TechNavio recognizes the following companies as the key players in the Global Ultra High Definition TV Market: LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Sharp Corp., and Sony Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends witnessed in the Global Ultra HD TV market is the increasing number of partnerships among value chain entities. The emergence of ultra HD TVs has led to an increasing number of collaborations between ultra HD TV vendors and pay TV operators, both of which are members of the value chain. These partnerships are mutually benefiting both parties. Samsung and Microsoft Corp. have the highest number of collaborations worldwide; these two companies accounted for more than two-thirds of the total number of partnerships for ultra HD TVs worldwide. In terms of geography, Europe has the largest number of such partnerships.”
According to the report, one of the major drivers in this market is the increased spending on consumer electronic goods by consumers. The increased spending is expected to increase the growth prospects of the market. Moreover, the market is witnessing high adoption of ultra HD TVs in the emerging markets.
Further, the report states that one of the key challenges in this market is the high cost of ultra HD TVs. The high cost of ultra HD TVs hinders their adoption among price-conscious consumers. Hence, the adoption of ultra HD TVs is restricted to the affluent class of consumers, which forms a very small part of the target market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-ultra-high-definition-tv-market-2…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Ultra High Definition TV Market 2012-2016
