Boosted by the World Cup, the overall TV market in 2014 will show modest signs of growth but also the portents for a burgeoning 4K/Ultra HD market according to research from Futuresource Consulting. The analyst predicts that the global worldwide television market is forecast to grow to 234 million units by the end of 2014, representing 3% year on year growth. Yet the research also shows that trade value is likely to dip 4% to $97 billion, reflecting a decline in average retail prices from $652 to $608. “The anticipated boost from the World Cup in the first half of the year has been followed by a better than expected Q3. Europe is forecast to exceed 57 million units in 2014, with Western Europe enjoying 2% year-on-year growth, while Eastern Europe remains flat,” revealed Futuresource senior market analyst Jack Wetherill.
