Global ATSC 3.0 Devices Market Growth (Status and Outlook) 2023-2029

Global ATSC 3.0 Devices Market Growth (Status and Outlook) 2023-2029

Product Code:464218

Published Date: Feb 08,2023

Pages: 87

Region: Global

Category: Machinery & Equipment

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ATSC 3.0 is a major version of the ATSC standards for television broadcasting created by the Advanced Television Systems Committee (ATSC). ATSC 3.0 comprises around 20 standards covering different aspects of the system and in total will have over 1,000 pages of documentation. The standards are designed to offer support for newer technologies, including HEVC for video channels of up to 2160p 4K resolution at 120 frames per second, wide color gamut, high dynamic range, Dolby AC-4 and MPEG-H 3D Audio, datacasting capabilities, and more robust mobile television support. The capabilities have also been foreseen as a way to enable targeted advertising and finer public alerting. ATSC 3.0 is a major upgrade for antenna TV, designed to allow for 4K resolution and even a major sound upgrade to broadcast TV. The switch could be as significant as the transition from analog broadcasts to digital HD - except this time it's going to be a whole lot easier. ATSC 3.0 was initially launched in 2017 in South Korea, mainly in preparation for the 2018 Winter Olympics.

LPI (LP Information)' newest research report, the “ATSC 3.0 Devices Industry Forecast” looks at past sales and reviews total world ATSC 3.0 Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected ATSC 3.0 Devices sales for 2023 through 2029. With ATSC 3.0 Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world ATSC 3.0 Devices industry.

This Insight Report provides a comprehensive analysis of the global ATSC 3.0 Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on ATSC 3.0 Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global ATSC 3.0 Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ATSC 3.0 Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global ATSC 3.0 Devices.

The global ATSC 3.0 Devices market size is projected to grow from US$ 3105.8 million in 2022 to US$ 23020 million in 2029; it is expected to grow at a CAGR of 33.1% from 2023 to 2029.

Global key players of ATSC 3.0 Devices include LG, Samsung and Sony, etc. Global top three manufacturers hold a share over 90%. Asia-Pacific is the largest market of ATSC 3.0 Devices, with a share nearly 90%, followed by North America.

This report presents a comprehensive overview, market shares, and growth opportunities of ATSC 3.0 Devices market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    TV
    STB
    Mobile
    Others

Segmentation by application
    Residential
    Commercial
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    LG
    Samsung
    Sony
    Hisense
    Zinwell Corporation
    Geniatech