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How is the Market for Digital TVs Growing Around the World?

Author: Tanjni Pache
by Tanjni Pache
Posted: Dec 20, 2020

The sophisticated digital TV models have gained considerable popularity across the globe and are being used widely. A number of manufacturers have been coming up with 4K Android TV models in recent years, while some of them have managed to stay ahead of their competitors by adding various innovative features. The market for these digital TVs is constantly growing and the leading companies consider their projects on these models to be successful.

Which of the digital TVs dominate the global market?

The global market for digital TVs is classified according to the types of the models, such as HDTV, SDTV, EDTV, etc. Among them, HDTV is essentially dominating the market with the highest sales volume recorded. These models are expected to continue to retain their position in 2023 as well, followed closely by newer models like UHDTV and FHDTV.

Comparison between HDTV and UHDTV

The HDTV is a new technology, which has already beaten SDTV in terms of popularity. 2017 witnessed global HDTV sales worth USD 36.44 billion. The main reason behind the popularity of HDTV is that these TVs offer high resolution and sharp images. The UHDTV technology is far more sophisticated and offers better visuals, along with bigger screens. These TVs have gained popularity at a rapid pace due to the high demand for larger displays. Moreover, the UHDTV models are generally integrated with various sophisticated features such as Android OS.

Where are digital TVs finding their largest market?

These sophisticated devices have found acceptance worldwide due to the experience they offer. The North America Region is currently the largest market for these TVs, with the highest sales recorded in 2017. However, the fastest growing market for the 4K Ultra HD smart TV models lies in the Asia-Pacific region, owing to the increasing demand for the latest technologies. Moreover, countries such as India and China have been recording a growth in the per capita disposable income, resulting in higher affordability among the masses.

Technologies integrated into the digital TVs

Needless to say, the differences in technology and features are what set apart a digital TV from an analog one. These TVs offer various smart features which offer better entertainment. Some of the features sound in the best 4K Ultra HD TV models are:

App store: Due to the popularity of OTT services, the leading manufacturers started to preinstall OTT apps in their TVs. However, the latest TVs come with dedicated app stores too which allow the users to download more apps.

AI engines: The sophisticated TVs are integrated with smart AI engines which enhance their performance. These include Micro Dimming, AI Picture Engine, Smart Sound, etc. which optimise the audio and picture quality.

Android OS: The TVs which run on the latest versions of the Android OS deliver a variety of functions. The best models support a wide range of apps, high-end games, screen casting, voice recognition and other features.

Evidently, buyers would choose a 55 inch 4K smart TV with such features over a traditional analog TV. The digital TVs are expected to continue recording high sales in the global market.

About the Author

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Author: Tanjni Pache

Tanjni Pache

Member since: Jan 31, 2020
Published articles: 97

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