Boston, MA - May 12, 2014 – Ultra HD (UHD) TV household ownership will grow from less than 10 percent of homes in the USA for the next 4 years to 33 percent of homes by 2020 according to the Strategy Analytics Connected Home Devices (CHD) service report, “Ultra High-Definition TV Displays: Global Market Forecast 2012-2020.”

Click here for the report: https://www.strategyanalytics.com/default.aspx?mod=reportabstractviewer&a0=9628

Key Strategy Analytics predictions for the UHD TV display market:

·         UHD TV shipments will account for 41 percent of global flat panel TV units in 2020, up from just 4 percent in 2014.

·         The USA will overtake China in 2020 to become the leading country in terms of UHD TV household penetration. By region, UHD household penetration will reach 32 percent in North America, 22 percent in Western Europe and 18 percent in Asia Pacific by 2020.

·         Entry level prices for UHD TVs will drop below $2,000 before the end of 2014 from one or more of the major global TV brands (Samsung, LG, Sony, and Panasonic).

·         Brand share rankings for UHD TV will begin to mirror those of the overall flat panel TV market with Samsung, LG, and Sony dominating global sales volumes outside of China.

Quotes:

David Watkins, Service Director, Connected Home Devices commented: “Demand for UHD TVs is exceeding previous expectations and current adoption rates are similar to those of 1080p TVs back in the mid-2000s when sales penetration hit around 5 percent of total flat panel demand by the end of year 3 of 1080p sales. By the end of the decade, UHD will become standard in screen sizes larger than 40-inches although sub 40-inch sets will remain mostly within the realm of 1080p.”