Pro
Technology & Electronics
Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | Below 30 Inches | 30-50 Inches | Above 50 Inches |
|---|---|---|---|
| 2018 | 352.2 USD Mn | 1716.8 USD Mn | 984.1 USD Mn |
| 2019 | 451.8 USD Mn | 2240.7 USD Mn | 1282.9 USD Mn |
| 2020 | 506.3 USD Mn | 2554.7 USD Mn | 1461.1 USD Mn |
| 2021 | 556.9 USD Mn | 2860.4 USD Mn | 1634.2 USD Mn |
| 2022 | 619.1 USD Mn | 3237 USD Mn | 1847.2 USD Mn |
| 2023 | 692.5 USD Mn | 3687.4 USD Mn | 2101.9 USD Mn |
| 2024 | 788.4 USD Mn | 4276.6 USD Mn | 2435.1 USD Mn |
| 2025 | 920 USD Mn | 5085.3 USD Mn | 2892.3 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Japan has always been at the forefront of technological advancements, and the demand for Android STB and TV in the country is no exception. As the market continues to evolve, there is a growing demand for larger screen sizes, due to the increasing popularity of streaming services and the need for a more immersive entertainment experience. This growth in demand for larger screen sizes is primarily driven by the younger generation who prioritize the quality of their entertainment experience. In recent years, there has been a significant shift in consumer behavior towards streaming services, resulting in a decline in traditional cable and satellite TV subscriptions. This shift is largely attributed to the increased availability of high-speed internet and the prevalence of smartphones and tablets that allow for on-the-go viewing. With streaming platforms offering a diverse range of content, consumers are now seeking larger screens to fully enjoy the experience. The demand for larger screen sizes in Japan is also driven by the growing popularity of video gaming, as gamers prefer a bigger screen to enhance their gaming experience. With the rise of virtual reality technology, there is a need for larger screens to fully immerse oneself in the gaming world.
As a result, Japan has seen an increase in the sales of gaming-focused TV sets with screen sizes above 65 inches. Furthermore, the trend of smart homes in Japan has also contributed to the demand for larger screen sizes. Many consumers are now looking for multi-purpose devices that can serve as both a TV and a smart hub to control their home appliances. With larger screen sizes, consumers can have a better view of their home automation systems and enjoy an all-in-one entertainment experience. In response to the growing demand, major players in the Japanese market have been launching larger screen size models to cater to consumer needs. For instance, Sony has introduced a 98-inch TV that supports 8K resolution, and Sharp has launched a 120-inch 8K TV, which is the largest TV available in Japan. In conclusion, the demand for larger screen sizes in the Android STB and TV market in Japan has been steadily increasing due to the changing preferences of consumers, advancements in gaming and smart home technology, and the growing popularity of streaming services.
With the continuous improvement of screen technology, we can expect to see even larger screen sizes being introduced in the market in the coming years.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.