UHD TV Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025
The UHD TV market is expected to grow by $ 56.99 billion, accelerating at a CAGR of almost 15% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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UHD TV Market: Segments and Leading Regions
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented Geography (APAC, North America, Europe, MEA, and South America).
- The APAC region emerged as the leading segment in recent years. 39% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the UHD TV Market size.
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UHD TV Market: Trends, Drivers, Challenges to impact growth
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- A key market driver for the UHD TV Market will be demand for UHD TV.
- Another factor that will boost the market will be the Rising popularity of large-display televisions.
- Lack of 4K content is a hurdle that needs to be crossed on the path to success.
UHD TV Market: Vendor Analysis
- The market is fragmented.
- 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.
- 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. are some of the major market participants.
Browse through some of our other related reports for more insights into this market:
- Over The Top (OTT) Market: Technavio’s Over the Top (OTT) Market is set to grow by $ 314.65 billion, and the market will decelerate at a CAGR of almost 22.58% till 2025.
- Television Market: The television market is set to post an incremental growth of $ 70.77 billion, accelerating at a CAGR of about 10.25% during the forecast period.
- Set-top Box Market: The set-top box market is expected to grow by $ 3.39 million, accelerating at a CAGR of almost 3% during the forecast period.
- UHD TV Market: The UHD TV market is expected to grow by $ 56.99 billion, accelerating at a CAGR of almost 15.00% during the forecast period.
- Online Movie Ticketing Service Market: The Global online movie ticketing service market is expected to grow by $ 6.13 billion, accelerating at a CAGR of over 6.25% during the forecast period.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 15%.
- What is the incremental growth of the market?
The market is expected to grow by $ 56.99 billion through 2021-2025.
- What is a key factor driving this market?
Demand for UHD TV will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
39% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are 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.
- What are the market segments covered in this report?
The market is segmented by Geography (APAC, North America, Europe, MEA, and South America)