Global 4K TV Market (2021-2026) by Screen Size, Screen Type, Display Technology, Distribution Channel, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global 4K TV Market is estimated to be USD 175.12 Bn in 2021 and is expected to reach USD 312. 78 Bn by 2026, growing at a CAGR of 12. 3%.

Market Dynamics

Some of the factors driving the growth of the Global 4K TV Market are the increasing need for the immersive visual experience, advancement in graphic technology in television, increasing purchasing power of customers & numerous applications of 4K TV beyond the home entertainment sector, increasing use of UHD Technology in Media & Entertainment Sector, etc. However, the high cost of the product and discrepancy between viewing distance & screen width may restraint the growth of the market.

Huge investments by broadcasters & content producers and increased usage of UHD camcorders & cameras by professional filmmakers and increasing penetration of UHD Set-Top devices provide a great opportunity for the market's growth. Though, the high bandwidth required to view 4K content poses a challenge to it.

Market Segmentation

The Global 4K TV Market is segmented further based on Screen Size, Screen Type, Display Technology, Distribution Channel, End User, and Geography.

By Screen Size, the market is classified Below 52 inches, Between 52 and 65 inches, and Above 65 inches. Amongst all, the Above 65 inches segment is estimated to hold the highest market share.

By Screen Type, the market is classified into Curved Screen and Flat Screen. Amongst these, the Flat Screen segment is estimated to hold the highest market share.

By Display Technology, the market is classified into LCD, LED/OLED, and Quantum Dot segments. Amongst them, the LED/OLED segment is to dominate the market.

By Distribution Channel, the market is classified into Offline stores and Online stores. Amongst these, the Online Store segment is estimated to hold the highest market share.

By End User, the market is classified into Residential, Commercial & Industrial. Amongst them, the Residential application is expected to grow at the highest CAGR.

By Geography, the APAC regions are projected to lead the market.

Recent Developments

1. Apple unveils the next generation of Apple TV 4K, making the best device for watching shows & movies even better - April 21, 2021
2. Samsung launches 2021 Neo QLED 8K and 4K TV models in India - April 15, 2021
3. More QLED Mi TVs coming from Xiaomi India in the next coming years - December 23, 2020

Company Profiles

Some of the companies covered in this report are Apple Inc., Sony Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., Panasonic Corporation, Koninklijke Philips N.V, Seiki Corporation, Toshiba Corporation, Hitachi Ltd., Haier Inc., etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global 4K TV Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market