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How has the 4k tv market grown over the years?

The expansion of the 4K TV market has experienced a significant boom in the last few years. It is projected to increase from $281.13 billion in 2024 to $346.83 billion in 2025, growing at a compound annual growth rate (CAGR) of 23.4%. The rise during the historical phase can be credited to factors such as the prevalence of 4K content, consumer preference for superior displays, a surge in the gaming sector, effective distribution networks, and swift urbanization.

What Is the forecasted market size and growth rate for the 4k tv market?

The 4K TV market size is expected to see exponential growth in the next few years. It will grow to $839.62 billion in 2029 at a compound annual growth rate (CAGR) of 24.7%. The growth in the forecast period can be attributed to emerging markets, rising disposable income, emergence of new streaming services, work-from-home trends, growing popularity of uhd set-top boxes. Major trends in the forecast period include oled and qled technology, adoption of hdr technology, smart features, AI and machine learning, energy efficiency.

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What are the major factors driving growth in the 4k tv market?

The upward trajectory of consumer interest in UHD technology products is predicted to drive the expansion of the 4K TV market in the future. UHD technology is a display resolution standard that boasts a minimum of 3840 by 2160 pixels (8.3 megapixels; 4K), leading to incredibly clear and detailed images without any loss to image quality. It facilitates the production of larger TVs by manufacturers while offering consumers a superior and more intricate picture quality, making it an ideal technology for 4K TVs. For example, Broadband TV News, a UK-based source of industry information, reports that UHD’s market share in the German TV set market increased to 75%. In the first quarter of 2021, Germany sold approximately 1.45 million TV units, of which 1.1 million were UHD TVs, making up 75% of the market share. Thus, this increasing consumer appetite for UHD technology products is fuelling the 4K TV market’s growth.

What key areas define the segmentation of the global 4k tv Market?

The 4K TV market covered in this report is segmented –

1) By Screen Size: Below 52 inches, 52 – 65 inches, Above 65 inches

2) By Technology: LCD/IPS, OLED, Quantum Dot

3) By Distribution Channel: Offline Stores, Online Stores

4) By End-User: Residential, Commercial, Industrial

Subsegments:

1) By Below 52 Inches: 32 Inches, 40 Inches, 43 Inches, 48 Inches, 50 Inches

2) By 52 – 65 Inches: 52 Inches, 55 Inches, 60 Inches, 65 Inches

3) By Above 65 Inches: 70 Inches, 75 Inches, 80 Inches, 85 Inches, 90 Inches and Larger

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What are the top market players propelling the growth of the 4k tv industry?

Major companies operating in the 4K TV market include Samsung SDI Co. Ltd., Haier Group Corporation, Panasonic Holdings Corporation, Koninklijke Philips N.V, Sharp Corporation, LG Corporation, Sony Group Corporation, Vu Television Corporation, Skyworth Group Co. Ltd., Sichuan Changhong Electric Co. Ltd., TCL Technology, Hitachi Ltd., Apple Inc., Toshiba Corporation, Vizio Inc., Seiki Corporation, Hisense Electrical Co. Ltd., Konka Group Co. Ltd., ASUSTEK Computer Inc., JVC Kenwood Holdings Inc., INNOLUX Corporation, Funai Electric Co. Ltd., Grundig GmbH, Vestel Elektronik Sanayi Ve Ticaret AS, Loewe, Bang & Olufsen AS, Bowers & Wilkins, Dynaudio AS, Elac America Inc., Focal-JMLab Co.

What are the key trends shaping the future of the 4k tv market?

In an effort to stand out in the competitive 4K TV market, major players are crafting innovative products such as AI-powered 4K smart TVs, which are tailored to augment the user experience. These TVs leverage artificial intelligence to improve picture and sound quality, supply personalized content suggestions, and offer voice control for an enriched and intuitive viewing experience. For example, in October of 2024, Sony Group Corporation – a leading consumer electronics company based in Japan – introduced its 2024 BRAVIA 4K smart OLED TV series to the Indian market. This line includes the Series 7, Series 8, and Series 9 models, each equipped with the advanced cognitive processor XR. This AI-based technology intensifies picture and sound quality, resulting in an immersive viewing experience. These TVs support a resolution of 3840x2160p, a refresh rate of 120Hz, and feature sound upgrades such as Dolby Atmos and IMAX Enhanced. The series – with its sleek design and features like the Studio Calibration Mode – is geared towards meeting the rising demand for premium smart TVs.

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What regions are dominating the 4k tv market growth?

North America will be the largest region in the 4K TV market in 2024. The regions covered in the 4K TV market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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