Connect with us

Technology

Television Market size to increase by USD 73.1 Billion between 2024 to 2029, Market Segmentation by Technology, Display Size, Geography, Technavio

Published

on

NEW YORK, Jan. 3, 2025 /PRNewswire/ — The global television market size is estimated to grow by USD 73.1 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of over 8.2% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

Technology 1.1 UHD1.2 HDDisplay Size2.1 Upto 43 inches2.2 55-64 inches2.3 48-50 inches2.4 Greater than 65 inchesGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and AfricaTypeDistribution Channel

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

1.1 Fastest growing segment:

UHD televisions, also known as 4K televisions, have gained popularity due to their high resolution of 3,840 pixels x 2,160 lines (8.3 megapixels; aspect ratio 16:9). The global market for UHD televisions is expected to double by the end of the forecast period, with significant growth in countries such as China, Australia, and the US. Vendors have also introduced 8K resolution televisions, offering a horizontal resolution of 7,680 pixels and a total image dimension of 4,320 pixels. The 8K market is projected to experience the most growth due to the demand for high-resolution television sets and the need for enhanced content creation. Despite the lack of UHD content, subscription providers are addressing this issue by creating more UHD content to meet the demand. Technological advances will continue to drive the growth of the global 8K UHD television market during the forecast period. Anticipating this demand, display vendors have increased production capacity to meet consumer needs.

Analyst Review

The Pay TV market continues to evolve, with various technological segments including Cable TV, Direct-to-Home, and Fiber optic services, catering to the insatiable consumer appetite for high-definition content. Over-the-top platforms have disrupted traditional TV viewing, offering premium content on-demand. UHD content, including technologies like Virtual Reality and Augmented Reality, is becoming increasingly popular. Smart TV capabilities, such as voice control and content integration, are now standard features. Eco-friendly designs, including OLED displays with bezel-less and frameless designs, are gaining traction in the residential and commercial sectors. The future of TV includes ultra-high-definition services, curved displays, foldable displays, and even TVs that double as works of art. The technological advancements in the Pay TV market are truly transforming the way we consume content.

Market Overview

The Pay TV market encompasses various segments, including Cable TV, Direct-to-Home, and Fiber Optic services. The valuation of this industry continues to grow, fueled by consumer appetite for high-definition content and advanced Smart TV capabilities. Over-the-top platforms have disrupted traditional Pay TV models, offering flexibility and affordability. Ultra-high-definition services, content security systems, and viewer preferences shape the future market landscapes. Residential sectors, particularly housing units, are significant contributors to the Pay TV industry. Spotv and other regional players cater to specific territories. Technological segments, such as cable, satellite, and internet protocol, compete for market share. Consumer electronics evolution, with screens ranging from LCD to OLED, and technologies like gaming and console compatibility, enhance the TV viewing experience. Eco-friendly and home office-friendly designs, including OLED displays, bezel-less and frameless designs, and curved displays, add to the TV’s role as art. Future market landscapes include foldable displays, content integration, and potential investors from various industries. The Pay TV industry’s potential growth is influenced by disposable incomes, particularly in emerging economies. The ecosystem’s continuous evolution shapes the Pay TV industry, with postpaid and prepaid services catering to different consumer segments in both residential and commercial sectors.

To understand more about this market- Download a FREE Sample Report in minutes!

Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/television-market-size-to-increase-by-usd-73-1-billion-between-2024-to-2029–market-segmentation-by-technology-display-size-geography–technavio-302340985.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Acies Wins ET Now Best Brands Award 2024 – Celebrating Innovation and Excellence in Technology-Led Transformations

Published

on

By

MUMBAI, India, Jan. 8, 2025 /PRNewswire/ — Acies is proud to announce that it has been recognized as one of ET Now’s Best Brands for 2024, a prestigious honor that highlights the firm’s dedication to delivering innovative, technology-driven solutions and transforming businesses worldwide.

The ET Now Best Brands Conclave is an annual event that recognizes brands excelling in innovation, resilience, and customer connection. The 7th Edition of the Conclave, held on December 19, 2024, at Mumbai’s iconic ITC Maratha, brought together industry leaders to celebrate brands that are setting new standards in their fields.

Acies received this recognition for its exceptional approach to driving business growth and transformation. By combining high-performance no-code enterprise applications with impactful advisory services, Acies empowers institutions to achieve measurable outcomes and adapt to the rapidly evolving business environment.

“This recognition is a testament to the vision we have at Acies—to enable businesses to stay ahead by leveraging the power of technology. It represents our commitment to delivering solutions that are not only innovative but also create lasting value for our clients and partners. We are honored to be acknowledged as a leader in democratizing technology and successfully delivering technology-led transformations, and this motivates us to keep raising the bar,” said Muzammil Patel, Chief Executive Officer of Acies. 

“This award reflects the hard work and dedication of our team in helping businesses achieve meaningful transformation…” said Arindam Banerjee, Head of Business Development at Acies. “By blending advanced technology with deep functional expertise, we deliver solutions that create real impact and help organizations overcome complex challenges.”

