Authored By: Sarah
11 Oct 2021

HDMI Cable Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Recovery and Growth Insights for 2021-2025

The hdmi cable market and it is expected to grow by USD 1.65 bn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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HDMI Cable Market: Market Segments and Key Trends

This report provides a detailed analysis of the market by Type (High-speed, Standard, and Ultra-high-speed) and Geography (APAC, North America, Europe, South America, and MEA). 58% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

HDMI Cable Market: Top Drivers to Boost Demand

The growing demand for 4K/UHD TVs is one of the primary factors that will drive the growth of the hdmi cable market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.

HDMI Cable Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

HDMI Cable Market: Competitive Landscape

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Belkin International Inc., Ce-Link, Hitachi Ltd., Intel Corp., Koninklijke Philips NV, Kramer Industries Inc., Nordost, Panasonic Corp., Sony Corp., and Tripp Lite are some of the major market participants.

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HDMI Cable Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hdmi cable market growth during the next five years
  • Precise estimation of the hdmi cable market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hdmi cable market industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hdmi cable market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 6%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 1.65 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    growing demand for 4K/UHD TVs will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    58% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Belkin International Inc., Ce-Link, Hitachi Ltd., Intel Corp., Koninklijke Philips NV, Kramer Industries Inc., Nordost, Panasonic Corp., Sony Corp., and Tripp Lite

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (High-speed, Standard, and Ultra-high-speed) and Geography (APAC, North America, Europe, South America, and MEA)

HDMI Cable Market Size to Grow by USD 1.65 Billion through 2021-2025  

Technavio research projects the hdmi cable market to grow by USD 1.65 bn, accelerating at a CAGR of over 6% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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HDMI Cable Market: Key Market Driver

One of the primary factors that will trigger the growth of the hdmi cable market size is growing demand for 4K/UHD TVs. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

HDMI Cable Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

 

HDMI Cable Market: APAC to lead market growth 

  • 58% of the market growth will originate from APAC during the forecast period. China and Japan are the key markets for HDMI cable in APAC. Market growth in this region will be faster than the growth of the market in other regions. The increasing demand for HD TV screens with enhanced gaming experience in various countries will facilitate the HDMI cable market growth in APAC over the forecast period. 
  • HDMI cables are preferred over conventional RCA cables because of their ability to transmit a video signal, CEC signal, and up to 8 channels of audio signals through a single port. 
  • The demand for HDMI 2.1 cables is increasing as it offers faster refresh rates, better audio at 48 Gbps data rates, 8K resolution video at 60 frames per second, and 4K video at 120 frames per second.  The dynamic HDR support, quick media switching (QMS), quick frame transport (QFT), and display stream compression to the HDMI specification offered by HDMI 2.1 cables is also boosting its popularity among end-users. 
  • The launch of new products by smart TV manufacturers supporting the HDMI 2.1 version for a better viewing experience will further increase its demand in the market. Thus, the growing popularity of HDMI 2.1 is one of the critical HDMI cable market trends, which will have a positive impact on the growth of the market during the forecast period.

HDMI Cable Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Belkin International Inc., Ce-Link, Hitachi Ltd., Intel Corp., Koninklijke Philips NV, Kramer Industries Inc., Nordost, Panasonic Corp., Sony Corp., and Tripp Lite are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

 

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