NEW YORK, Dec. 10, 2021 /PRNewswire/ — The UHD TV market share growth by the 4K segment will be significant for revenue generation. The increased demand for 4K resolution will stem from developing countries, especially China. The demand for larger screen sizes from countries such as the US and the UK, in addition to China, Japan, and South Korea, will contribute to the segment growth.
The UHD TV market is set to grow by USD 56.99 billion at a CAGR of 15.00% from 2020 to 2025, according to the latest research report from Technavio.
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The UHD TV market covers the following areas:
- UHD TV Market Sizing
- UHD TV Market Forecast
- UHD TV Market Analysis
The UHD TV market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies demand for UHD TV as one of the major factors driving the growth of the market. However, factors such as the lack of 4K content may impede the market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The UHD TV market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on market growth.
The UHD TV market analysis includes segmentation by resolution (4K and 8K) and geography (APAC, North America, Europe, MEA, and South America). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
39% of the growth will originate from APAC for the UHD TV market. South Korea (Republic of Korea) and China are the key markets for UHD TV in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The rising number of dual-income households will facilitate the UHD TV market growth in APAC over the forecast period
Technavio’s market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
Companies Mentioned
The UHD TV market is fragmented and the vendors are deploying growth strategies such as introducing advanced technologies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Haier Smart Home Co. Ltd.
- Hisense International Co. Ltd.
- Koninklijke Philips NV
- LG Electronics Inc.
- MIRC Electronics Ltd.
- Panasonic Corp.
- Samsung Electronics Co. Ltd.
- Skyworth Group Ltd.
- Sony Corp.
- Toshiba Corp.
The UHD TV market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
UHD TV Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 15.00%
Market growth 2021-2025
USD 56.99 billion
Market structure
Fragmented
YoY growth (%)
14.04
Regional analysis
APAC, North America, Europe, MEA, and South America
Performing market contribution
APAC at 39%
Key consumer countries
US, China, South Korea (Republic of Korea), Germany, and Canada
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Haier Smart Home Co. Ltd., Hisense International Co. Ltd. , Koninklijke Philips NV, LG Electronics Inc., MIRC Electronics Ltd., Panasonic Corp., Samsung Electronics Co. Ltd., Skyworth Group Ltd., Sony Corp., and Toshiba Corp.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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SOURCE Technavio
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