The Business Research Company’s Televisions Global Market Report 2021 – COVID-19 Impact And Recovery
LONDON, GREATER LONDON, UK, November 4, 2021 /EINPresswire.com/ — According to the new market research report ‘Televisions Global Market Report 2021 – COVID-19 Impact And Recovery’ published by The Business Research Company, the television market size is expected to grow from $63.48 billion in 2020 to $78.38 billion in 2021 at a compound annual growth rate (CAGR) of 23.5%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The TV market is expected to reach $95.79 billion in 2025 at a CAGR of 5%. The rise in disposable incomes was a major driver of the televisions market.
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The televisions market consists of sales of televisions and related services used for entertainment, information and education purpose. A television is a visual image and sound transmission system replicated on screens, primarily used to broadcast entertainment, data, and education programs.
Trends In The Global Televisions Market
The demand for Ultra HD televisions is increasing rapidly as they are energy efficient and offer high quality images. Ultra HD televisions include 4K and 8K UHDs that have an aspect ratio of 16:9 or wider, and also present a minimum resolution of 3840×2160 pixels. The transition from traditional CRT and LCD TVs to ultra-HD TVs has been fast owing to brisk pace in technological advances. For instance, in 2019, worldwide sales of 4K ultra-high-definition televisions reached 100 million units thus, indicating high demand for ultra-HD 4k and 8k televisions.
Global Televisions Market Segments:
The global televisions market is further segmented
By Product Type: Smart, Traditional
By End-User: Residential, Commercial, Others
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: The global televisions market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Televisions Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides televisions market overviews, analyzes and forecasts market size and growth for the global televisions market, televisions market share, televisions market players, televisions market segments and geographies, televisions market’s leading competitors’ revenues, profiles and market shares. The televisions market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More
Read Televisions Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Televisions Market Organizations Covered: Samsung, LG, Sony, Hisense, TCL, Philips, Vizio, Toshiba, Skyworth, RCA, Magnavox, Sharp, JVC, Polaroid/Sceptre, Fujistu, Sansui, Onida, MI, Micromax, Haier, Hitachi, Lloyd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, televisions market customer information, televisions market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global televisions market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Televisions Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Televisions Sector: The report reveals where the global televisions industry will put on most $ sales up to 2023.
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Here is a list of reports from The Business Research Company similar to the Televisions Global Market Report 2021:
Television Station Global Market Report 2021 – By Broadcaster Type (Public, Commercial), By Platform (Digital Terrestrial Broadcast, Satellite Broadcast, Cable Television Broadcasting Services, Internet Protocol Television (IPTV), Over-the-top Television (OTT)), COVID-19 Impact And Recovery
Television Broadcasting Global Market Report 2021 – By Type (Television Station, Television Network), By Broadcaster Type (Public, Commercial), By Revenue Source (Subscription-Based, Advertisement-Based), COVID-19 Impact And Recovery
Television Network Global Market Report 2021 – By Service (Direct Broadcast Satellite Services (DBS), Satellite Master Antenna Systems Services (SMATV), Multipoint Distribution System Services (MDS), Closed Circuit Television Circuits, Subscription Channel Services, Cable and Other Pay Services), COVID-19 Impact and Recovery
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Source: EIN Presswire