Ultra-high definition TV market in North America and the evolving TV industry



The dynamics within and around the TV industry are pretty awesome. In fact, from cathode ray tube (CRT) TVs to organic light-emitting diode (OLED) TVs, it is increasingly obvious that, people are demanding unique visual experiences with superior picture clarity, Advanced attributes of UHD TVs  and more.

 
Thanks to the increased purchasing power of consumers, and changing lifestyle of consumers, the demand for large-screen TVs is increasing with increasing HD content.

According to Technavio Ultra-high definition TV market in North America is expected to grow at a CAGR of 48% by 2019.

Technavio reveals that, the demand for advanced products in the region has led to the development of ultra-high definition (UHD) TVs on a massive scale. Their high resolution (four times the resolution of full HD), broader field of view, and extended color range have led to an increase in their adoption across North America. 

Others exciting dynamics include: Netflix have started streaming 4K UHD content and the following factors drive the UHD TV market in North America:
  • Advanced attributes of UHD TVs
  • Increase in popularity of 4K UHD TVs
  • Growing demand for large screen TVs
  • Evolving consumer preferences
For those who are unfamiliar, 4K UHD is the best resolution you can get.