The Global 4K UHD TV Market size is projected to grow from USD $7.5 billion in 2021, registering a CAGR of 10.6% during the forecast period (2021-2028). The rising adoption of ultra high definition (UHD) TVs as well as the increasing demand from emerging economies will be key growth drivers for this market during the forecast period.
On the basis of Types, the market is segmented into Below 52 Inches, 52 - 65 Inches, Above 65 Inches. Below 52-inch UHD TVs are the most popular size for many consumers because they can fit in smaller living rooms, and be mounted on walls. Below 50 inch TV models account for about 40% of all global shipments to date.
On the basis of Application, the market is segmented into Household and Public.
The most common use of a household TV is the traditional viewing experience. This includes watching live or recorded television, movies, and other video content such as sports on cable or satellite services, internet streaming through devices like Apple TV, Amazon FireTV Player. In addition to its traditional usage for entertainment purposes, households can also utilize TVs in order to view academic material such as lessons from an online course they may be taking at home.
The use of the TV in public spaces is another promising area for these TVs. The size, resolution, and features that come with this new technology make it ideal for commercial use. For example, airports can turn their HDTV screens into digital signage units by installing displays that deliver information about flight schedules or events happening at the airport. Its high total pixel count and ultra-high-definition quality images on screen make them ideally suited for travel destinations where visitors want to know more about what they will find before arriving there.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to grow at a higher CAGR, in terms of revenue, during the forecast period owing to robust adoption by customers and popularity among users who are looking for more clarity with fewer light reflections as well as better color representation on their screens.
The Latin American market is projected to register a significant growth rate over the next five years owing to the increasing prevalence of digital content consumption including video streaming services such as Netflix and Amazon Prime Video.
Europe is also anticipated to witness an exponential rise in demand primarily due to growing consumer awareness about UHD TVs with advanced features that offer improved picture quality.
Up Market Research published a new report titled “4K UHD TV Sales Market research report which is segmented by Types (Below 52 Inches, 52 – 65 Inches, Above 65 Inches), By Applications (Household, Public), By Players/Companies Samsung, Hisense, LG, SONY, Skyworth, TCL, Sharp, Panasonic, Changhong, Seiki (Tongfang), Konka, Philips, MI”.
Report Attributes | Report Details |
Report Title | 4K UHD TV Sales Market Research Report |
By Type | Below 52 Inches, 52 – 65 Inches, Above 65 Inches |
By Application | Household, Public |
By Companies | Samsung, Hisense, LG, SONY, Skyworth, TCL, Sharp, Panasonic, Changhong, Seiki (Tongfang), Konka, Philips, MI |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 203 |
Number of Tables & Figures | 143 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Below 52 Inches, 52 – 65 Inches, Above 65 Inches and By Application Household, Public.
Some of the companies that are profiled in this report are:
4K UHD TV Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the 4K UHD TV Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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