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Ultra High Definition (UHD) TV Market - Forecast(2022 - 2027)

Ultra High Definition (UHD) is a technological advancement in the television industry after Full HD and offers four times enhanced resolution as compared to the full high definition (HD) television and hence is also known as a 4K television set. Globally, growing demand and consumption of HD televisions as result of digitization of cable network is expected to drive the demand for the ultra high definition (UHD) televisions during the period of study. Ultra High Definition (UHD) TV Market Geographically, North America dominated the ultra high definition (UHD) TV market driven by higher demand and consumption of ultra high definition (UHD) TV sets due to digitized cable network with HD support coupled with high purchasing power of citizens in the region. North America was followed by Europe and Asia-Pacific as second and third largest market for the ultra high definition (UHD) TV market. Asia Pacific is projected to have the fastest growth, owing to rapidly increasing demand and consump...