Press release
Televisions Market Analysis, Trends, Growth, Research And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Televisions Global Market Report 2023 identifies the rise in disposable incomes as the major driver for the televisions market's growth in the forecast period. The rise in disposable incomes was mainly driven by economic growth and middle-class population growth in developing countries such as China, India and Brazil.
The global televisions market size will grow from $82.2 billion in 2022 to $84.56 billion in 2023 at a compound annual growth rate (CAGR) of 2.9%. 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 market size of the global televisions is expected to grow to $94.38 billion in 2027 at a CAGR of 2.8%.
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Major competitors in the televisions market are Samsung, LG, Sony, Hisense, TCL, Philips, Vizio, Toshiba, Skyworth, RCA, and Magnavox.
A key trend in the televisions market includes technological advancement. With increasing smartphone and internet penetration and advances in social media and digital technologies, consumers shifted from television to new forms of entertainment such as online audio and video streaming services on mobile phones. Television viewership continued to decline, especially among the millennial.
Read More On The Global Televisions Market Report Here:
https://www.thebusinessresearchcompany.com/report/televisions-global-market-report
The televisions market is segmented -
• By Product Type: Smart, Traditional
• By End-User: Residential, Commercial, Other End-Users
• By Technology: LCD, LED, OLED, QLED
• By Screen Size: Below 32 Inches, 32 to 45 Inches, 46 to 55 Inches, 56 to 65 Inches, Above 65 Inches
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the televisions market.
The Business Research Company's "Global Televisions Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Televisions Market Include:
1. Executive Summary
2. Televisions Market Characteristics
3. Televisions Market Trends And Strategies
4. Televisions Market - Macro Economic Scenario
5. Televisions Market Size And Growth
……
26. Africa Televisions Market
27. Televisions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Televisions Market
29. Televisions Market Future Outlook and Potential Analysis
30. Appendix
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