TV technology - statistics & facts
Whether to keep up to date with news programs or to watch movies and series, televisions (TVs) play a key role in people’s everyday life. Over the decades, the technology behind these devices has significantly evolved, contributing to the expansion of the TV market worldwide. In 2024, the TV industry was forecast to generate revenues of around 97 billion U.S. dollars, a value expected to stay relatively stable in the coming years. Nowadays, advanced technologies in terms of connectivity and resolutions are the main drivers of the TV industry growth, bringing innovative devices and features to the table, examples of which are smart and connected TVs, improved displays, as well as 4K and 8K resolutions.
