ATSC 3.0 Devices market was valued at US$ 5556.4 million in 2022 and is anticipated to reach US$ 29310 million by 2029, witnessing a CAGR of 31.9% - Valuates Reports

The global ATSC 3.0 Devices market was valued at US$ 5556.4 million in 2022 and is anticipated to reach US$ 29310 million by 2029, witnessing a CAGR of 31.9% during the forecast period 2023-2029.

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ATSC 3.0 is a major version of the ATSC standards for television broadcasting created by the Advanced Television Systems Committee (ATSC). ATSC 3.0 comprises around 20 standards covering different aspects of the system and in total will have over 1,000 pages of documentation. The standards are designed to offer support for newer technologies, including HEVC for video channels of up to 2160p 4K resolution at 120 frames per second, wide color gamut, high dynamic range, Dolby AC-4 and MPEG-H 3D Audio, datacasting capabilities, and more robust mobile television support. The capabilities have also been foreseen as a way to enable targeted advertising and finer public alerting. ATSC 3.0 is a major upgrade for antenna TV, designed to allow for 4K resolution and even a major sound upgrade to broadcast TV. The switch could be as significant as the transition from analog broadcasts to digital HD - except this time it's going to be a whole lot easier. ATSC 3.0 was initially launched in 2017 in South Korea, mainly in preparation for the 2018 Winter Olympics.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of ATSC 3.0 Devices include LG, Samsung and Sony, etc. Global top three manufacturers hold a share over 90%. Asia-Pacific is the largest market of ATSC 3.0 Devices, with a share nearly 90%, followed by North America.

This report aims to provide a comprehensive presentation of the global market for ATSC 3.0 Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ATSC 3.0 Devices.
The ATSC 3.0 Devices market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global ATSC 3.0 Devices market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the ATSC 3.0 Devices companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
TV
STB
Mobile
Others

Segment by Application
Residential
Commercial
Others

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