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Television Market to Grow by USD 73.1 Billion by 2029, Product Innovation, Portfolio Extension, and Premiumization Boost Market, AI-Driven Report – Technavio

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NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global television market size is estimated to grow by USD 73.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 8.2%  during the forecast period. Product innovation and advances leading to portfolio extension and product premiumization is driving market growth, with a trend towards advent of 8k uhd televisions. However, lack of 4k content  poses a challenge. Key market players include Apple Inc., Changhong, Elitelux Australia, Funai Electric Co. Ltd., Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Koninklijke Philips NV, Konka Group Co. Ltd., LG Corp., Micromax Informatics Ltd., MIRC Electronics Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Sharp Corp., Skyworth Group Ltd., Sony Group Corp., TCL Industries Holdings Co. Ltd., Videocon Industries Ltd., VIZIO Holding Corp., and Xiaomi Inc..

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Television Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 8.2%

Market growth 2025-2029

USD 73.1 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.4

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, South Korea, India, Germany, UK, Japan, Canada, France, and Italy

Key companies profiled

Apple Inc., Changhong, Elitelux Australia, Funai Electric Co. Ltd., Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Koninklijke Philips NV, Konka Group Co. Ltd., LG Corp., Micromax Informatics Ltd., MIRC Electronics Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Sharp Corp., Skyworth Group Ltd., Sony Group Corp., TCL Industries Holdings Co. Ltd., Videocon Industries Ltd., VIZIO Holding Corp., and Xiaomi Inc.

Market Driver

The Pay TV market is thriving, with a valuation of over USD200 billion. Cable TV and Direct-to-Home (DTH) continue to dominate, but Fiber optic services are gaining ground. Consumer appetite for high-definition content and smart TV capabilities fuels growth. Over-the-top platforms like Netflix and Amazon Prime are disrupting traditional Pay TV models, offering premium content at affordable prices. Ultra-high-definition services, content security systems, and viewer preferences shape the future market landscapes. Residential sectors, particularly housing units, are the largest consumer base. Companies like Spotv are innovating with TV-as-a-Service (TVaaS) models, postpaid and prepaid services. Commercial sectors offer potential for acquisitions and partnerships. Technological segments include cable, satellite, and internet protocol. The Pay TV industry caters to both residential and commercial sectors, providing entertainment programs, data programs, and product types like LCD, LED, and OLED screens. Consumer electronics evolution, gaming, and console compatibility enhance the user experience.  technologies, eco-friendly designs, and emerging economies are shaping the Pay TV industry’s future. The ecosystem includes territories, technological segments, cable, satellite, internet protocol, residential sector, commercial sector, and more. 

At the Consumer Electronics Show (CES) 2018, 8K resolution televisions were introduced, offering a higher resolution standard than current UHD or 4K televisions. With approximately 8,000 horizontal pixels, 8K quadruples the total number of pixels in 4K. The demand for high-resolution display devices and enhanced content creation is driving the growth of 8K televisions. Major vendors, including LG, Samsung, and Sony, have unveiled 8K television series, although these are currently not consumer versions. The 8K televisions showcased at CES served as proof-of-concepts for the higher resolution technology. 

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Market Challenges

The Pay TV market encompasses various segments like Cable TV, Direct-to-Home, and Fiber optic services. Valuation of this industry relies on consumer appetite for high-definition content and smart TV capabilities. Over-the-top platforms challenge traditional Pay TV models with their flexibility and affordability. UHD services and content security systems are key trends. Residential sectors, particularly housing units, are significant markets, while commercial sectors cater to businesses and potential investors. Spotv, viewer preferences, and Pay TV models shape the industry’s future landscape. Acquisitions and TV-as-a-Service (TVaaS) models are emerging, with postpaid and prepaid services catering to diverse consumer needs. The commercial sector targets businesses, while technological segments include cable, satellite, and internet protocol. The Pay TV industry evolves with television, visual image, and sound transmission system advancements. Smart TVs, digital television, and internet-connected screens offer diverse product types. Consumer electronics, including LCD, LED, and OLED, enhance the viewing experience. Gaming and console compatibility are essential features, along with technologies and eco-friendly designs. Future market landscapes include curved and foldable displays, content integration, and disposable incomes in emerging economies. Technological advancements and territorial expansions shape the ecosystem. Premium content, UHD, and territories define the competitive technological segments.The adoption of Ultra High Definition (UHD) televisions is hindered by the limited availability of 4K content. Broadcasters have yet to produce sufficient 4K programming, and the proprietary nature of 4K media poses challenges for consumers. Over-the-top (OTT) platforms like Sky, BT, Amazon, and Netflix are working on adding 4K content, but access is restricted due to premium costs. The primary issues with 4K and 8K resolutions are in-home capabilities and content distribution. Many UHD device owners cannot access 4K content due to the lack of broadcaster-produced material.

