|[November 04, 2013]
Research and Markets: Global Ultra High Definition TV Market 2012-2016: Increased Number of Collaborations between Ultra HD TV Vendors and Pay TV Operators
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/s32887/global_ultra_high)
has announced the addition of the "Global
Ultra High Definition TV Market 2012-2016" report to their
The analysts forecast the Global Ultra High Definition TV market to grow
at a CAGR of 97.3 percent over the period 2012-2016. One of the key
factors contributing to this market growth is the increased spending on
consumer electronic goods by consumers. The Global Ultra High Definition
TV market has also been witnessing the increasing number of partnerships
among the value chain entities. However, the high cost of ultra HD TVs
could pose a challenge to the growth of this market.
The key vendors dominating this market space are Samsung (News - Alert) Electronics Co.
Ltd., LG Electronics, Sony Corp. and Panasonic Corp.
Other vendors mentioned in the report are Sharp Corp. and Toshiba (News - Alert) Corp.
Commenting on the report, an analyst from the 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 (News - Alert) 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
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.
For more information visit http://www.researchandmarkets.com/research/s32887/global_ultra_high
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