North America to witness the highest growth of the of 4K TVs, and is expected to continue over the forecast period.
4K, known as UHD, is a picture technology that quadruples the number of pixels found in a full HD picture. With 4K, pixels are usually arranged in a 3,840 x 2,160 configuration, compared with the 1920×1080 you get in a full HD TV.
The Asia Pacific held the largest share, as China has transformed into the biggest consumer of 4K TVs, accounting for more than 70% of the global share in the same year. The mass availability of 4K TVs coupled with low price offerings is the major reason behind the huge consumptions of 4K TVs in the country.
North America being an early adopter witnessed significant growth with the introduction of 4K TVs, a trend expected to continue over the forecast period. Further, the regional 4K TV market growth is also attributed to the growing adoption of 4K set-top boxes that allow exploiting the full capability of 4K TVs with improved picture quality.
The region is expected to witness tremendous growth also owing to a drop in prices of 4K TVs, and it is anticipated that by 2025 more than half the American population will own at least one 4K TV. The European 4K TV market also exhibited moderate growth due to increasing demand in the UK and Germany. The proliferation of TVs supporting HDR will be a key factor expected to drive the growth in developed markets.
Global 4K TV (Television) Market Professional Survey Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 102 pages report.
This market report provides in-depth analytics of the 4K TV (Television) industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
4K TV (Television) market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.