LONDON--(BUSINESS WIRE)--Nov 15, 2019--

The global UHD TV market is expected to post a CAGR of more than 28% during the period 2018-2022, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global UHD TV market 2018-2022 (Graphic: Business Wire)

The reduction in the average selling price (ASP) of UHD TVs is one of the major factors driving market growth. Many cheaper and lesser-known brands are introducing UHD TVs packed with more advanced features compared to expensive branded TVs. In addition, the decline in the cost of displays has also resulted in the reduction of ASP of UHD TVs. Moreover, the growing competition in the market is expected to further reduce the ASP of UHD TVs during the forecast period.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR21536

As per Technavio, the rise in popularity of curved UHD TV will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2018-2022.

Global UHD TV Market: Rise in Popularity of Curved UHD TV

Many prominent players are launching curved UHD TVs in the market. These TVs come with classy aesthetics and offer an immersive viewing experience. During the forecast period, many players in the market are expected to continue innovating and launching a wide range of curved UHD TVs at reduced prices. The rising popularity of curved UHD TVs is expected to boost market growth.

“The advent of 8K UHD TVs and increased demand for smart TVs will further boost market growth during the forecast period,” says a senior analyst at Technavio.

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Global UHD TV Market: Segmentation Analysis

This market report segments the global UHD TV market by resolution (4K and 8K), screen size (40-49 inches, 50-59 inches, 60-69 inches, and 70 inches and above), display type (LED, OLED, and QLED), and geography (Americas, APAC, and EMEA).

The APAC region led the market in 2017, followed by the Americas and EMEA respectively. During the forecast period, the APAC region is expected to maintain its dominance over the global market. This is due to the presence of a large base of TV manufacturers in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Customer Landscape

Geographical Segmentation

• Geographic comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Landscape disruption
• Competitive scenario

Vendor Analysis

• Vendors covered
• Vendor classification
• Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO CONSUMER ELECTRONICS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/15/2019 09:00 AM/DISC: 11/15/2019 09:00 AM

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