How Many People Own Televisions in 2024? (Ownership Stats)
Last Updated: September 29, 2024
Quick Answer 🔍
How many people own televisions in 2024?
Globally, over 1.72 billion homes have televisions.
Now, let’s explore the number of television owners in 2024.
In the years following World War II, the global fascination with television ownership began to emerge.
This shift was initiated when the National Television System Committee started working on an all-electronic color system compatible with existing black and white TVs.
By 1955, television ownership soared, with half of US households having one.
Despite enthusiasm for this new technology, it wasn’t until a decade later that colored TVs became widespread in the US, with black and white TVs still surpassing colored ones until 1972.
By the late 1990s, virtually all US households—98%—had at least one television.
How Many People Own Televisions?
In 2024, how many individuals globally own a television?
According to data from the global television market, there are over 1.72 billion homes with TVs worldwide, and this number is expected to exceed 1.8 billion by 2026.
The Nielsen Company, a prominent global marketing research firm that gathers and analyzes data, estimates that there were about 121 million TV households in the U.S. for the 2020-2021 period and around 122.4 million households in 2021-2022.
Moreover, in 2021, the percentage of US homes with a TV receiving traditional TV signals through antenna, cable, DBS, Telco, or internet connection reached 96.2%, marking a 0.1% rise from 96.1% in 2020.
History of Television
The invention of electronic television is credited to Philo Taylor Farnsworth, an inventor from San Francisco, who made his breakthrough on September 7, 1927.
Earlier, in 1878, the first television picture was successfully transmitted in England using a mechanical camera equipped with a large spinning disc.
Additionally, Ferdinand Braun developed the “cathode ray tube,” which is the foundation for modern television cameras and receivers, while Vladimir Kosma Zworykin created the iconoscope, a significantly enhanced electric camera.
RCA’s head, David Sarnoff, recognized the potential of television as a medium.
The company began selling television sets featuring 12.7 by 25.4 centimeters or 5 by 12 inches picture tubes and initiated regular programming, showcasing scenes captured by a mobile unit.
Television’s Evolution Over the Years
During World War II, the progress of television took a hit as companies like RCA diverted their resources to military production.
Only six experimental television stations operated in the US throughout the war.
In 1949, the majority of programs broadcasted were newscasts, variety shows, dramas, and comedies, predominantly adapted from radio.
The rise in television sets skyrocketed from 6,000 in 1946 to a staggering 12 million in 1951.
Black and White TVs
Initially, televisions were offered only in black and white; NBC successfully launched the first national color broadcast in 1954.
The 1980s saw a surge in cable networks, enabling viewers to record and replay shows, while the 1990s introduced direct-broadcast satellite television, expanding channels and enhancing cable technology.
By 1998, individuals could search and view videos and television broadcasts on the World Wide Web via computers.
In the 2000s, households had access to a range of cable TV channels catering to every family member, and it became common for most American homes to own at least two televisions.
What is a Television?
The word television derives from the Greek prefix “tele,” meaning “far,” combined with the Latin term “visio,” which translates to “sight” or “seeing from a distance.”
Television, commonly referred to as TV, functions as an electronic system that transmits images and sound through electrical signals to a receiver.
This medium is typically employed for advertising, news, sports, and entertainment purposes.
What Country has the Highest Number of Pay TV Households
China holds the record for the largest pay TV market globally, with approximately 327 million subscribers as of 2020, making India the second highest in pay TV households after China.
By 2021, nearly 99.66% of the population in China had access to a television.
How Much is the Average Cost of a Television?
In the early days of television, the price of a TV was around $110, whereas the average cost for shoppers in the US reached about $500 in 2021.
Currently, the market sees a significant rise in sales for TVs priced above $1,500, with models of 75 inches and larger performing exceptionally well.
When assessing the cost of a television, consumers should anticipate higher expectations from their devices.
It’s expected that features such as advanced technology, larger screen sizes, and smart capabilities will result in increased prices.
Renowned Brands
Television
Across the globe, there is a multitude of TV brands ranging from the market leader, Samsung, to other notable names like LG and Sony.
Each manufacturer has unique offerings that may slightly outperform those of their competitors.
Some brands provide superior picture quality yet come with a higher price tag, while others cater to gamers but have a user-interface that could be better.
Presented below are some of the esteemed TV brands making waves worldwide:
Samsung – originating from South Korea, this electronics giant presents a diverse selection of TV models across different price ranges, heavily backing LED and LCD technology, and boasting an impressive lineup of mid-range 4K TVs.
LG – also based in South Korea, this multinational conglomerate leads with its LG CX OLED, recognized as one of the finest OLED TVs. For 2022, LG C2 OLED stands out as the premier choice and the best TV of the year.
Sony – a Japanese content creator, delivers high-end televisions equipped with advanced audio technology featuring acoustic surface audio+, allowing sound to emanate from the TV panel itself. In 2022, Sony ventured into the hybrid QD-OLED market.
Additionally, there are several other prominent brands including Panasonic, Hisense, TCL, Philips, Vizio, Polaroid, and Sceptre, each known for unique characteristics, advantages, and product ranges.
The options available span a wide spectrum of brands and models, providing ample choices for consumers.
Fun facts about Television
Did you know…
Television sets initially had limited resolution capabilities ranging from just 200 to 400 lines.
In 1970, Sony created the first videocassette recorder (VCR), marking a significant moment in the history of television by enabling the recording of shows at a low cost.
The inaugural TV commercial aired in 1941 was for a clock produced by Bulova Corporation, lasting 20 seconds during a game between the Philadelphia Phillies and the Brooklyn Dodgers.
Conclusion
For TV users, televisions offer immense enjoyment.
This remarkable device has undergone tremendous evolution, transitioning from black and white screens in the early 20th century to today’s smart TVs, which enable viewers to binge-watch internet series at their convenience.
Thank you for taking the time to read this article concerning TV ownership statistics for 2024.
Sources
We appreciate your time in reading this article titled: How Many People Own Televisions in 2024? (Ownership Stats)
The information is from 2023 and 2024, with projections extending into 2025 and 2026. Additionally, we place forecast data through 2027 and 2028.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Africa, Antarctica, Asia, Europe, North America, Australia (Oceania), Middle East, South America.
Post Title: How Many People Own Televisions in 2024? (Ownership Stats)
Last Updated: September 29, 2024
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Publish date : 2024-10-04 19:01:00
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