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2019 - 23 years global HDMI cable in the market is compound rate of almost 5% _ _ cable wire and cable information network

by:AAA     2020-12-13
【 Cable network - 】 According to a leading market research firm Markets and Markets, according to a new study of 2019 - 2023 HDMI cables in the world market scale growth of 12. $800 million, a compound annual growth rate of nearly 5%. Growing demand for 4 k/UHD TV and HDMI 2. The rising popularity of 1 is the main factor to promote the growth of the market.



high-definition multimedia interface ( HDMI) Cable used for high-definition video and audio content, including 4 k and 8 k, can be in compatible with hd electronic components ( Such as the television screen, large screen display and monitor) On the view. HDMI2. 1 the requirements of the cable is rising around the world, because it provides a faster speed and better audio effect. HDMI2. The rising popularity of 1 is one of the key trends of HDMI cable market, this will have a positive impact on forecast period of market growth.

because of the price decline, such as disposable income increases, the increase in the number of commercial building and OTT channel growth factors, such as the demand for 4 k/UHD TV is on the rise. HDMI cables through high-definition multimedia on the TV screen, for 4 k TV provide enhanced viewing experience. Growing demand for 4 k/UHD TV will be the important factors to promote the growth of the HDMI cable market, the compound annual growth rate of nearly 5% during the forecast period.

from the point of the product type, HDMI cable is divided into standard, high-speed and high-speed cable. High-speed cable market of HDMI cable highest market share in 2018. However, ultra high speed by 2023 will become the market leader. During the prediction, ultra-high speed will be faster than the overall market growth. Standards and the subdivided market growth will be lower than the overall market.

from the point of regional market, the asia-pacific region has the highest market share in 2018. Market growth in the region will increase faster than in other parts of the market, the asia-pacific region will occupy the largest HDMI cables throughout the forecast period market share. China is a key market for HDMI cables in the region.

to enhance the gaming experience of high-definition television screen of growing demand, is expected to promote the growth of the HDMI cable markets in the asia-pacific region. The growth of the smart TV market and suppliers with new marketing plan and strategic partnership between HDMI cable market will further promote the region's growth.

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