Dual-Income Homes to Fuel 39% 4K TV Growth in APAC: Technavio
The Ultra HD 4K TV market is set to grow at a 15% compound annual growth rate, by $56.99 billion, from 2020-2025, reported Technavio Friday. Increased demand will come from developing countries, especially China, while the U.S., U.K., China, Japan…
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and South Korea markets will have demand for larger screen sizes. Nearly 40% of growth will originate from Asia-Pacific countries, driven by a rising number of dual-income households.