Digital TV Market is predicted to reach USD 212.4 Billion at a CAGR of 12.16% during the forecast period

Market Research Future has published a cooked research report on "Global Digital TV Market".

MRFR recognizes the following companies as the key players in the global Digital TV Market— Samsung Group, Metz, Koninklijke Philips N.V., Hisense Corporation Ltd., AT&T Inc., Sony Corporation Changhong, LG Corporation, Loewe, DISH Network, Verizon FiOS, Funai, TCL, Vestel, Roku, Vizio Incorporation, Skyworth, and Konka.

Digital TV Market Highlights

The global Digital TV Market is accounted to register a CAGR of 12.16% during the forecast period and is estimated to reach USD 212.4 Billion by 2032.

The digital TV market refers to the industry involved in the production, distribution, and consumption of television content through digital transmission methods. Unlike traditional analog broadcasting, digital TV utilizes digital signals to transmit audio and video, resulting in higher quality, better signal reception, and the potential for interactive features.  

Segment Analysis

The global Digital TV Market has been segmented based Resolution, Type, Size

The Digital TV market segmentation, based on Resolution, includes 720p, 480p, and 1080p. 1080p segment dominated the market in 2022. This is due to the rise in popularity of high-resolution digital TVs.

The Digital TV market segmentation, based on Type, includes HDTV, EDTV, SDTV, and Others. HDTV segment dominated the Digital TV market in 2022. This is a result of people's growing desire for HDTV.

The Digital TV market segmentation, based on Size, includes 32"-42", 11"-32", 42"-50", and 50" and Above. 42"-50" segment dominated the market in 2022. Consumer demand for larger-screen digital TVs is rising all across the world

Regional Analysis

The global Digital TV Market, based on region, has been divided into North America, Europe, Asia-Pacific and Rest of the World. The North America Digital TV Market dominated this market in 2022 (45.80%). This is as a result of the rapid emergence of OTT platforms and internet-enabled media. The considerable increase in cord-cutting cases is pressuring service providers to change their service offerings to online content distribution in order to increase their customer base. Further encouraging viewers to switch to OTT platforms is the incorporation of cutting-edge technology like artificial intelligence (AI) and machine learning (ML) to meticulously analyse users' viewing patterns and provide tailored suggestions. Further, the U.S. Digital TV market held the largest market share, and the Canada Digital TV market was the fastest growing market in the North America region.

Europe Digital TV market accounted for the healthy market share in 2022. This is because service providers have stopped using these business practises since profit margins for bundling products have decreased over time, which has a negative effect on industry growth. Further, the German Digital TV market held the largest market share, and the U.K Digital TV market was the fastest growing market in the European region.

The Asia Pacific Digital TV market is expected to register significant growth from 2023 to 2032. Due to the region's users' quick acceptance of the online subscription business model, IPTV has been the main growth driver. Additionally, the expansion of pay TV in rural homes in nations like China, India, and Indonesia has boosted the sector as a whole. In addition, new initiatives by federal organisations, like Telecom Regulatory Authority of India (TRAI) in India, allow users to tailor their choices and pay for channels in accordance with their needs, which is further enabling the widespread adoption of pay TV services in the nation and thereby promoting regional growth. Moreover, China’s Digital TV market held the largest market share, and the Indian Digital TV market was the fastest growing market in the Asia-Pacific region.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Digital TV Market Research Report

Key Findings of the Study

• The global Digital TV Market is expected to reach USD 212.4 Billion by 2032, at a CAGR of 12.16% during the forecast period.


• The Asia Pacific Digital TV market is expected to register significant growth from 2023 to 2032. Due to the region's users' quick acceptance of the online subscription business model, IPTV has been the main growth driver.


• The Digital TV market segmentation, based on Resolution, includes 720p, 480p, and 1080p. 1080p segment dominated the market in 2022. This is due to the rise in popularity of high-resolution digital TVs.


• Samsung Group, Metz, Koninklijke Philips N.V., Hisense Corporation Ltd., AT&T Inc., Sony Corporation Changhong, LG Corporation, Loewe, DISH Network, Verizon FiOS, Funai, TCL, Vestel, Roku, Vizio Incorporation, Skyworth, and Konka