50-inch And Larger TVs To Account For Most TV Sales In 2017

Posted: Jun 19 2017, 1:35am CDT | by , in Technology News


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50-inch and larger TVs to Account for most TV Sales in 2017
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Research firm IHS predicts that big screen TVs will be the most TVs sold this year.

The prices of 50-inch TVs have came down significantly in the last few years. The adoption of 4K resolution also drives consumers to TVs with a larger display panel. Market research firm IHS forecasts that TVs sized 50 to 59-inch will account for 51.7% of all TVs sold in 2017.

The dominance of the 40-inch TV segment is over. TVs with a 40 to 49-inch panel will only account for 35.3 percent of the global TV sales. The 50 inch TV segment will be dominating for the next couple of years. The 60-69 inch TV panels are still expensive and IHS forecasts that the segment will reach only a 20% marketshare by 2020.

A big driver this year to get a new TV are the latest generations of the Xbox and PS4. Microsoft will release the Xbox One X in November. To fully leverage the display quality the new consoles deliver, consumers need the latest generations of 4K TVs with High Dynamic Range support (HDR10).

Via Yonhap.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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