Global 4K2K TV Market to Grow 33.81% by 2020 - Rising Popularity of 4K UHD Content - Research and Markets

DUBLIN, July 8, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global 4K2K TV Market 2016-2020" report to their offering.

The report forecasts the global 4K2K TV market to grow at a CAGR of 33.81% during the period 2016-2020. To calculate the market size, the report considers the revenue generated from sales of 4K2K TVs by display size:

• 40-49 inches
• 50-59 inches
• 60-69 inches
• 70-79 inches
• 80 inches and above

A trend which is boosting the market is the high numbers of Chinese players entering the market. The increasing productivity and efficiency of Chinese players is posing a threat to well-established South Korean and Taiwanese players.

According to the report, a key driver of market growth is the rising popularity of 4K UHD content. The introduction of high-resolution TVs in the market has created opportunities for broadcasters and media organizations to enhance video quality. For instance, Netflix started offering 4K UHD movie services to its consumers. Similarly, Amazon started its 4K UHD streaming services. Currently, Amazon's series such as Alpha House and Transparent are shown in UHD format. With the rise in awareness of 4K UHD content and its advantages, many players in the market are increasing their investment in the technology.

Further, the report states that one challenge that could hamper market growth is the discrepancy in the demand-supply ratio for LCD panels. Panel makers are increasingly facing issues with capacity conversion, growth in the average size, and a strong Chinese market.

Key vendors:

• Hisense
• LG Electronics
• Panasonic
• Samsung Electronics
• Sony

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market description

PART 06: Market landscape

PART 07: Market segmentation by display size

PART 08: Buying criteria

PART 09: Geographical segmentation

PART 10: Key leading countries

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape

PART 17: Appendix

For more information visit http://www.researchandmarkets.com/research/rm695g/global_4k2k_tv

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