Abhinava Bajpai, Head of Acies TechWorks, added, “Being named ET Now’s Best Brand for 2024 is an incredible achievement for us. It highlights the value of our no-code enterprise applications in providing flexible and scalable solutions that help institutions succeed in today’s dynamic market.”

This milestone is a reflection of the trust and support of Acies’ clients and partners. At Acies, they believe in working together to deliver meaningful results, and this recognition is a celebration of the strength of their collaborations.

Acies remains committed to empowering businesses with innovative solutions that address their unique challenges. By continuing to expand the capabilities of their no-code platforms and adopting cutting-edge technologies, Acies aims to set new benchmarks and enable sustainable growth for their clients.

About ET Now Best Brands Conclave

The ET Now Best Brands Conclave is an annual event that celebrates brands excelling in innovation, customer connection, and sustainability. The conclave brings together industry leaders to share insights and strategies for building and sustaining top-tier brands in a rapidly evolving marketplace.

To learn more about ET Now Best Brands Conclave, click here.

About Acies

Acies is a multinational firm offering a diverse range of technology platforms, consulting services, content solutions, and strategic investments. We empower businesses to implement, scale, and achieve sustainable growth.

Contact Details:
Name: Rahul Murthi
Contact Number: +(91) 9920012453
Email ID: rahulmurthi@acies.holdings 

 

View original content:https://www.prnewswire.com/in/news-releases/acies-wins-et-now-best-brands-award-2024—celebrating-innovation-and-excellence-in-technology-led-transformations-302345574.html

Continue Reading

Technology

Rivada Expands Asia Pacific Team

Published

on

By

Rivada’s Outernet offers unique low-latency, highly secure connectivity for enterprise & government

High-speed global data constellation using satellite-to-satellite laser linksUltra-secure and extremely low-latency networkCombining the speed of fiber with the reach of satelliteGateway-less architecture ensures security by design

MUNICH, Jan. 8, 2025 /PRNewswire/ — Rivada Space Networks has expanded its Asia Pacific Team with the appointment of satellite industry veteran Chiun Maw Teo as Sales Director APAC. Mr. Teo will be based in Singapore and will focus on the telecoms sector, providing the most demanding enterprise and government customers with Rivada’s highly secure, high-bandwidth, global connectivity network.

The Rivada Outernet is a next-generation low-Earth orbit satellite constellation. When fully deployed it will provide gigabit-speed connectivity to any point on the globe, without needing to touch the public internet or any third-party infrastructure. Combining inter-satellite laser links with advanced onboard processing and unique routing and switching capabilities, this optical mesh network, in which data stays in space from origin to destination, creates an ultra-secure infrastructure with pole-to-pole coverage, offering end-to-end latencies much lower than terrestrial fiber over similar long distances.

For Enterprise and Government customers, the key attributes of the Outernet are ideal for a variety of applications. Rivada’s Outernet, for example, allows banks and other multinationals to create secure, single-domain networks between widely distributed offices. It provides significantly more bandwidth for oil & gas exploration firms than is available today, enables seamless connectivity for shipping & fleet management, and provides 5G satellite backhaul connectivity for network expansion to cellular operators. Connectivity providers in Asia can gain a competitive advantage by expanding their offerings in these markets, enabling new opportunities through secure, multi-gigabit bi-directional performance, combined with worldwide reach.

Donald Chew, Rivada’s VP of Sales for Asia, said: “With more than US$13.5 billion of business globally for its unique LEO network and a growing number of key regional partners, we are seeing a huge uptake in our business in Asia, underlining the growing appetite for our unique space-based network.” Chew added: “The Outernet’s ability to meet the requirements of Asia’s connectivity providers in terms of security, latency, capacity, and coverage is a game-changer for the region. With his extensive experience with Singtel Satellite and with CPI Satcom, I’m delighted to welcome Chiun Maw Teo to the Rivada team.”

Declan Ganley, CEO of Rivada, said: “Asia’s subsea cables, which carry much of the world’s data traffic, are increasingly becoming a focal point of geopolitical tensions, with frequent cable cuts resulting in severe outages. More than ever, the Asia Pacific region needs resilient infrastructure, that is fast, secure and reliable. The Outernet is key to enhancing the region’s telecommunications infrastructure, support national digital strategies, ensure uninterrupted connectivity and expand international bandwidth.”

About Rivada Space Networks

Rivada Space Networks GmbH is deploying the first true “Outernet”: a global, low-latency, point-to-point connectivity network of LEO satellites. By connecting its satellites with lasers, Rivada will provide resellers and B2B customers with the ability to securely connect any two points on the globe with low latency and high bandwidth. The constellations, comprising 600 low-earth-orbit communications satellites, will represent a fundamental change in the availability of secure, global, end-to-end enterprise-grade connectivity for Telecom, Enterprise, Maritime, Energy and Government Services markets. Rivada Space Networks is a wholly owned subsidiary of Rivada Networks, Inc. www.rivadaspace.com 

Follow Rivada Space Networks on:
LinkedIn: https://www.linkedin.com/company/rivada-space/
Twitter: @rivadaspace 

