Developing Countries are the Greatest Adopters of 3D Technology

Reportstack has announced a new market research publication on Global 3D TV Market, which finds developing countries are the greatest adopters of 3D Technology. The analysis is for the forecast period 2014-2018.

Increasing popularity of 3D programming, on-demand content and 3D channels, especially in developing countries such as China, India, and Latin America are fuelling the growth of this market. Further, higher purchasing power of the people in developing countries in recent times has resulted in an increased expenditure on consumer electronic goods. In addition, the increasing number of technologically advanced devices available in the market is triggering the demand for devices that offer multifunctional capabilities to consumers. This is leading to increasing adoption of 3D TVs and smart TVs, thereby giving a boost to the market during the forecast period.

However, the market in the developed countries such as the US, will be witnessing moderate growth during the forecast period due to the declining price of 3D TVs. With the advent of new technology, the manufacturing cost of the 3D TV will drastically reduce. Along with the decline in price, many new players will be entering the Global 3D TV market, which will be intensifying the competition among the vendors, leading to price war, especially in the developing countries, where pricing is a major issue.

To determine the scenario for these vendors in the next 3-4 years, analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

To view the table of contents and know more details please visit Developing Countries are the Greatest Adopters of 3D Technology report.