Dual-Income Homes to Fuel 39% 4K TV Growth in APAC: Technavio

The Ultra HD 4K TV market is set to grow at a 15% compound annual growth rate, by $56.99 billion, from 2020-2025, reported Technavio Friday. Increased demand will come from developing countries, especially China, while the U.S., U.K., China, Japan and South Korea markets will have demand for larger screen sizes. Nearly 40% of growth will originate from Asia-Pacific countries, driven by a rising number of dual-income households.