Set-top box manufacturers Arris, Cisco, EchoStar struggle to keep up with changing market

Cable STB marketThe set-top box may be the hub of the pay-TV consumer's living room, but it's clear that a number of factors such as cloud-based platforms and a consolidating industry is taking its toll on the industry segment.

Cloud is a big contributor to the decline in STB revenues from industry leaders such as Arris/Pace, Cisco, Technicolor, EchoStar and others. A recent study by IHS revealed that global pay-TV set-top market receded in 2014 for the first time since 2002, dropping 4 percent to $15.3 billion in global revenue. Dan Frankel, addresses the changes taking place in the STB market. Check out FierceCable's new report here.