Global Television Market 2020-2024
Technavio has been monitoring the global television market and it is poised to grow by USD 45.87 bn during 2020-2024, progressing at a CAGR of 12% during the forecast period. Our reports on global television market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising popularity of large-display televisions. In addition, increased demand for smart televisions is anticipated to boost the growth of the global television market as well.
Technavio’s global television market is segmented as below:
- Up To 43 Inches
- 55-64 Inches
- 48-50 Inches
- Greater Than 65 Inches
- North America
- South America
Key Trends for global television market growth
This study identifies increased demand for smart televisions as the prime reasons driving the global television market growth during the next few years.
Prominent vendors in global television market
We provide a detailed analysis of around 25 vendors operating in the global television market, including some of the vendors such as Funai Electric Co. Ltd., Hisense International Co. Ltd., LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Sharp Corp., Skyworth Group Ltd., Sony Corp., TCL Electronics Holdings Ltd. and VIZIO Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.