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Segment Overview 

This television market report extensively covers market segmentation by  

TechnologyUHDHDDisplay SizeUpto 43 Inches55-64 Inches48-50 InchesGreater Than 65 InchesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And AfricaTypeSmart TVLCD, Plasma, And LED TVsCathode-Ray Tube (CRT) And Rear-Projection TVs

1.1 UHD-  UHD televisions, also known as 4K televisions, feature a screen resolution of 3,840 pixels x 2,160 lines, offering a significant improvement over standard HD televisions. The popularity of 4K televisions is due to their high resolution of 8.3 megapixels and the increasing demand for high-definition viewing experiences. Vendors have also introduced 8K resolution televisions, which offer a horizontal resolution of 7,680 pixels and a total image dimension of 4,320 pixels. The demand for 8K televisions is expected to grow rapidly due to the need for higher resolution television sets and the increasing availability of enhanced content. The global 8K UHD resolution television market is projected to experience significant growth during the forecast period, particularly in countries such as China, Australia, and the US, where the average television size has increased to 55 inches and 65 inches, respectively. The advances in technology will continue to drive the growth of the global UHD television market, with both 4K and 8K resolutions becoming more accessible to consumers.

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Research Analysis

The Pay TV market continues to evolve, with various technological segments including Cable TV, Direct-to-Home, Fiber optic services, and Over-the-top platforms, catering to the insatiable consumer appetite for high-definition content. Smart TV capabilities, Ultra-High-Definition services, and Premium content are driving the market’s growth. Technologies like Virtual Reality and Augmented Reality are also gaining traction. Eco-friendly initiatives, Home office integration, and the integration of OLED displays, Bezel-less and Frameless designs, TVs as art, Curved displays, and Foldable displays are other trends shaping the industry. Territories and technological advancements in Ultra-High-Definition content, Internet Protocol, and the Residential and Commercial sectors are key factors influencing the market’s valuation.

Market Research Overview

The Pay TV market encompasses various segments, including Cable TV, Direct-to-Home, and Fiber Optic services. The valuation of this industry continues to grow, fueled by the consumer appetite for high-definition content and advanced Smart TV capabilities. Over-the-top platforms have disrupted traditional Pay TV models, offering flexible subscription plans and UHD content. Content security systems ensure protection for premium offerings. Residential sectors, particularly housing units, are significant contributors to the Pay TV market. Viewer preferences dictate the demand for postpaid and prepaid services. Commercial sectors, including potential investors, also play a crucial role in shaping the future market landscapes. Technological segments such as Ultra-High-Definition services, Internet Protocol TV, and territorial expansions are driving innovation in the Pay TV industry. The ecosystem includes various product types, from LCD, LED, and OLED screens to storage-aware computers and gaming consoles. Smart TV enhancements, technologies, and eco-friendly designs are shaping the evolution of consumer electronics. Curved displays, foldable screens, and bezel-less designs are transforming the visual image of television. The Pay TV industry continues to adapt, offering a blend of entertainment programs, data services, and innovative technologies to cater to evolving consumer needs and disposable incomes in emerging economies.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyUHDHDDisplay SizeUpto 43 Inches55-64 Inches48-50 InchesGreater Than 65 InchesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And AfricaTypeSmart TVLCD, Plasma, And LED TVsCathode-Ray Tube (CRT) And Rear-Projection TVs

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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NAVER D2SF Invests in On-Device AI Startup TraceWeave

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TraceWeave develops its own post-Transformer AI architecture that enables AI agents to run on memory-constrained devicesCompletes paid pilot in mobility; pursues commercialization across robots, drones, smart glasses, and moreNAVER D2SF continues to invest in on-device AI and next-generation device technologies

SEOUL, South Korea, Oct. 20, 2026 /PRNewswire/ — NAVER D2SF has made a new investment in TraceWeave, an on-device AI startup led by co-founder and CEO Jaeyoung Park. TraceWeave is the team behind Phase-TITAN, a post-Transformer architecture that understands long contexts and carries out multi-step tasks while keeping memory usage constant. NAVER D2SF recognized the company’s core technology for enabling AI agents on resource-constrained devices.

