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PORTLAND, Oregon, June 17, 2020 /PRNewswire/ -- Allied Market Research published a report, titled,"HDMI Cable MarketBy Type (Standard HDMI Cable and High Speed HDMI Cable) Grade (HDMI 1.4, HDMI 2.0 and HDMI 2.1), and Application (Gaming Console, TV, Mobile Phone, Automotive System and Personal Computer & Tablet): Global Opportunity Analysis and Industry Forecast, 2019-2026."According to the report, the global HDMI cable industrywas estimated at $2.47 billionin 2018, and is anticipated to hit $3.87 billionby 2026, registering a CAGR of 4.5%from 2019 to 2026. Drivers, Restraints and Opportunities Surge in usage of audio video devicesandincrease in demand for 4K/UHD televisions fuel the growth of the global HDMI cable market. On the other hand, high installation cost and limited physical availability for devices curtail down the growth to some extent. However, advancements in HDMI cables for higher bandwidth applications and rapid development of the multimedia & entertainment industry in emerging economies are expected to create multiple opportunities in the near future. Download Sample Report (Get Full Insights in PDF - 230 Pages) @ https://www.alliedmarketresearch.com/request-sample/6465 COVID-19 Scenario The outbreak of COVID-19 has brought in direct effects on the global HDMI cable market, by directly affecting the demand and production cycle. Disruptions in the supply chain have aggravated the scenario yet more. However, with the governments coming out easy on the restrictions for commercial benefits, it's expected that the industry would redeem in terms of revenue. The Standard HDMI Cable Segment to Retain Its Dominance By 2026 Based on type, the standard HDMI cable segment contributed to more than half of the global HDMI cable market share in 2018, and is expected to lead the trail by the end of 2026. Wide usage of home applications such as televisions and other home entertainment systems drive the segment growth. The high speed HDMI cable, on the other hand, would grow at the fastest CAGR of 5.8% throughout the forecast period. This is attributed to the fact that it makes use of copper wire to ensure improved image clarity. The Gaming Consoles Segment to Rule the Roost Based on application, the gaming consoles segment accounted for nearly two-fifths of the global HDMI cable market revenue in 2018, and is anticipated to dominate from 2019 to 2026. The same segment would also portray the fastest CAGR of 6.0% by 2026. Increase in demand for both content and PC services in cloud gaming platforms fuel the growth of the segment. Asia-Pacific to Remain Lucrative in terms of Revenue, North America to Grow at a Moderate Rate Based on geography, Asia-Pacific garnered the major share in 2018, holding more than two-fifths of the global HDMI cable market. The same region would also register the fastest CAGR of 6.1% till 2026. Huge population base, advancements in multimedia devices like home theaters, projectors, and other display devices, and rise in purchasing capacity of individuals have led to adoption of HDMI cables in the region. Simultaneously, North America would manifest the CAGR of 3.4% during the study period. Interested to Procure the Data? Inquire Here @ https://www.alliedmarketresearch.com/purchase-enquiry/6465 Frontrunners in the Industry Panasonic Corporation Kramer Electronics Ltd. Koninklijke Philips N.V. Foxconn Technology Group Hitachi Ltd. Molex LLC, Nordost Amphenol Corporation Ce-Link Sony Corporation Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @https://www.alliedmarketresearch.com/library-access Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. 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Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying: https://www.alliedmarketresearch.com/avenue/trial/starter Similar Reports: Cable Management Market Expected to Reach $35.02 Billion By 2027 Patch Cable Market Projected to Hit $5.76 Billion By 2026 Premise Cable Market Anticipated to Grow $9.30 Billion By 2026 Consumer Active Optical Cable Market Projected to Hit $383 Million By 2026 Ethernet Cable Market Expected to Garner $21.36 Billion By 2026 AV Cables for Residential Market Projected to Grow $502.1 Million By 2026 Pre-Book Now with 10% Discount: Control Cable Market: Global Opportunity Analysis and Industry Forecast 2019-2026 Power Cable Market: Global Opportunity Analysis and Industry Forecast 2019-2026 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based inPortland,Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 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Answer: HDMI Cable Market to Reach $3.87 Billion, Globally, by 2026 at 4.5% CAGR: Allied Market Research Surge in usage of audio video devices and increase in demand for 4K/UHD televisions fuel the growth of the global HDMI cable market