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Is TV Dead? Global TV Shipments Hit a Decade Low in 2023
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this post was submitted on 14 Mar 2024
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That's because there's no reason for most people to buy another TV. The majority of people who would want one already have a TV, and there has been no technological advancement in the last decade or two that would entice anyone to throw away their already perfectly acceptable large LCD/OLED/whatever television just to buy another one just like it.
The only thing anyone has been able to come up with is making all TV's internet connected and "smart," which is a feature that approximately nobody except the MBA's in charge of the companies cranking them out seems to actually want.
This. Nowadays people mostly buy TVs when their old ones break. There's no marginal improvement. The industry is here to stay, but its high growth days are in the past.
We have also seen the budget range improve in quality and affordability. There will always be cheap junk TVs and overly expensive TVs, but that midrange, where most people buy, has become rock solid. There just isn’t much region to upgrade at the moment.
And we've mostly hit the limit of usable maximum sizes. For like the last two decades you could upgrade your TV to the next bigger size every few years for the same money you paid for the last one.
I remember starting with a maybe... 21" LCD TV back in 2005ish, and for that money today I could get like 70" TV. I don't have space to fit one that large, nor do I have any need for it even if I could.