Vietnam Television Market to Grow with a CAGR of 5.94% through 2030F
The Vietnam Television Market is growing due to rising
disposable income, urbanization, growing smart TV adoption, increased demand
for digital content, technological advancements, and government policies
supporting local manufacturing and digital infrastructure expansion.
According
to TechSci Research report, “Vietnam Television Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the Vietnam Television Market was valued at USD 762.34 Million in 2024
and is expected to reach USD 1077.81 Million by 2030 with a CAGR of 5.94% during
the forecast period. The
Vietnam television market has seen significant growth in recent years, driven
by rising consumer incomes, a shift toward digital content consumption, and
increasing demand for high-quality home entertainment. Vietnam's rapidly
urbanizing population, with a growing middle class, has spurred the demand for
advanced television models, including smart TVs with features such as 4K
resolution, OLED displays, and AI-powered functionalities. The country’s
television market has evolved considerably as consumers look for premium
viewing experiences, supported by improved infrastructure and expanding digital
platforms. This shift is closely tied to broader economic growth, urbanization,
and the digital transformation of the entertainment landscape.
The growing health consciousness among
Indian consumers is also fueling the demand for water dispensers. Waterborne
diseases, such as cholera, dysentery, and typhoid, continue to be a major
health concern in many parts of India. The increasing prevalence of such
diseases has prompted consumers to look for effective solutions to ensure the
safety and quality of their drinking water. Advanced water dispensers, equipped
with multi-stage filtration technologies like RO, UV, and Activated Carbon (AC)
filters, are gaining popularity as they remove harmful contaminants, bacteria,
and viruses, making water safer for consumption.
The future of the Vietnam television
market looks promising, with continued growth expected in the coming years. The
increasing demand for high-quality, large-screen smart TVs, fueled by
technological advancements and the rise of streaming platforms, will likely
continue to drive sales. The government’s push for digital transformation,
including initiatives to expand broadband access and improve digital literacy,
is expected to accelerate the shift to digital TV and OTT platforms,
particularly in rural regions.
Browse
over xx market data Figures spread through xx Pages and an in-depth TOC on
" Vietnam Television Market”
The Vietnam
Television Market is segmented into screen size, distribution channel, display size
and regional distribution.
Based
on display size, OLED segment was the fastest-growing segment in the Vietnam
television market. While LED TVs still dominate in terms of overall sales due
to their affordability, OLED TVs are gaining rapid traction among premium
consumers due to their superior picture quality, deeper contrast, and thinner
design. As disposable incomes rise and consumer demand shifts towards high-end
viewing experiences, OLED TVs are becoming more popular, particularly in urban
areas. Brands like LG and Sony are driving this growth by offering advanced
OLED models at competitive prices, contributing to a rise in adoption across
the market.
Based on region, Northern Vietnam is the fastest-growing
region in the television market. The area, particularly Hanoi, is experiencing
rapid urbanization, with an increasing number of middle-income households
demanding advanced television models like smart TVs. The region also benefits
from improving infrastructure and digital services, contributing to the growth
of digital content consumption. Additionally, the growing popularity of online
shopping and regional streaming services is driving the demand for premium television
sets. As disposable incomes rise and technology adoption increases, Northern
Vietnam is witnessing robust growth in the television sector.
Major companies
operating in Vietnam Television Market are:
- Samsung
Electronics
- LG
Electronics
- Sony
Corporation
- Panasonic
Corporation
- TCL
Corporation
- Hisense
Group
- Xiaomi
Corporation
- Sharp
Corporation
- Vizio,
Inc.
- Haier
Group
Download Free Sample Report
Customers can
also request for 10% free customization in this report.
“The Vietnam Television Market is driven
by rising disposable income, urbanization, technological advancements in smart
TVs, and increasing demand for premium features like 4K and OLED displays.
Trends include the growing popularity of larger-screen televisions, integration
of AI and IoT technologies, and the rise of local streaming platforms catering
to domestic content. Additionally, there is an increasing shift toward online
shopping for TVs, with e-commerce platforms offering competitive prices. The
demand for high-quality viewing experiences, supported by accessible streaming
services, continues to boost market growth.” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Vietnam Television
Market By Screen Size (Below 39', 40'-49', 50'-59', Above 59'), By
Distribution Channel (Online, Offline), By Display Size (LED, OLED, Others), By
Region, Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of Vietnam Television Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Vietnam Television Market.
Contact Us-
TechSci
Research LLC
420 Lexington
Avenue, Suite 300,
New York, United
States- 10170
M: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com