Growing use of digital television across the globe is anticipated to fuel market expansion for conditional access systems over the course of the forecast period. Throughout the forecast period, rising global use of digital television is anticipated to fuel market expansion for restricted access systems. Throughout the forecast period, the North American conditional access systems market is anticipated to grow rapidly, making it one of the key regions in the worldwide market. This is because rising economies like the United States and Canada are seeing an increase in demand for conditional access systems. Also, there is a lot of disposable income and rapid technical development. The expansion of the local market is anticipated to be boosted. North America held a 30.6% value share of the market for conditional access systems globally in 2021, followed by Europe, Asia Pacific, and Latin America.
According to the Coherent Market Insights, The market for Conditional Access Systems was estimated at US$ 4505.2 million in 2021 and is projected to increase at a CAGR of 11.8% from 2022 to 2030 to reach US$ 12082.9 million.
Key Competitors in the Conditional Access Systems Industry:
1. Alticast Corporation,
The business was established in 1999 and its headquarters are located in South Korea. The GEM-based standards of DVB-MHP, OpenCable/tru2way platform, and Blu-ray Disc are the foundation upon which Alticast Corporation is creating software solutions for interactive television content distribution, reception, and playback.
2. Cisco Systems, Inc.
The company was founded in 1984 and has its headquarters in California, United States. Cisco creates, produces, and markets networking tools, computer software, telecommunications gear, and other high-tech services and goods. Slido, a Q&A and polling platform, was purchased by Cisco on May 3, 2021. Slido offers both standalone products and integrations. Cisco announced its $730 million acquisition of the U.K.-based IMImobile on December 7, 2020.
3. ARRIS Group, Inc.,
The company was established in 1995 and is located in Georgia, United States. The business offers video processing, broadband distribution, access networking, and video devices in addition to its other telecommunications goods and services. Worldwide, the ARRIS Group provides services to the cable, telecom, satellite, broadcasting, and other industries.
4. Nagravision SA (Kudelski Group),
The company was founded in 1951 and is based in Switzerland. The business offers public infrastructure, cybersecurity solutions, Internet of Things goods, and access and administration systems for digital television. The Kudelski Group and Adidas, a leader in the worldwide athletic goods market, signed a technology and intellectual property licence deal in october 2021.
5. China Digital TV Holding Co., Ltd.,
The company was established in 2004 and is based in Beijing, China. The business is a provider of cable TV technologies. In order to manage, expand, and diversify TV content services across homes and public spaces, the company provides solutions to television network operators. The company's primary business is offering cloud platforms.
6. Latens Systems Ltd.
The company was founded in 2002 and has its main office in Belfast, United Kingdom. The company creates software for pay television as well as related services globally. Products from Latens include multi-screen systems, home networking, and recording capabilities.
7. Irdeto, Inc.
The company was founded in 1969 and has its headquarters in Noord-Holland, The Netherlands. A software security and media technology company, Irdeto Inc. By securing digital assets, platforms, and applications, the company defends its clients' brands and businesses. Irdeto relaunched Irdeto ActiveCloak for Media in feb 2023 to guard against the extraction of content encryption keys on devices that are susceptible to attack. Irdeto joined Terkko, Finland's largest health hub, in March 2022.
*Definition: In order to prevent unauthorised users from accessing paid digital broadcast services, conditional access systems (CAS) are a content security solution. By encrypting digital signals during transmission and decrypting them at the user's end, CAS is utilised for content security.