Media Contacts

Melanie Dickie, Chief Marketing & Communication Officer
Rivada Space Networks GmbH
Tel: +31 6 14 22 97 62
Email: mdickie@rivadaspace.com

Brian Carney, SVP Corporate Communications
Rivada Networks, Inc
Tel: +1 (207) 256-0386
Email: bcarney@rivada.com 

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/rivada-expands-asia-pacific-team-302345594.html

SOURCE Rivada Space Networks

Continue Reading

Technology

Industrial Hemp Market worth $30.24 billion by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

By

DELRAY BEACH, Fla., Jan. 8, 2025 /PRNewswire/ — The industrial hemp market is estimated at USD 11.03 billion in 2024 and is projected to reach USD 30.24 billion by 2029, at a CAGR of 22.4% from 2024 to 2029, according to a report published by MarketsandMarkets™.

The demand for industrial hemp is growing globally due to increasing demands for the use of environment-friendly products in the different sectors like textiles, construction, bioplastics, personal care products, and the increased cultivation, favourable regulatory amendments, as well as widespread recognition of its environmental benefits among consumers are driving the growing interest in the global industrial hemp market. The development of new, innovative hemp-based products is yet another opportunity to grow markets with biodegradable plastics and natural fibers. Going forward, the market will keep on growing with continuous loosening of regulations by governments to support hemp cultivation.

Browse in-depth TOC on “Industrial Hemp Market”

307 – Tables
30 – Figures
299 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84188417

The hemp seed segment holds the highest market share in the type of segment of the industrial hemp market.

Hemp seed hold highest market share in industrial hemp because of its diverse uses, like the food sector, cosmetic areas, and even in agricultural operations. Hemp seed is high in essential fatty acids, and it does contain proteins along with vital nutrients that really make a great product for any food industry or wellness-oriented operations. Skincare products contain the oil extracted from hemp seeds. Snacks, beverages, and supplements also contain hemp seeds. As the demand for plant-based nutrition and sustainable ingredients grows, hemp seeds lead the market in the industrial hemp.

The conventional source segment holds highest share in the source segment in industrial hemp market during the forecasted period 2024-2029.

The conventional sources of the industrial hemp market dominate because they already have established infrastructure system and are highly accepted for farming and processing. Traditional farming, along with government policies and supply chains already set up, remains the largest area of production of hemp for textiles, bioplastics, and food products. This would mean consistent yields and product quality as conventional sources assure, making it a choice source for large-scale industrial hemp production. So, with this growth of demand, conventional sources should remain the leader in this market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=84188417

Based on region, Europe has a significant share in the industrial hemp market.

Europe accounts for significant share in industrial hemp market due to its strong agricultural sector, supportive regulatory environment, and increasing demand for sustainable products. The European Union has policies to encourage hemp farming; these policies include financial incentives to farmers and a clear framework for the processing of the crop. Hemp farming is on the rise across the European region, especially with regard to fiber production. Between 2015 and 2022, the areas planted with hemp in the EU increased by 60% from 20,540 hectares to 33,020 hectares. In the same time span, hemp production saw a growth of 84.3%, increasing from 97,130 tonnes to 179,020 tonnes. The country that leads as the biggest producer is France with more than 60%, Germany with 17% followed by the Netherlands by 5%.

In December 2021, the European Union approved its new Common Agricultural Policy (CAP) for 2023-2027, applicable from January 2023. This new policy opens the way for farmers to be paid directly for cultivating hemp varieties listed in the EU Catalogue with a THC content below 0.3%. For now, hemp varieties must contain less than 0.2% of THC. Traditionally, hemp fibres in Europe have mostly been used for specialty pulp and paper, such as cigarette paper, Bible paper, and banknotes. However, thanks to the European Commission’s supports, increasing research and development lead to the expansion of this use of hemp fibers both in automotive applications and for construction materials.

The report profiles key players such as Curaleaf Holdings, Inc. (US), Green Thumb Industries (US), Canopy Gowth Corporation (Canada), AURORA CANNABIS INC. (Canada), The Cronos Group (Canada), Ecofibre Ltd (Australia), HempFlax Group B.V. (Netherlands), Dun Agro Hemp Group (Netherlands), Fresh Hemp Foods Ltd. (Canada), GenCanna (US), Konoplex Group (Russia), Canah International (Netherlands), MH Medical Hemp GmbH (Germany), Liaoning Qiaopai Biotech Co., Ltd. (China), and IND HEMP (US).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=84188417

Browse Adjacent Reports @ Food and Beverage Market Research Reports & Consulting

Related Reports:

Cannabis Market Size, Share, Trends Analysis Report, By Product Type (Flowers, Concentrates, Edibles, Topicals & Tinctures), By Compound (THC-Dominant, CBD-Dominant, and Balanced THC & CBD), By Application (Medical and Recreational), and By Region (North America, South America, Europe and RoW) – Industry Forecast – 2027

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/industrial-hemp-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/industrial-hemp.asp

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/industrial-hemp-market-worth-30-24-billion-by-2029–exclusive-report-by-marketsandmarkets-302345364.html

Continue Reading

Trending