4K TV Market to Notice Exponential CAGR Growth of 13.92% Forecast by 2029, Size, Share, Trends, Revenue Statistics, Regional Overview and Key Player Analysis
Data Bridge Market Research
10 min read
Data Bridge Market Research
The increase in need to provide televisions at affordable prices across the globe acts as one of the major factors driving the growth of 4K TV market
LONDON, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Data Bridge Market Research has recently published comprehensive business research on "Global 4K TV Market" including historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. 4K TV Market research report gives critical information about the market and business landscape. It suggests how the company is perceived by the target customers and clients that are desired to reach. The report helps understand how to connect with customers, how to stack up against the competition, and how to plan the next steps. It plays an important role in the process of developing products and services, bringing them to the marketplace, and marketing them to consumers. For many businesses, the 4K TV Market report acts as a key component in developing marketing strategy by providing a fact-based foundation for estimating sales and profitability.
The 4K TV market is expected to witness market growth at a rate of 13.92% in the forecast period of 2022 to 2029. Data Bridge Market Research report on 4K TV market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications globally is escalating the growth of 4K TV market.
The increase in need to provide televisions at affordable prices across the globe acts as one of the major factors driving the growth of 4K TV market. The rise in production capacities and constant pressure for price reduction exerted by the retailers to decline in Ultra High Definition (UHD) TV prices accelerate the market growth. The technological advancements in television-sizes and their resolutions further influence the market. Additionally, surge in investments, growth in the electronics industry, rise in awareness and change in preference among professional filmmakers positively affect the 4K TV market. Furthermore, advancements in the product extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the 4K TV is expected to obstruct the market growth. The high competition among players is projected to challenge the 4K TV market in the forecast period of 2022-2029.
Key Market Competitors Covered in the Report are:
LG Electronics, Inc
Panasonic Corporation
SAMSUNG
Sharp Corporation
CHANGHONG
Hisense
RGB Electronics Co.,Ltd
Sony Corporation
VIZIO, Inc
Vu Television
Toshiba Corporation
Koninklijke Philips N.V
Sceptre Incorporated
Hitachi, Ltd
Skyworth India Electronics Pvt Ltd
Haier Inc
Videocon Industries Limited
Recent Development:
In May 2020, LG has launched its 4K ultra HD smart LED TV, featured with high resolution screen of (3840 x 2160 pixels) and 43 Inch screen size. This product launch will help the company to enhance its product portfolio in the market.
To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the 4K TV market.
To provide insights about factors affecting the market growth. To analyze the 4K TV market based on various factors-price analysis, supply chain analysis, Porte five force analysis etc.
To provide historically and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries-North America, Europe, Asia, Latin America and Rest of the World.
To provide country-level analysis of the market with respect to the current market size and future prospective.
To provide country-level analysis of the market for segment by application, product type and sub-segments.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the 4K TV market.
Global 4K TV Market Scope and Market Size
The 4K TV market is segmented on the basis of technology, screen size and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of technology, the 4K TV market is segmented into LCD/IPS, OLED, and quantum dot.
Based on screen size, 4K TV market has been segmented into below 55 inches, 55-65 inches, and above 65 inches.
4K TV has also been segmented on the basis of end user into residential, and commercial.
4K TV Market Country Level Analysis
The countries covered in the 4K TV Market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific (APAC) dominates the 4K TV market due to the mass availability of 4K TVs and low price offerings within the region. North America is expected to witness highest growth during the forecast period of 2022 to 2029 because of the rise in trend of 4K TV in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data
This 4K TV market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on 4K TV market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The investment made in the study would provide you access to information such as:
Smart Television (T.V.) Market, By Resolution (4K UHD TV, HDTV, Full HD T.V., 8K T.V.), Screen Size (Below 32 inches, 32 to 45 inches, 46 to 55 inches, 56 to 65 inches, Above 65 inches), Type (Flat, Curved), Technology (OLED, QLED, LED, Plasma, Others), Platform (Android, Roku, WebOS, Tizen O.S., iOS, MyHomeScreen, Others), Distribution Channel (Direct, Indirect) – Industry Trends and Forecast to 2029: https://www.databridgemarketresearch.com/reports/global-smart-tv-market
Internet Protocol Television (IPTV) Market, By Subscription Type (Subscription-Based and Subscription Fee), Model (Live and On-Demand), Transmission Method (Wired, Wireless), End-User (Enterprises, Residential Customers), Application (Advertising & Marketing, Media & Entertainment, Gaming, E-Commerce, Healthcare & Medical, Telecommunication & IT, Others) - Industry Trends and Forecast to 2029: https://www.databridgemarketresearch.com/reports/global-iptv-market
Television (TV) Analytics Market, By Television Transmission Type (Cable TV, Satellite TV/Direct-To-Home, Internet Protocol Television, Over-The-Top), Component (Software, Services), Deployment Model (On-Premises, Cloud), Application (Competitive Intelligence, Churn Prevention and Behavior Analysis, Customer Lifetime Management, Campaign Management, Content Development, Audience Forecasting, Others) - Industry Trends and Forecast: https://www.databridgemarketresearch.com/reports/global-tv-analytics-market
Cable Television (CATV) Broadcasting Equipment Market, By Product (Dish Antennas, Amplifiers, Switches, Video Servers, Encoders, Transmitters and Repeaters, Modulators, Others), Technology (Analog Broadcasting, Digital Broadcasting), Amplifier (MMIC Amplifier, Hybrid Amplifier), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-cable-television-catv-broadcasting-equipment-market
Closed Circuit Television (CCTV) Camera Market, By Product (Bullet Security Camera, Dome Security Camera, PTZ Security Camera, Box Security Camera and Thermal Security Camera), Technology (IP Security Camera, Analog Camera), Application (Commercial, Residential, Industrial), Resolution (HD, Non-HD), Services (Professional Service, Managed Service), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-closed-circuit-television-cctv-camera-market
Android Set Top Box (STB) and Television (TV) Market, By Type (Android STB and Android TV), Distribution Channel (Online and Offline), Application (Residential and Commercial/Enterprises), Resolution (HD and Full HD and 4K and Above), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-android-set-top-box-stb-and-television-tv-market
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