Global Televisions Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Televisions Market Report by The Business Research Company covers televisions market drivers and restraints, televisions market size, major players, and the impact of COVID-19 on the televisions market.
The televisions market consists of sales of televisions and related services used for entertainment, information and education purpose. A television is a visual image and sound transmission system replicated on screens, primarily used to broadcast entertainment, data, and education programs.
The rise in disposable incomes was a major driver of the televisions market. The rise in disposable incomes was mainly driven by economic growth and middle-class population growth in developing countries such as China, India and Brazil.
The global televisions market is expected to grow from $63.48 billion in 2020 to $78.38 billion in 2021 at a compound annual growth rate (CAGR) of 23.5%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $95.79 billion in 2025 at a CAGR of 5%.
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Some televisions market trends include the demand for ultra HD televisions increasing rapidly as they are energy efficient and offer high quality images. Ultra HD televisions include 4K and 8K UHDs that have an aspect ratio of 16:9 or wider, and also present a minimum resolution of 3840×2160 pixels. The transition from traditional CRT and LCD TVs to ultra HD TVs has been fast owing to brisk pace in technological advances.
Global televisions market segments include:
1) By Product Type: Smart, Traditional.
2) By End-User: Residential, Commercial, Others.
3) By Technology: LCD, LED, OLED, QLED.
4) By Screen Size: Below 32 Inches, 32 to 45 Inches, 46 to 55 Inches, 56 to 65 Inches, Above 65 Inches.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Televisions Global Market Report 2021: COVID 19 Impact and Recovery to 2030 At:
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The Televisions Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides televisions market overviews, analyzes and forecasts market size, share, televisions market players, televisions market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The televisions market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More:
Read Televisions Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Samsung, LG, Sony, Hisense, TCL, Philips, Vizio, Toshiba, Skyworth, RCA, Magnavox, Sharp, JVC, Polaroid/Sceptre, Fujistu, Sansui, Onida, MI, Micromax, Haier, Hitachi, Lloyd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Televisions Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Televisions Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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