The Digital TV SoC Global Market Report 2023, provides comprehensive information on the digital TV SoC market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Digital TV SoC Global Market Report 2023, the market size is expected to grow from $8.78 billion in 2022 to $9.93 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global digital TV SoC market size is expected to reach $15.58 billion in 2027 at a CAGR of 11.9%.
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The adoption of artificial intelligence into digital TV SoC have emerged as a key trend gaining popularity in the digital tv SoC market. Major market players are concentrating their efforts on creating technological advanced products to strengthen their position in the market. For instance, in October 2020, MediaTek, a Taiwan-based semiconductor company launched MT9602, a latest smart TV SoC. This AI-enabled SoC is specifically designed to support smart TVs with 4K HDR displays, providing advanced AI-enhancement technologies for both picture quality (AI-PQ) and audio quality (AI-AQ). The AI-enhancement technologies embedded in the MT9602 allow smart TVs to optimize the picture and audio quality automatically and it analyzes the content in real-time and enhances the image quality by adjusting the brightness, contrast, and color saturation levels.
The digital TV SoC market is segmented:
1) By Display Technology: LCD (Liquid Crystal Display), LED (Light Emitting Diode), OLED (Organic Light Emitting Diode), QLED (Quantum Dot Light Emitting Diode)
2) By Application: Smart Televisions (TVs), Set Top Boxes, Other Applications
3) By End-User: Residential, Commercial, Other End-Users
Asia-Pacific was the largest region in the digital TV SoC market in 2022.
The table of contents in TBRC’s digital TV SoC market report includes:
1. Executive Summary
2. Digital TV SoC Market Characteristics
3. Digital TV SoC Market Trends And Strategies
4. Digital TV SoC Market – Macro Economic Scenario
5. Digital TV SoC Market Size And Growth
……..
26. Africa Digital TV SoC Market
27. Digital TV SoC Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital TV SoC Market
29. Digital TV SoC Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
Intel Corporation
Samsung Electronics Co. Ltd.
Qualcomm Inc.
Toshiba Corporation
NXP Semiconductors
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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