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The global HDMI cable (high-definition multimedia cable) market size is expected to grow from $2.
436 billion in 2017 to $3.
521 billion by 2025, with a compound annual growth rate of 4.
7%.
The demand for HDMI cables is influenced by many factors, especially the growing demand for TVs and the increase in the
global video streaming service market.
Based on type, high-speed HDMI cables for Ethernet accounted for the largest share
in 2017.
But globally, the HDMI cable market is highly fragmented, with most companies located in the Asia-Pacific region
.
At present, both developing and developed regions are noting the high demand for HDMI cables, especially the demand for safe, high-speed, and efficient HDMI cables is increasing rapidly, thanks to the use of multimedia transmission on large screens to enhance the viewing experience, which is also one of
the key drivers of the HDMI market.
Based on the application field, TV is one of the main application areas of the
HDMI cable market.
The increase in disposable income, as well as the increase in commercial and residential construction, has led to an increase
in the demand for projectors and televisions installed in buildings.
Moreover, the use of HDMI cables in DVD players and TVs to receive input and provide output via HDTV or to any other AV device via a single standard cable will boost the growth
of this market.
The global HDMI cable (high-definition multimedia cable) market size is expected to grow from $2.
436 billion in 2017 to $3.
521 billion by 2025, with a compound annual growth rate of 4.
7%.
The demand for HDMI cables is influenced by many factors, especially the growing demand for TVs and the increase in the
global video streaming service market.
Based on type, high-speed HDMI cables for Ethernet accounted for the largest share
in 2017.
But globally, the HDMI cable market is highly fragmented, with most companies located in the Asia-Pacific region
.
At present, both developing and developed regions are noting the high demand for HDMI cables, especially the demand for safe, high-speed, and efficient HDMI cables is increasing rapidly, thanks to the use of multimedia transmission on large screens to enhance the viewing experience, which is also one of
the key drivers of the HDMI market.
Based on the application field, TV is one of the main application areas of the
HDMI cable market.
The increase in disposable income, as well as the increase in commercial and residential construction, has led to an increase
in the demand for projectors and televisions installed in buildings.
Moreover, the use of HDMI cables in DVD players and TVs to receive input and provide output via HDTV or to any other AV device via a single standard cable will boost the growth
of this market.
