditional access systems market include Cisco Systems, Inc., Kudelski Group (Nagravision SA), 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, ABV International Pte. Ltd., Sumavision Technologies Co., Ltd., Sumavision Technologies Co., Ltd., and ARRIS Group, Inc.