Growing Inclinations towards Future-proof TV Boosting Growth in the 3D TV Market in APAC Region: Technavio Report

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London, 05 November 2014: TechNavio, the independent tech-focused global research firm, has published a report on the 3D TV Market in APAC Region 2014-2018, which is expected to grow at a CAGR of 33.20 percent during the forecast period of 2013-2018.

“Manufacturers are promoting 3D TV as future-proof, which are equipped with smart features that enable connectivity. Internet connectivity in 3D TVs is a major plus point which enables consumers to watch on-demand video content via free services such as YouTube, or via any paid service,” says Faisal Ghaus, Vice President of TechNavio.

“Some manufacturers are coming up with VOD facilities. Through this facility, viewers can watch movies, sports events, and musical shows as and when desired.”

Key Market Drivers

  • Replacement of Old CRT TVs
  • Decline in Prices
  • 3D Video Games
  • Future-proof TV
  • Video on Demand

Key Market Trends

  • Demand for Big Screens
  • 2D to 3D Conversion
  • Glasses-free 3D TV

Key Market Vendors

  • LG
  • Samsung Electronics
  • Sony
  • Toshiba

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.…