In the first half of this year, the market of big TVs (60-inch and larger) with 4K resolution grew significantly. Experts attribute this to the fact that against the backdrop of the coronavirus pandemic, people began to spend more time at home, in particular, watching TVs.
According to the research company Omdia, sales of 4K TVs with a diagonal of more than 60 inches in the first half of this year amounted to 12 million units. This is 23% more than in the same period last year. The increase in TV sales is also attributed to the growing popularity of various video services, including Netflix, which actively promote content in 4K resolution.
Samsung Electronics and LG Electronics are leaders in the global 4K TV market. In the first half of the year Samsung Electronics took 31% of the market 4K TVs with a diagonal of 60 inches or more, and the share of LG Electronics had 16.6%.
It turns out that two South Korean companies occupy almost half of the market. The third place went to the Chinese Hisense, which has 9.2% of the market. Followed by TCL (8.1%) and Sony (6.1%).
Analysts rightly expect the sales of 4K TVs to continue to grow in the foreseeable future as prices decline.