Press release
Digital TV Market 2018 Global Leaders Overview: DISH Network, Verizon FiOS, Skyworth, Changhong, Loewe, Funai, Hisense, Haier Group, Sony, Vizio
Market Scenario:
The digital television is the new evolution in the TV industry that achieve superior picture and sound quality with minimum transmission bandwidth. It is basically the digitally encoded format which captures, distributes, and broadcasts the programming across the world. The digital television industry is boosting the increasing demand of TV as it is integrated with the analog and digital functions in a single design. As well as the multimedia home platform will also drive the applications of digital TV market due to growing demand of higher performance digital TV receivers at lower system cost.
The study indicates that the High Definition TV has driven the demand for high resolution displays. The digital cable boxes is being replaced by cable ready HDTV. In United States, the digital terrestrial has been mandates to HD high density broadcasts. Also, the digital TV offers greater security to the programmer and the network as it occupies less bandwidth per program in a more secure way. The broadcasters, satellite operators, and cable operators have the opportunity to offer more channels.
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The global digital TV market is expected to grow at USD$ ~1.3 Billion by 2023, at ~17.3% of CAGR between 2017 and 2023.
Industry News
Aug 2018- Vizio today announced that a new SmartCast TV update is now rolling out via the internet to its 2018 P-Series and M-Series 4K/Ultra HD displays..
Sept 2018 - LeEco and Vizio have instead announced a “partnership” that will result in two things: LeEco’s Le app will be included on some Vizio products, and Vizio products.
Key Players:
The market share analysis is derived by considering various factors such as financial position, segmental R&D investment, brand value, company’s product portfolio, strategy analysis, and, key innovations in Digital TV Market among other factors. The prominent players in the Digital TV Market are Samsung Group (South Korea), Sony Corporation (Japan), Vizio Inc. (U.S), Haier Group Corporation (China), Hisense Co., Ltd. (China), LG Corporation (South Korea), Koninklijke Philips N.V. (Netherlands), AT&T Inc. (U.S), DISH Network (U.S), Verizon FiOS (U.S), Roku (US), Skyworth (China),TCL (China),Changhong (China),Konka (China),Loewe (Eu), Metz （EU, Vestel EU) and Funai (Japan).
Digital TV Global Market - Segmentation
The Digital TV Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
• Segmentation By Type: Comprises HDTV, SDTV, EDTV and others
• Segmentation By Resolution: Comprises 720p, 1080p, 4K and others.
• Segmentation By Size: Comprises 11’’- 32”, 33’’-42” and 44’’- 50”
Digital TV Global Market - Regional Analysis
North America is dominating the Global Digital TV Market with the largest market share mainly due improvements in the technology, growing market for digital content and economies of scale. The European market for Digital TV Market is expected to grow at a considerable CAGR (2016-2022) due to increasing investments in technologies in regions such as Germany and U.K., growing IT industry and government initiatives, increasing IoT market for smart televisions. Digital TV Market in Asia Pacific market is expected to grow at a substantial CAGR during 2016 to 2022 owing to the increasing digitization in India, increasing number of sports events in this region, increasing demand for Wi-Fi based smart televisions.
Key Findings
• By type, HDTV is dominating the market and has reached USD 31.4 billion in 2016.
• By resolution 1080p is dominating the market and has reached USD 32.46 billion in 2016.
• By size, digital TV of size range 42’’- 50” has dominated the market and has reached USD 24.66 billion market value in 2016.
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Intended Audience
• Raw material providers
• Digital TV manufacturers
• Original equipment manufacturers
• Distributors and traders
• Research institutes and organizations
• Technology standards organizations
• Technology investors
• Research institutes,
• System Integrators
• Research/Consultancy firms
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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