Home Press Releases Television Market expected to reach USD 164.15 Billion by 2029 at a CAGR of 8.2 percent

Television Market expected to reach USD 164.15 Billion by 2029 at a CAGR of 8.2 percent

by Press Room


(EMAILWIRE.COM, October 14, 2023 ) As per Maximize Market research, the Television Market was USD 94.04 Billion in 2022 and is expected to grow at a CAGR of 8.2 percent over the forecast period to reach USD 164.16 Billion by 2029.

Television Market Report Scope and Research Methodology

The market size and trends for the television market were analysed using a combination of primary research via interviews with key industry players, including television producers, distributors, and retailers and secondary research via analysis of industry reports, press releases, and company websites. Bottom-up approach were used to estimate Television Market size.

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Television Market Dynamics

The television market is ever-changing, with the emergence of new technologies. These technologies includes high resolution displays, organic light emitting diode and micro LED displays, and internet-enabled smart televisions. These technologies provide consumers a better viewing experiences and more features which increases the demand for TV.

Television Market Regional Insights

Asia-Pacific region dominated the Television Market in the year 2022 and is expected to maintain its dominance during the forecast period. The market is driven by increasing disposable income, urbanisation, technological advancements and internet penetration.

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Television Market Segmentation

By Distribution Channel

Electronics & Departmental Stores

E-Commerce Platforms

Streaming Platforms

By Technology

LED

QLED

OLED

Micro LED

By End User

Domestic Families

Hotels

Corporate

Healthcare

Retail

Education

Transportation

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Television Key Competitors include

Sony

Samsung

LG

TCL

Panasonic

Philips

Sharp

Maximize Market Research is leading Electronics research firm, has also published the following reports:

Connected TV Market – The market size is expected to reach USD 32.62 Bn. by 2029 at a CAGR of 13.3 percent during the forecast period.

Holographic TV Market– The Market size is expected to reach USD 8.91 Bn. by 2029 at a CAGR of 24.7 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defence, and other manufacturing sectors.



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