IHS Markit Sees Global 8K TV Volume Approaching 2 Million Sets in 2020

The global 8K TV market will approach 2 million units in 2020, from fewer than 20,000 this year and 430,000 in 2019, said IHS Markit Monday. “All of this growth will be centered on 60-inch and larger screen sizes, with 65-inch TVs accounting for more than half of the volume.” It sees OLED TV volume growing by more than 40 percent in 2019 to 3.6 million sets. The OLED TV screen-size “mix” still favors 55-inch sets, based on current prices, but the market “will transition to mostly 65-inch TVs by 2020, when new production capacity is optimized for larger screen sizes, and when substantial growth is expected in the OLED TV category,” it said.