As AI expands to robots, vehicles, smart glasses, and drones, its applications are advancing beyond simple chatbots toward complex reasoning and decision-making. In Transformer-based models, the key-value cache (KV-Cache) grows with context length, requiring more memory. On-device constraints in memory, battery life, and heat have made it difficult to implement AI agents that understand long contexts and perform complex tasks.

TraceWeave’s Phase-TITAN is a new AI architecture designed to resolve this memory bottleneck by replacing the conventional Transformer architecture altogether. TraceWeave develops its own AI models rather than relying on existing open-source models. Memory usage remains constant as context grows. According to TraceWeave, at a 1M-token context without quantization, a comparable Transformer’s KV-Cache holds tens of gigabytes or more, while its 1B Phase-TITAN model holds 0.04 GB. This enables agents to call tools, interpret results, and decide on their next actions entirely on the device, without cloud calls. TraceWeave’s internal benchmarks on RULER and BFCL indicate that Phase-TITAN maintains performance on par with Transformer models of the same size and larger.

TraceWeave has demonstrated a multi-step agent running on a smartphone using only its CPU, without cloud calls. In mobility, it completed a paid pilot with the autonomous driving affiliate of a global automotive group, identifying driving-data frames that improve the partner’s autonomous driving model without human annotation. It is also validating in-vehicle agent performance with a global automotive electronics software company and exploring opportunities in robots, drones, smart glasses, and wearables. TraceWeave was a Top 20 finalist in NVIDIA’s 2026 Inception Grand Challenge.

TraceWeave was co-founded in October 2025 by researchers with backgrounds at ETH Zurich, Google, and KAIST. The team combines engineering expertise grounded in computational neuroscience and physics with business development capabilities, designing its own architecture and validating it in device environments that reflect real-world customer needs. In this seed round led by Mirae Asset Capital, TraceWeave raised approximately KRW 3 billion at a pre-money valuation of approximately KRW 30 billion. Based at NAVER D2SF @Gangnam, the company plans to use the funding to expand its research and engineering team for next-generation architecture development and grow its business.

“Taking the KV cache out was never the hard part. Staying capable without it was,” said Jaeyoung Park, co-founder and CEO of TraceWeave. “The best part is no part. Phase-TITAN already delivers Transformer-class capability without the Transformer’s memory tax, and the next one goes well beyond its class, with the memory still fixed.”

“On-device AI is a core technology for implementing complex, advanced AI across diverse device environments beyond PCs, and it also offers advantages in reducing cloud call costs and protecting privacy,” said Sanghwan Yang, Head of NAVER D2SF. “TraceWeave is a team that is innovating AI architecture to overcome the limitations of existing AI models and bring AI to on-device environments.”

View original content:https://www.prnewswire.com/news-releases/naver-d2sf-invests-in-on-device-ai-startup-traceweave-302913752.html

SOURCE NAVER D2SF

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Gear Up for Year-End Wellness: iHerb Spotlights 4 Everyday Health Essentials and Kicks Off 11.11 Early Access Sale with Up to 40% Off Sitewide

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HONG KONG, Oct. 21, 2026 /PRNewswire/ — As October gets underway, many individuals are proactively preparing their daily health and self-care routines ahead of the busy year-end season. Global health and wellness e-commerce platform iHerb has curated a premier lineup of four top-selling daily nutritional supplements from its flagship house brand, California Gold Nutrition, and consumer-favorite brand, Doctor’s Best. Encompassing marine collagen, Omega-3 fatty acids, CoQ10, and chelated magnesium, this selection addresses distinct nutritional priorities, providing consumers with comprehensive, high-quality choices for daily maintenance and holistic vitality.

