Albany, NY, Feb. 18, 2016 (GLOBE NEWSWIRE) -- A recent research report published by Transparency Market Research projects the global conditional access systems market to expand at a CAGR of 10.3% during the period between 2015 and 2022. The report, titled “Conditional Access Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022”, estimates the global conditional access systems market to be worth US$4.72bn by 2022. The market stood at a valuation of US$2.08bnin 2014.
Conditional access systems (CAS), also known as revenue security solutions, offer content security solutions that restrict unauthorized subscribers from accessing paid digital broadcast services. Conditional access systems protect service providers against revenue losses. The growing penetration of digital television worldwide, coupled with advancements in the broadcast media industry have boosted the growth of the global conditional access systems market. However, higher operating costs in regions with small customer base will restrict the market growth during the forecast horizon.
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The overall conditional access systems market has a huge opportunity to grow with the development of cloud-based CAS for multiple devices. Partnership with different service providers and telecommunication companies, along with the development of conditional access solutions for high-quality television services has emerged as a key trend in the market.
According to solution type, the report segments the global conditional access systems market into smartcard-based CAS and card-less CAS. The smartcard-based CAS segment was the largest segment in the market in 2014 and accounted for around 66.0% share in the market. Smartcard-based CAS is the conventional solution based on a smartcard, which is installed on the consumer’s receiver device. Though card-less CAS has not been extensively adopted by service providers, low operational costs and better security offered by these solutions will boost the demand from the segment during the forecast horizon.
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In terms of application, the global conditional access systems market has been classified into internet services, television, and digital radio. The high penetration of digital television across Western Europe, North America, and other developed nations has led the television segment to account for the largest share in the market. During the forecast period, the segment is expected to register robust growth at a CAGR of 10.3% owing to the growing adoption of digital television across Latin America, Asia Pacific, Eastern Europe, and other developing regions.
The report segments the global conditional access systems market into five key regions: Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. North America led the overall market in 2014 with 32% share in the market. The rapid growth of the market in North America can be attributed to the high adoption of IPTV and digital television in the region.
The report profiles some of the key players in the global conditional access systems market such as Nagravision SA (Kudelski Group), Cisco Systems Inc., Alticast Corporation, China Digital TV Holding Co. Ltd., Irdeto Inc., Verimatrix, Inc., Latens Systems Ltd., Viaccess-Orca (Orange Group), Coretrust Inc., Austrian Broadcasting Services GmbH & Co. KG (ORS Group), Wellav Technologies Ltd., and ARRIS Group Inc.
Conditional Access Systems Market Segmentation:
Conditional Access Systems Market, by Solution Type
- Smartcard-based CAS
- Card-less CAS
Conditional Access Systems Market, by Application
- Internet Services
- Digital Radio
Conditional Access Systems Market, by Geography
- North America
- Asia Pacific
- Middle East and Africa (MEA)
- Latin America
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Source:Transparency Market Research