4K/Ultra HD TVs driving flat panel TV market to 194MN units by 2022

Rapid 4K flat panel TV shipments over the past few years is contributing to the overall growth of the global flat panel TV market says ABI Research.

The analyst’s Media Devices: UltraHD, 4K, HDR, 8K, HEVC report said that 4KTV units account for more than a third of the total flat panel TV units sold in 2017 and forecasts that 4K flat panel TV shipments will surpass 102 million in 2018, representing 44% of total global flat panel TV shipments. It adds that consumer demand for 4K flat panel TV sets will drive the market to grow at CAGR 17.3% to reach 194 million unit shipments in 2022.

Source: 4K/Ultra HD TVs driving flat panel TV market to 194MN units by 2022

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