The iHerb Singles’ Day Early Access campaign officially launches today and runs through October 28. During the promotional period, shoppers can apply promo code “HD11BUY” at checkout to receive up to 40% off sitewide. Additionally, new customers worldwide can use promo code “WELCOME7” to enjoy 30% off their first purchase—offering consumers the ideal opportunity to proactively map out their year-end wellness and nutrition regimens.

Daily Wellness from Within: Collagen and Omega-3 as Nutritional Building Blocks

Founded in the United States and powered by 30 years of global health curation, iHerb offers an extensive catalogue spanning vitamins, dietary supplements, beauty, sports nutrition, and everyday lifestyle essentials. The platform empowers consumers to explore premier wellness goods from around the world all in one convenient place.

Among the featured highlights is California Gold Nutrition’s Hydrolyzed Marine Collagen Peptides + Hyaluronic Acid and Vitamin C. This synergistic formula pairs bioavailable hydrolyzed marine collagen peptides with hyaluronic acid and antioxidant vitamin C. Formulated as an unflavored, easily dissolvable powder, it blends effortlessly into morning coffee, smoothies, or water according to usage guidelines, offering a hassle-free addition to daily beauty and mobility regimens.

For essential fatty acid support, California Gold Nutrition’s Omega-3 Premium Fish Oil provides concentrated Omega-3 fatty acids, specifically EPA and DHA. Delivered in fish gelatin softgels, it offers an accessible, high-purity option for consumers seeking to incorporate vital fatty acids into their daily dietary routine to maintain overall cardiovascular, cognitive, and cellular wellness.

Targeted Cellular Vitality and Essential Minerals: Advanced Science from Doctor’s Best

Complementing collagen and fish oil, trusted wellness brand Doctor’s Best delivers science-backed formulations for more specialized nutritional support. The brand’s High Absorption CoQ10 utilizes naturally fermented Coenzyme Q10 paired with patented BioPerine® black pepper extract to enhance nutrient absorption and bioavailability. It provides an exceptional daily option for adults focused on supporting cardiovascular function, cellular energy generation, and antioxidant defenses.

Another standout favorite is Doctor’s Best High Absorption Magnesium Lysinate Glycinate, which features Albion® TRAACS® chelated magnesium in convenient tablet form. This fully chelated delivery ensures high bioavailability and superior digestive tolerance, allowing consumers to easily select the right daily supplement tailored to their dietary habits, physical activity, and relaxation needs.

Special Promotion: 11.11 Early Access

Sitewide Early Bird Offer: Use promo code HD11BUY to take up to 40% off sitewide.

New Customer Welcome: First-time shoppers globally can apply promo code WELCOME7 for 30% off their order.Promotion Window: Active immediately through October 28, 2026.Details & WhatsApp: Subject to terms and product eligibility on the official iHerb website. Subscribe to the official iHerb Hong Kong WhatsApp channel for real-time campaign updates.

About iHerb (https://hk.iherb.com/)

iHerb is a world-leading e-commerce destination dedicated to health, wellness, and self-care. Founded in California in 1996, iHerb now serves millions of customers across more than 180 countries. With a selection of over 40,000 authentic, high-quality products across vitamins, supplements, sports nutrition, personal care, and grocery items, iHerb delivers value and convenience directly to doorsteps worldwide, supported by state-of-the-art GMP-registered, climate-controlled distribution centers.

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SOURCE iHerb

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EPG Showcases Full-Stack AIDC Capabilities and Global Delivery Network at DCWA 2026 in Singapore

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SINGAPORE, Oct. 21, 2026 /PRNewswire/ — EPG, a global provider for prefabricated modular data center infrastructure, showcased its latest AI data center solutions at Data Centre World Asia (DCWA) 2026, held in Singapore on September 29–30. Demonstrating its commitment to Asia-Pacific and the markets beyond, EPG presented its AI Core prefabricated modular data center solution and Edge POD prefabricated edge data center solution, alongside the global launch of AeroLev 1850, an air-cooled, magnetic-bearing chiller platform jointly introduced with MagPro. Together, these offerings demonstrate EPG’s end-to-end capabilities across modular infrastructure and high-efficiency cooling for AI data centers (AIDCs).

