Global Digital Television (TV) Market, By Type (SDTV, EDTV, HDTV and others), Resolution (480p (640 x 480), 720p (1280*720), 1080p (1920*1080), Others (4K)), Size (11''-32'', 32''-42'', 42''-50'' and 50'' & above), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Digital Television (TV) Market
Data Bridge Market Research analyses that the digital television (TV) market will exhibit a CAGR of 12.50% for the forecast period of 2021-2028 and is expected to reach the market value of USD 23,856.23 million by 2028.
Digital TV technology has evolved considerably throughout recent years. Digital TV could be a system by that TV programmes area unit transmitted in encrypted format people who have got it, therefore it's additionally referred to as subscription TV. Digital TV includes native and premium content. Firms giving digital TV instrumentality area unit demonstrating use cases that cause increase in work potency, productivity, and compliance, that is predicted to be remunerative once the technology matures.
Advancements in technology and new trends are expected to develop opportunities for the digital TV market within the near future. Video on demand, customized content and HD viewing are expected to enhance and grow in usage for digital TV. Increase in demand for web protocol TV and reduction in subscription price are the most important factors driving the world digital TV market growth. Notable factors completely poignant the digital TV market embody increasing demand for ipTV (internet protocol television) and rising range of subscribers, rising Omni channel accessibility and increasing range of latest channels are expected to supply remunerative opportunities for the digital TV trade growth within the forecast period.
However, content security and rising ott platforms hamper the expansion of the market, further, rising web penetration worldwide has created a threat to digital TV growth because it led to extend in connected services such as OTT content and platform.
Ott platforms are now-a-days extremely popular for its content and wireless network. This issue is limiting the expansion of the market. However, the increasing demand for the ipTV and reduction within the subscription charges have contributed more towards the expansion of the digital television (TV) market.
This digital television (TV) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on digital television (TV) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Digital Television (TV) Market Scope and Market Size
The digital television (TV) market is segmented on the basis of type, resolution and size. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the digital television (TV) market is segmented into SDTV, EDTV, HDTV and others.
- On the basis of resolution, the digital television (TV) market is segmented into 480p (640 x 480), 720p (1280*720), 1080p (1920*1080) and others (4K).
- On the basis of size, the digital television (TV) market is segmented into 11''-32'', 32''-42'', 42''-50'' and 50'' & above.
Digital Television (TV) Market Country Level Analysis
The digital television (TV) market is analysed and market size, volume information is provided by country, type, resolutions and size as referenced above.
The countries covered in the digital television (TV) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the digital television (TV) market and will continue to flourish its trend of dominance during the forecast period due to the new initiatives by federal organizations, permits user to customise their selections and get hold of channels in line with their demands, that is more facultative wide-scale adoption of digital tv services within the country, thereby causative to the regional growth. North-America will however, register the highest cagr for this period due to the growing number of service providers and rise in the utilisation of internet penetration and advent of ott in this region.
The country section of the digital television (TV) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Digital Television (TV) Market Share Analysis
The digital television (TV) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies’ focus on the digital television (TV) market.
The major players covered in the digital television (TV) market report are Samsung, Metz, Koninklijke Philips N.V., Hisense Corporation Ltd., AT&T Intellectual Property, Sony Corporation, Changhong, LG Electronics, DISH Network, Verizon, Funai, TCL, Vestel, Roku, Inc., Vizio Incorporation, Skyworth India Electronics Pvt Ltd., and KONKA Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-