TV technology - statistics & facts

The technology of television (TV) has evolved significantly across the years. Initially, the demand was for CRT (cathode-ray tube) devices in the 1960s through to the early 2000s, before LCD (liquid-crystal display) TVs dominated the market up until the present day. The global TV market’s recent growth is driven by advanced technologies such as smart, OLED, and QLED TVs, as well as 4K and 8K resolution.

Resolution is one of the most common specifications that customers come across when deciding on the make and model of a TV set. The term refers to the number of pixels in each dimension that make up the picture on the screen, with newer models sporting ever-increasing pixel ranges. 4K TVs revolutionized home entertainment in the early 2010s, when they quadrupled the average pixel size of FHD models and offered viewers a sharper and more detailed picture quality. As prices for 4K TVs have dropped significantly over the past few years, these devices are now reaching mainstream adoption. In 2019, over 108 million 4K UHD TV units were forecast to be sold worldwide.

With tech giants Sharp, Samsung and LG leaping into 8K technology, the new age of television is looming on the horizon. 8K models offer four times more pixels than 4K TV, but as their prices are significantly higher, this state-of-the-art technology is yet to reach mainstream penetration. By 2023, eleven million 8K ultra HDTV units are expected to be sold worldwide, with households in the Asia-Pacific region forecast to see the quickest adoption of these models.

As new TV sets provide customers with a variety of comfortable features, people around the world update their devices according to the latest technological standards. Smart TVs have started to outperform traditional TVs in recent years, allowing users to access the web and stream their favorite programs.

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TV technology

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