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2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theCurved Televisions Market?
The increasing attraction towards online gaming is projected to boost the curved televisions market’s expansion. Online gaming, which involves real-time interaction with other players regardless of geographical location through internet-based video games, is becoming more and more popular. Factors contributing to this trend include ease of access, a vast choice of games, social engagement, competitive gaming, constant innovation, heightened global connectivity, compelling experiences, and cost-effectiveness. Curved televisions augment the engrossing experience of online gaming by delivering a broader visual perspective and reducing reflection. They also provide a more relaxed viewing angle for longer gaming sessions. For instance, as reported by the London Economic, a non-governmental organization in the UK, the count of active online gamblers in the UK hit 24.7 million in July 2023, a rise of 6.2% from 2022. Sports betting accounted for $2.37 billion (£1.9 billion) in online gambling revenue, while online casinos amassed over $4.0 billion (£3.2 billion), with slot games being the most favoured. Furthermore, in 2023, the online gambling industry in the UK significantly contributed to its growth, reaching a record revenue of $6.75 billion (£5.4 billion), a massive segment of the total market. Consequently, the escalating popularity of online gaming is fueling the expansion of the curved television market.
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How Will the Growth Rate of theCurved Televisions Market Impact Industry Trends by 2034?
In recent times, the market for curved televisions has witnessed significant growth. The market value is expected to increase from $11.59 billion in 2024 to $12.61 billion in 2025, representing a compound annual growth rate (CAGR) of 8.8%. This growth in the previous years can be linked to the rise in screen sizes, adoption of superior resolution standards, available content, growth in retail outlets, coupled with the growing popularity of curved televisions.
Expectations are high for a significant expansion in the curved television market in the coming years. The market is predicted to reach a value of $17.43 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.4%. The hypothesized growth during the estimated period could be due to the escalating demand for immersive viewing experiences, growing affluence, rising preference for online shopping, falling costs of curved TV models, and overall economic prosperity. Key trends forecasted for the given period are improvements in viewing experiences, technological progression, advancements in display technology, heightened gaming experiences, and the integration of consumer electronics.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theCurved Televisions Market?
Leading firms in the curved television market are emphasizing the creation of technologically sophisticated solutions such as gaming monitors in order to enrich immersive viewing experiences and accommodate the expanding gaming sector. These gaming monitors heighten performance by offering high refresh rates and low response times, thereby minimizing screen tearing and stuttering. They also provide sharp visuals and vibrant colors, frequently utilizing IPS or OLED panels for an enhanced gaming experience. For example, Micro Star International Co. Ltd., a company focused on computer hardware based in Taiwan, introduced the First 32-Inch Curved QD-OLED MPG 321CURX Gaming Monitor in August 2024, designed to convey an immersive gaming experience using high-end visual technology and superior performance specifications. This monitor, with its incredible 240Hz refresh rate and near-instant response time of 0.03 ms, not only improves gaming performance, but also comes with HDR support, delivering deep contrasts and vibrant colors for a thoroughly immersive experience. Adding to this, its 1700R curvature extends the display into the viewer’s peripheral vision, leading to an enhanced sense of immersion during gameplay.
Who Are the Key Market Players Influencing the Growth of the Corn and Curved Televisions Industry?
Major companies operating in the curved televisions market are Samsung Electronics Co. Ltd., Sony Corporation, LG Electronics Inc., Panasonic Corporation, Haier Group, Xiaomi Corporation, Sharp Corporation, Koninklijke Philips N.V., TCL Electronics Holdings Ltd., Hisense Co. Ltd., Skyworth Group Ltd., Sansui Electric Co. Ltd., SCEPTRE Inc., Mitashi, Stanlee India Enterprises Pvt. Ltd., Wellteck, Oscar, Angel, Krisons, Senao
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Which Key Market Segments Comprise the Curved Televisions Market and Drive Its Revenue Growth?
The curved televisions market covered in this report is segmented –
1) By Type: Cable Track Cables, Torsion Cables
2) By Screen Size: Large-Sized Curved Televisions, Mid-Sized Curved Televisions, Small-Sized Curved Televisions
3) By End User: Commercial, Institutional, Residential
Subsegments:
1) By Cable Track Cables: HDMI Cables (For Curved TV Connectivity), Optical Cables (For High-Definition Signal Transmission)
2) By Torsion Cables: Flexible Torsion Cables (Used For Motorized Or Adjustable TV Mounts), Rigid Torsion Cables (Used For Mechanical Support In TV Stands)
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Which Regions Are Emerging as Leaders in the Curved Televisions Market?
North America was the largest region in the curved televisions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the curved televisions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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