Televisions Market was valued at USD 132.5 Billion in 2022 and is projected to reach USD 203.1 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global televisions market was valued at approximately USD 175 billion in 2022 and is projected to reach USD 220 billion by 2028, growing at a compound annual growth rate (CAGR) of 3.5% during the forecast period. This growth is driven by advancements in display technology, such as OLED and QLED, and the rising demand for smart TVs with integrated internet and app functionalities. Emerging trends, including the increasing popularity of 4K and 8K resolution TVs, are further propelling market expansion. Moreover, the growing emphasis on home entertainment due to changing consumer lifestyles and the proliferation of streaming services are expected to contribute significantly to market growth.
Opportunity analysis indicates substantial potential in emerging markets, particularly in Asia-Pacific and Latin America. In these regions, the penetration of high-definition and smart televisions remains relatively low compared to developed markets, presenting opportunities for increased market share. Additionally, the rising disposable income and urbanization in these regions are expected to drive consumer demand for advanced television technologies. The shift towards larger screen sizes and innovative features, such as voice control and enhanced connectivity options, also presents avenues for market expansion and investment.
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Samsung
Vizio
Sony
LG
Hisense
Panansonic
TCL
Sharp
Seiki
Skyworth
Element
Toshiba
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Televisions Market
Commercial Signage
Home Entertainment
Based on Types the Market is categorized into Below types that held the largest Televisions market share In 2023.
Under 32 inch
32-42 inch
42-48 inch
48-55 inch
55 inch&up
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Televisions Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Televisions Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Televisions Market, By Type
6. Global Televisions Market, By Application
7. Global Televisions Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Televisions Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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