Report Overview

The global HDMI cable market reached a value of USD 1,696.4 million in 2023 and is assessed to grow at a CAGR of 5.2% during 2024-2032. With increasing urbanisation and rising disposable incomes, the demand for HDMI 2.1 cables and smart TVs has increased, which is propelling the HDMI cable market forward, globally.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global HDMI Cable Market Analysis

The demand for HDMI 2.1 cords is increasing worldwide because it provides quicker refresh rates, better video quality and better audio at 48 Gbps data price. The features like dynamic HDR support, quick media switching (QMS) and quick frame transport (QFT) provided by HDMI 2.1 cords also boost its popularity among end-users. The launch of advanced televisions, supporting HDMI 2.1 version, by manufacturers for better customer experience will aid the HDMI cable market. Moreover, the increasing demand for 4K/UHD TVs because of factors such as decreasing price and rising disposable income is further providing a boost to the industry. HDMI 2.1's increasing popularity is one of the critical trends in the HDMI cable industry, which during the forecast period will have a beneficial effect on industry growth.

 

HDMI Cable Market Report Snapshots

HDMI Cable Market Size

HDMI Cable Market Analysis

HDMI Cable Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market attained a value of approximately USD 1,696.4 million.

The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.

The major drivers of the market include the decreasing prices of HDMI cable, rising disposable incomes, and increasing demand for ultra-high definition (UHD) televisions.

The key trends guiding the growth of the market include rapid technological advancements and the growth of the media and entertainment industry.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

High speed HDMI cable, high speed HDMI cable with ethernet, premium high speed and ultra high speed HDMI cable, and premium high speed and ultra high speed HDMI cable with ethernet, among others, are the various types of HDMI cables in the market.

HDMI 1.4, HDMI 2.0, and HDMI 2.1 are the significant grades of HDMI cables in the market.

Gaming consoles, players and TVs, mobile phones, personal computers and tablets, and automotive systems, among others, are the different applications of HDMI cables.

The key players in the global HDMI cable market are Belkin International, Inc., Anfu CE LINK Limited, Sony Group Corporation, Proterial, Ltd., Kramer Electronics Ltd., Nordost Corporation, and Koninklijke Philips N.V., among others.

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+91-858-608-1494

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