At the opening address for the Critical Infrastructure Theatre, EPG Chief Operating Officer Johnny Zhang highlighted the growing demands AI is placing on data center infrastructure, from higher power density and faster deployment to more efficient cooling. As AI continues to evolve, infrastructure must keep pace to support the next generation of AI computing.

Building on these themes, Johnny Zhang moderated a panel discussion on the future of data centers, resilience and digital infrastructure, bringing together industry experts from data center design, cloud and AI infrastructure, and cooling technology to explore emerging requirements for energy efficiency, high-density cooling and scalability. EPG Chief Technology Officer Enso Li also presented AI Core at the Energy Security & Efficiency Theatre, demonstrating how standardized modules and factory prefabrication can accelerate data center deployment.

Alongside these industry discussions, EPG continued to strengthen its global partnerships. The company signed cooperation agreements with international industry partners across AI data center planning, construction and delivery. These collaborations will support the development of next-generation data center infrastructure, broaden EPG’s ecosystem across the Asia-Pacific and expand its presence in global markets.

Complementing these industry engagements, EPG showcased its AI Core and Edge POD solutions across its exhibition space, welcoming visitors to explore its modular infrastructure offerings. AI Core takes a prefabricated, modular approach to AI infrastructure, integrating standardized power, cooling and other critical infrastructure modules to simplify deployment and enable flexible expansion as compute requirements grow. Built on this modular approach, EPG’s E Series offers configurable solutions tailored to different project requirements. One of its offerings, Edge POD, is an all-in-one solution for distributed computing environments where power availability and deployment speed are critical. Designed for 1–10 MW applications, Edge POD supports rapid deployment, low-latency computing and distributed redundancy.

EPG’s joint venture, MagPro, also introduced its new magnetic levitation chiller platform, AeroLev 1850. The 1.85 MW-class, air-cooled, magnetic-bearing chiller platform is designed for next-generation AI data centers in water-scarce, high-ambient environments, with chilled-water outlet temperatures of up to 45°C. Its cooling-tower-free architecture combines oil-free magnetic-levitation technology with intelligent controls to deliver efficient, reliable cooling while reducing water consumption.

The launch of AeroLev 1850 marks a strategic milestone in EPG’s global cooling technology roadmap. Established in May 2026, MagPro brings together EPG’s data center engineering and global delivery expertise with CIGU’s magnetic-levitation technology and R&D capabilities. The partnership expands EPG’s portfolio into advanced cooling to address the demands of high-density AI computing while reducing reliance on water-intensive cooling systems.

“AI computing is reshaping the infrastructure requirements of data centers,” said Alick Wan, Founder and Chairman of EPG. “Our focus extends beyond individual technological breakthroughs. By combining modular and standardized solutions with global delivery capabilities, we aim to help customers deploy and scale computing infrastructure efficiently across markets. We will continue working with global partners to build more efficient and resilient infrastructure for the next generation of digital growth.”

Looking ahead, EPG will continue to evolve its solutions and strengthen its capabilities to meet the changing demands of the data center industry.

Learn more: https://www.epg-module.com/

CONTACT: communications@epg-module.com

About EPG

EPG is a prefabricated modular data center infrastructure provider, powered by R&D centers in Singapore, Malaysia, and Shanghai, as well as six advanced manufacturing hubs in Malaysia and China. With over 20 years of engineering expertise, it has a workforce of more than 1,600 employees, including nearly 300 researchers and experienced engineers in its R&D and technical team. Through continuous technological innovation and a scalable delivery system, EPG delivers  integrated and efficient data center solutions for hyperscale, cloud, and enterprise deployments across APAC, EMEA, and other global markets.

About MagPro (Nanjing CIPU Technology Co., Ltd.)

MagPro is a joint venture between CIGU Technology Corp. Ltd. and EPG Data Technology (Shanghai) Co., Ltd., specializing in the research, development, and production of reliable, energy-efficient cooling and air-conditioning systems for AI data centers, cloud, and hyperscales. MagPro operates a more than 6,000-square-meter production base and two air-cooled laboratories, supporting testing of air-cooled units up to 2,000 kW.

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SOURCE EPG Global Technology (Shanghai) Co., Ltd.

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