Press release
4K TV Market 2019 Global Share, Growth Factors and Top Leaders Overview: TTE Technology, LG Display, Samsung Electronics, Haier, Panasonic, Skyworth Electronics, Toshiba
Market Scenario:
The ultra-definition televisions is a combination of 4K resolution, high dynamic range, high frame rate and wide color gamut (WCG). 4K television is a biggest change in the television industry. The competition between various 4K television vendors has intensified over the past few years.
The factors contributing to the growth of the 4K television market are new technological changes, features such as better picture quality, high resolution, increasing demand for consumer electronics and increasing demand for live shows. However, factor such as high cost is hindering the overall growth of the 4K television market.
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Geographically, Asia-Pacific accounted for the largest market share in the global 4K television market, whereas North-America is expected to grow at a fast pace over the forecast period, 2017-2023.
The global 4K television market is expected to reach approximately USD 50 billion by the end of 2023 with 24% CAGR during forecast period 2017-2023.
Global Market for 4K TV – Segmental Analysis
MRFR in its report has offered a segmental analysis of the market based on product type and end users. On the basis of type, the market has been segmented into 65 Inch, 55 Inch and
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