Glasses-free 3D Viewing is Spurring Demand in the Global 3D TV Market: TechNavio Report
The Global 3D TV Market is expected to grow at a CAGR of 35.85 percent during the forecast period of 2013-2018.
3D TVs are expected to see huge growth in the consumer segment over the coming years, as manufacturers start producing new models at more affordable prices, thus putting pressure on big players to also drop their prices.
Additionally, the strongest growth in the market is expected in regions like China over the next four years.
“The Global 3D TV Market is expected to grow more in nascent markets than in mature and developed markets. While the US tops the overall shipments of TVs, the 3D TV market is expected to witness an increased demand from emerging markets such as China and Western Europe,” says Faisal Ghaus, Vice President of TechNavio Research.
“3D TV penetration in China is expected to be almost twice that of the US over our forecast period.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.