Hibox Systems Ltd., a privately owned Finnish company founded in 2005, provides interactive information and entertainment solutions. Employing approximately 40 people, the company's main product focuses on user experience and devices. Hibox's middleware platform serves various sectors, including hotels, internet service providers, broadband providers, and healthcare facilities, primarily for IPTV and OTT applications. As of 2023, Hibox Systems, a subsidiary of Accedo, reported revenues under $10 million.
Market research projects the global Hotel Housekeeping Management Software market to experience significant growth, increasing from $8.74 billion in 2024 to approximately $19.05 billion by 2031, at a compound annual growth rate of 13.87%. The high costs associated with providing and maintaining various devices in hotel rooms, including entertainment systems and communication equipment, are a significant factor within the hospitality industry. A complete transition to HDTV broadcasts for hotels is expected by the beginning of 2025, with specific dates for the discontinuation of standard definition channels to be announced by Digita.
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Hibox Systems offers 2 products in the media tech industry. Hibox Systems's product portfolio comprises of user experience and devices.
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Hibox Systems's revenues were less than $10M in 2023. All the revenue comes from cPE middleware / OS.
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Hibox Systems's customers primarily consist of telecoms and pay TV services companies. Examples of Hibox Systems's customers include Solcon, DNA Oyj and Liberty Latin America. Hibox Systems has commercial and technical partners like Verimatrix, AirTies and Amino.
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