Mexico Android STB & TV Market, By Type (USD Million)

Year ANDROID STB ANDROID TV LED OLED QLED OTHERS
2018 $ 1.6 $ 1324.9 $ 503.3 $ 468.3 $ 268.1 $ 85.2
2019 $ 1.8 $ 1473.4 $ 553.5 $ 527.2 $ 298.8 $ 93.9
2020 $ 2.0 $ 1652.6 $ 613.7 $ 598.6 $ 335.9 $ 104.4
2021 $ 2.2 $ 1820.5 $ 668.1 $ 667.5 $ 370.9 $ 114.0
2022 $ 2.5 $ 2027.1 $ 734.9 $ 752.4 $ 414.0 $ 125.8
2023 $ 2.8 $ 2272.1 $ 813.5 $ 853.8 $ 465.1 $ 139.7
2024 $ 3.2 $ 2593.1 $ 916.7 $ 986.4 $ 532.0 $ 158.1
2025 $ 3.7 $ 3038.6 $ 1060.1 $ 1170.1 $ 624.9 $ 183.5
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Mexico Android STB & TV Market, By Type (USD Million)

Synopsis
The above chart is Mexico Android STB & TV Market, By Type (USD Million)

Market Dynamics

the demand for android stbs and tvs in mexico has been on the rise in recent years, fueled by the increasing popularity of streaming services and the growing consumer preference for smart and connected devices. these devices offer a wide range of features and functionalities, making them a desirable option for consumers who want an enhanced viewing experience. one of the main types of android stbs and tvs in demand in mexico is the traditional set-top box. these devices are used to access cable and satellite tv services, giving consumers access to a variety of local and international channels. however, with the rise of streaming services such as netflix, hulu, and amazon prime, there has been a shift towards more advanced smart stbs and tvs. these smart stbs and tvs run on the android operating system, providing users with access to a plethora of apps and services that they can use to customize their viewing experience. with the increasing popularity of video streaming services, these devices have become a popular way for mexican consumers to access their favorite content. another type of android stb and tv that is in demand in mexico is the hybrid set-top box. these devices combine traditional tv services with internet connectivity, allowing users to access both traditional and online content through a single device. this hybrid model has gained traction in mexico, with many users preferring the convenience and flexibility it offers. with the increasing prevalence of streaming services, it is no surprise that android-powered smart tvs are also in high demand in mexico. these tvs come with built-in apps and support for a variety of streaming services, making it easy for consumers to access their favorite shows and movies without the need for any additional devices. in addition to traditional tv and streaming services, android stbs and tvs also offer features such as voice control, gaming, and home automation, further increasing their appeal to consumers. with the ever-growing demand for these devices, manufacturers in mexico are constantly innovating and bringing new and improved models to the market, ensuring that consumers have a wide range of options to choose from.

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