4K TV Industry 2020 Analysis, Growth, Size, Key Players and Forecast 2023

   2020-10-06       21        Business
Rating :
Market Research Future published a research report on “4K TV Industry Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview

The global 4K TV Industry, by the end of 2023, is expected to touch a valuation of approximately USD 50 billion, asserts Market Research Future (MRFR). The market also shows signs of achieving a growth rate of 24% during the forecast period (2017-2023).

Top Drivers and Key Barriers

Fast-paced advancements in technology have entirely transformed the consumer electronics sector. Innovative products that are made using latest technologies provide the customers comfort as well as an enhanced experience. In the past decade, the television industry has noted remarkable changes owing to the advancements in LED, LCD, AMOLED and OLED technologies.

Get More Details of Report @ 

4K TVs have gained considerable traction in the market, as these give ultra-high-definition pictures. The market for 4k TV is abuzz with numerous renowned companies that are competitive, and maintain their position by producing latest panel technologies that provide energy-efficient and cost-efficient displays with elevated resolution. Surging adoption of streaming services for entertainment purposes benefits the 4K TV Industry.

High usage of internet coupled with the surging content on streaming platforms have boosted the demand for streaming services, which have now become as popular as the traditional TV cable platforms. In addition, the increasing use of ultra-high definition camcorders as well as cameras among filmmakers has provided a substantial push to the 4K TV Industry. The growing number of high definition content vendors like Blu-ray players also benefits the worldwide 4k TV market.

Key Players

The key players in the global 4K TV Market include- Sony Corporation (Japan), Videocon Industries Limited (India), TTE Technology, Inc (China), LG Display (South Korea), Samsung Electronics Co. Ltd (South Korea), Haier Inc. (China), Sharp Corporation(Japan), Panasonic Corporation (Japan), Skyworth Electronics Pvt Ltd (China), Toshiba Corporation (Japan), among others.

Segmentation

The MRFR report provides a segmental study of the global 4K TV Market, with respect to the product type and end users.

Given the type segment, the market has been considered for 65 Inch, 55 Inch and <55 Inch.

The end-users in the worldwide market are public and household.

Regional Analysis

The market for 4K TV has been divided into Asia Pacific (APAC), Europe, North America, and rest of the world (RoW), considering all the latest trends and the growth opportunities that can be expected during the conjectured timeframe. 

APAC was the top market for 4K TV in 2017 and can maintain its position even during the review period. The region is inundated with several renowned television manufacturers as well as an expansive pool of consumers, which helps stimulate the market growth. Mounting disposable income, rising demand for consumer electronics, increasing adoption of latest technological solutions and growing competition between 4K television vendors also benefits the regional market. Besides, surging penetration of 4K TVs and the broad range of low priced offerings by companies are estimated to leave a strong impact on the APAC market in the coming years.

Author Signature :


About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.



Random Articles

POS Software Company Dhaka
POS Software Company Dhaka..
   2019-10-15       50        Finance
DIGITAL MARKETING USA
DIGITAL MARKETING USA..
   2019-12-26       51        Services
ALL YOU NEED TO KNOW ABOUT AFGHAN KUSH STRAIN
ALL YOU NEED TO KNOW ABOUT AFGHAN KUSH STRAIN..
   2020-01-25       71        Health
Decorate Dining Zone with Rich Array of Table Linen
Decorate Dining Zone with Rich Array of Table..
   2019-05-30       118        Business
Yooslim Avis Reduce Your Weight Soon As Soon By Doing Using
Yooslim Avis Reduce Your Weight Soon As Soon ..
   2021-01-07       8        Health
Global Internet of Things (IoT) in BFSI Market
Global Internet of Things (IoT) in BFSI Marke..
   2020-09-10       15        Business
Gmail Password Recovery & Reset | Gmail Help Support
Gmail Password Recovery & Reset | Gmail Help ..
   2019-01-10       174        Computer
Top Digital Marketing Agency in Kochi
Top Digital Marketing Agency in Kochi..
   2021-01-11       11        Internet
Global Pneumatic Tube System Market
Global Pneumatic Tube System Market..
   2020-01-06       47        Business
Factory Automation Industry 2020 Future Trends, Geographic Analysis 2022
Factory Automation Industry 2020 Future Trend..
   2020-10-06       23        Business
Best UK visa immigration lawyers
Best UK visa immigration lawyers..
   2019-06-01       97        Business
Global Lithotripsy Devices Market
Global Lithotripsy Devices Market ..
   2019-09-19       45        Business
ABOUT US

Some quick example text to build on the card title and make up the bulk of the card's content Some quick example text to build on the card title and make up the bulk of the card's content Some quick example text to build on the card title and make up the bulk of the card's content.

TOP AUTHORS
Thomas Shaw
thomasshaw9688@gmail.com
Total Posts : 12480
zero promosi
zero1601@gmail.com
Total Posts : 1774