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Global 4K TV Market Report 2023 - Market Size, Key Drivers And Top Trends

02-27-2023 05:53 AM CET | IT, New Media & Software

Press release from: The Business research company

4K TV Market

4K TV Market

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the 4K TV market report by The Business Research Company, Technological advancements are a key trend gaining popularity in the 4K TV market. Major companies operating in the 4K TV market are focused on developing new technological solutions to strengthen their position. For instance, in June 2021, TCL, a China-based company that manufactures and sells consumer electronic products, including televisions that provide 4K TV, launched its first new technology-mini LED in its mini LED QLED 4K Android 11 TV C825. The technology behind mini LEDs, however, uses LEDs that are smaller in size as compared to regular LEDs. Due to the small size of LEDs, OEMs can pack more LEDs.

The global 4k tv market size grew from $181.43 billion in 2022 to $222.73 billion in 2023 at a compound annual growth rate (CAGR) of 22.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The 4k tv market size is expected to grow to $516.24 billion in 2027 at a CAGR of 23.4%.

Read More On The 4K TV Market Report Here:
https://www.thebusinessresearchcompany.com/report/4k-tv-global-market-report

Major competitors in the 4K TV market include Samsung, Haier Group Corporation, Panasonic Holdings Corporation, Koninklijke Philips N.V, Sharp Corporation, LG Corporation, Sony Group Corporation, Vu Televisions, Skyworth Group Co. Ltd., Sichuan Changhong Electric Co Ltd., TCL Technology, Hitachi Ltd., Apple Inc., Toshiba Corporation, and Vizio Inc.

The 4K TV market is segmented -
• By Screen Size: Below 52 inches, 52 - 65 inches, Above 65 inches
• By Technology: LCD/IPS, OLED, Quantum Dot
• By Distribution Channel: Offline Stores, Online Stores
• By End-User: Residential, Commercial, Industrial

Request A Free Sample Of The 4K TV Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6964&type=smp

4K TVs refer to a TV set that has a 4K resolution, that is, it has 3,840 horizontal pixels and 2,160 vertical pixels. With the help of this 4K TV set, we get a more vivid and detailed picture quality.It is used to provide a pristine picture that fills more of the field of view, better recreating the immersive experience of watching a film at the cinema.

The Table Of Content For The 4K TV Market Include:
1. Executive Summary
2. 4K TV Market Characteristics
3. 4K TV Market Trends And Strategies
4. 4K TV Market - Macro Economic Scenario
5. 4K TV Market Size And Growth
……
27. 4K TV Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 4K TV Market
29. 4K TV Market Future Outlook and Potential Analysis
30. Appendix

The "Global 4K TV Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

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