According to a new report, published by KBV research, The Global Digital TV SoC Market size is expected to reach $17.4 billion by 2028, rising at a market growth of 11.4% CAGR during the forecast period.
The Commercial segment is showcasing a CAGR of 13.9% during (2022 - 2028). Commercial display panels that already have inbuilt SoC technology may now be utilized as media players for digital signage, eliminating the requirement for additional players to be brought in from the outside. Because of this, costs and complexities are eliminated, and the management of digital signage networks is made easier. Displays that include SoC technology are quickly becoming a popular choice among end customers.
The LCD segment is leading the Global Digital TV SoC Market by Application in 2021, and thereby, achieving a market value of $11.9 billion by 2028. The ability of liquid crystals to control light is used in a kind of flat panel display known as a liquid crystal display or LCD for short. For the purpose of producing pictures in color or black and white, liquid crystals make use of a backlight or reflector rather than directly generating light. A graphics processing unit, or GPU, is included on the SoC in order to manage and improve the visual and video performance necessary for digital output to flat panel displays.
The Asia Pacific market dominated the Global Digital TV SoC Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7 billion by 2028. The Europe market is exhibiting a CAGR of 11.2% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 10.7% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/digital-tv-soc-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Qualcomm, Inc., Toshiba Corporation, NXP Semiconductors N.V., STMicroelectronics N.V., MediaTek, Inc., Broadcom, Inc., Apple, Inc., and Taiwan Semiconductor Manufacturing Company Limited.
By End User
By Application
By Geography
Companies Profiled
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