Global Television Market, By Screen Size, By Display Type, By
Distribution Channel, By Region, By Company, Competition, Forecast
and Opportunities, 2027
Bharat Book Bureau Provides the Trending Market Research Report on “Global
Television Market, By Screen Size, By Display Type, By Distribution Channel, By
Region, By Company, Competition, Forecast and Opportunities,
2027” under Consumer Goods Market Research Report Category. The report offers
a collection of superior Market research, Market analysis, competitive intelligence
and Market reports.
The global Television Market was valued at USD125.63 billion in 2021 and is
expected to grow at a steady CAGR of 6.65% in terms of value to reach a value of
USD182.79 billion by 2027. Rapid urbanization improved living standards, and high
per capita income is enabling them to invest in electronic products.
Consumers prefer to buy large screen, high-quality televisions as they have become
a status symbol at present. Also, the introduction of slim and better-quality
televisions by the market players and the emergence of online sales channels is
expected to create lucrative growth opportunities for the global television market
over the next five years.
There is high demand for video-on-demand services among consumers due to the
rise in the number of OTT service providing platforms delivering quality content.
Consumers opt to watch quality shows on big televisions, boosting television sales.
Also, there is a rise in the number of nuclear families, increasing the number of
households. The number of households matches the number of televisions sold,
which positively influences the market demand. The high-end investments by the
market players in research and development activities to upgrade the existing
infrastructure and find innovative solutions to increase the quality of television
displays are expected to fuel the global television market demand through the
forecast period.
The global television market is segmented on the basis of screen size, display type,
distribution chan