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Global HDMI Cable MarketThe GMI Research forecasts that the HDMI Cable Market is witnessing an upsurge in demand over the forecast period.
This is mainly due to the increasing utilization of audio devices, extensive usage in residential and commercial applications and growing demand for 4K UHD televisions.Request a FREE Sample HDMI Cable Market.Introduction of the HDMI Cable MarketHigh Definition Multimedia Interface (HDMI) is mainly implemented across display controllers, computer monitors, and digital television and helps establish transmission lines with copper cables to transfer data and compress or uncompress digital audio data HDMI-compliant source device.
Key Players of the Global HDMI Cable Market:Hitachi, Ltd.Belkin International, Inc.Sony CorporationKramer Electronics LTD.Amphenol CorporationPanasonic CorporationMolexNordostEurotech Technologies Pvt.
Ltd.Koninklijke Philips N.V.CE-LINKHDMI Cable Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)The increasing modernizations to raise the bandwidth and display technology and the surging enlargement in the media & entertainment industry leading to the endorsement of 4K UHD televisions and gaming consoles are the major drivers responsible for the growth of the global HDMI cable market.
In addition, the accelerating penetration of this cable in the residential and commercial sector to connect the electronic devices such as TV or an audio device accompanied by the surging demand for high data transfer with a better resolution by the consumers is further strengthening the HDMI cable market size.
For example, Sony Corporation, in 2020, introduced a series of TVs; the headline of the 2020 LCD line-up is Z8H that included 75- and 85-inch 8K TVs.