Digital TV SoC Market to reach USD 22.24 Bn by 2029, emerging at a CAGR of 12.60 percent and forecast (2023-2029)

The demand for high-definition and ultra-high-definition content is increasing significantly in recent years, and digital TV SoCs are required to support HD formats.

(EMAILWIRE.COM, June 03, 2023 ) The total global market for the “Digital TV SoC Market” was valued at USD 9.68 Bn in 2022 and is expected to grow at a CAGR of 12.60 percent over the forecast period to reach USD 22.24 Bn by 2029.

Digital TV SoC Market Report Scope and Research Methodology

The report presents a comprehensive analysis of the Digital TV SoC Market, which includes market growth drivers, opportunities, and restating factors. PESTLE, a SWOT analysis was used to determine the industry analysis. The data was collected through both primary and secondary research methods using references to authentic sources.

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Digital TV SoC Market Dynamics

Digital TV SoCs offer various benefits such as high-quality audio and video, multi-language features, electronic program support, etc. The market growth is driven by increasing demand for ultra-high definition and high definition content, increasing OTT streaming services, technology advancement and digital transformation.

Digital TV SoC Market Regional Insights

North America dominated the global market in 2022. The presence of key technological players, demand for ultra and high-definition TVs, and the adoption of smart TVs are expected to fuel the regional market growth over the forecast period.

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Digital TV SoC Market Segmentation

By End User
Residential
Commercial
Others

By Display Technology
LCD
LED
OLED
QLED

Digital TV SoC Key Players include:

Broadcom Inc.
MediaTek Inc.
Intel Corporation
Qualcomm Technologies, Inc.
Samsung Electronics Co. Ltd.
STMicroelectronics N.V.
Texas Instruments Incorporated
Novatek Microelectronics Corp.
MStar Semiconductor, Inc.
LG Electronics Inc
Sigma Designs
HiSilicon
Transtec Semiconductor AG
ViXS Systems Inc
Zoran Corporation
Silicon Laboratories Inc
NXP Semiconductors
Realtek Semiconductor Corporation

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Maximize Market Research is leading Electronics research firm, has also published the following reports:

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