Top Market Shifts Transforming the Curved Televisions Market Landscape: Key Insights

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What Is the Expected CAGR for the Curved Televisions Market Through 2025?
The market for curved televisions has experienced substantial growth in the past few years. The market, from being valued at $11.59 billion in 2024, is anticipated to increase to $12.61 billion in 2025, depicting a compound annual growth rate (CAGR) of 8.8%. The escalation witnessed in the past is due to factors such as larger screen sizes, implementation of higher resolution standards, increased content availability, expansion in retail channels, and heightened acceptance of curved televisions.

What's the Projected Size of the Global Curved Televisions Market by 2029?
The curved TV market is predicted to experience robust expansion in the upcoming years, reaching a value of $17.43 billion in 2029, with a compound annual growth rate (CAGR) of 8.4%. The projected growth during this period is driven by factors such as rising demand for immersive visual experiences, enhanced disposable income, a growing trend towards online shopping, declining costs of curved TV models, and general economic growth. The key trends expected for this forecast period include elevated viewing quality, technological innovations, advancements in screen technology, improved gaming experiences, and integration with consumer electronics.

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Top Growth Drivers in the Curved Televisions Industry: What's Accelerating the Market?
The growing trend of online gaming is anticipated to drive the expansion of the curved televisions market. Online gaming, which allows gamers to play video games via the internet and connect with fellow players in real-time without geographical barriers, has been gaining popularity owing to its easy accessibility, broad game variety, social interaction, intense competition, consistent innovation, expanding global connectivity, engaging experiences, and affordability. Curved TVs enhance the gaming experience by offering a broader viewing angle and minimizing glare, making them more suitable for prolonged gaming periods. For instance, in July 2023, the London Economic, a UK-based NGO reported that the UK recorded 24.7 million active online gamblers, showing a 6.2% rise from 2022. Sports betting brought in $2.37 billion (£1.9 billion) in online gamb*ling revenue, and online casinos earned over $4.0 billion (£3.2 billion), with slots being the favored choice among gamers. Moreover, the online gam*bling sector resulted in a substantial boost to the UK market in 2023, with revenues hitting a record $6.75 billion (£5.4 billion), contributing significantly to the overall market. Hence, the growing appeal of online gaming is fuelling the evolution of the curved televisions market.

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What Trends Will Shape the Curved Televisions Market Through 2029 and Beyond?
Companies that are prominent in the curved television arena are focusing their efforts on creating technologically superior solutions like gaming displays to cater to the burgeoning gaming market and improve immersive viewing. Gaming displays increase efficiency with their high refresh rates and diminished response times, consequently mitigating screen tearing and stuttering issues. Furthermore, they exhibit vibrant colors and crisp imagery, often utilizing IPS or OLED panels for enhanced gaming immersion. A case in point is the Taiwan-based computer hardware firm, Micro Star International Co. Ltd. In August 2024, they unveiled the First 32-Inch Curved QD-OLED MPG 321CURX Gaming Monitor, which boasts high-end visual technology and commendable performance attributes for an immersive gaming journey. The monitor's standout features include a 240Hz refresh frequency and an ultra-speedy response time of mere 0.03 ms. It not only supplements gaming efficiency but also supports HDR, offering vibrant hues and profound contrasts for unmatchable immersive involvement. Its 1700R curvature extends the display across the observer's field of view, significantly enhancing the immersive sensation during gaming.

What Are the Main Segments in the Curved Televisions Market?
The curved televisions market covered in this report is segmented -

1) By Type: Cable Track Cables, Torsion Cables
2) By Screen Size: Large-Sized Curved Televisions, Mid-Sized Curved Televisions, Small-Sized Curved Televisions
3) By End User: Commercial, Institutional, Residential

Subsegments:
1) By Cable Track Cables: HDMI Cables (For Curved TV Connectivity), Optical Cables (For High-Definition Signal Transmission)
2) By Torsion Cables: Flexible Torsion Cables (Used For Motorized Or Adjustable TV Mounts), Rigid Torsion Cables (Used For Mechanical Support In TV Stands)

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Which Top Companies are Driving Growth in the Curved Televisions Market?
Major companies operating in the curved televisions market are Samsung Electronics Co. Ltd., Sony Corporation, LG Electronics Inc., Panasonic Corporation, Haier Group, Xiaomi Corporation, Sharp Corporation, Koninklijke Philips N.V., TCL Electronics Holdings Ltd., Hisense Co. Ltd., Skyworth Group Ltd., Sansui Electric Co. Ltd., SCEPTRE Inc., Mitashi, Stanlee India Enterprises Pvt. Ltd., Wellteck, Oscar, Angel, Krisons, Senao

Which Regions Will Dominate the Curved Televisions Market Through 2029?
North America was the largest region in the curved televisions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the curved televisions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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