Turkey Television Market to Grow with a CAGR of 6.8% through 2030
The
Turkey television market is expanding steadily, driven by rising digital
content consumption, urbanization, affordable smart TVs, and evolving consumer
lifestyles favoring larger screens and advanced display technologies.
According to
TechSci Research report, “Turkey Television Market – By Region, Competition
Forecast & Opportunities, 2030F”, Turkey Television Market was valued at USD 1,283.43 Million in
2024 and is expected to reach USD 1,904.58 Million by 2030 with a CAGR of 6.8% during
the forecast period. The Turkey
television market is undergoing a dynamic transformation driven by evolving
consumer lifestyles, increasing digital content consumption, and rising
urbanization. As households continue to prioritize home entertainment,
televisions have transitioned from being traditional broadcasting devices to
comprehensive multimedia hubs, supporting streaming, gaming, and smart home
integration. A growing inclination toward technologically advanced living,
coupled with the rising penetration of internet services and platforms like
Netflix, YouTube, and local OTTs, has redefined user expectations. Turkish
consumers, especially in urban centers, are more design-conscious and seek
sleek, high-performance displays that complement their living spaces, which is
fueling demand across diverse screen sizes and features.
Moreover, the push
from global and domestic brands offering aggressive pricing, bundled services,
and EMI options has made televisions more accessible across socio-economic
segments. However, despite this momentum, the market faces notable challenges.
Currency volatility and inflationary pressures in Turkey have caused
fluctuations in electronics pricing, often impacting consumer sentiment and
limiting discretionary spending. Import dependency for high-end display panels
and core components makes the sector vulnerable to global supply chain
disruptions, geopolitical risks, and rising logistics costs.
Additionally, the
intense competition in the smart TV segment has led to aggressive price wars,
squeezing profit margins for manufacturers and distributors alike. Energy
consumption and sustainability concerns are also influencing buyer decisions,
with growing scrutiny on product durability and energy ratings. Regulatory
compliance and taxation complexity further add to operational hurdles for
brands entering or expanding in the Turkish market. Despite these obstacles,
the television industry in Turkey continues to chart an upward trajectory,
shaped by increasing consumer aspirations, digitization of entertainment, and
innovations in display technology. The key to sustained growth will lie in
balancing affordability with feature innovation while navigating economic
headwinds and adapting to changing consumer behavior.
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market data Figures spread through xx Pages and an in-depth TOC on
"Turkey Television Market”
Turkey
Television market is segmented into screen size, display type, distribution
channel and region.
Based on the
distribution channel, online segment is witnessing rapid expansion and has
become the fastest-growing distribution channel. The shift towards digital
purchasing accelerated during the pandemic and has remained strong due to
convenience, broader product selection, transparent pricing, and home delivery.
E-commerce platforms such as Hepsiburada, Trendyol, Amazon, and N11 have
strengthened their electronics categories by offering features like flash
sales, detailed reviews, EMI options, and installation services. Furthermore,
the rise of digital-savvy consumers, especially among millennials and Gen Z,
has changed the retail dynamics in favor of online channels. Many manufacturers
are now adopting direct-to-consumer models, bypassing traditional retail to
offer better margins and customer engagement. With advancements in virtual
try-outs, AI-driven recommendations, and omnichannel support, online retail is
expected to play a pivotal role in the future of television sales.
The
Mediterranean region has emerged as the fastest-growing market for televisions
in Turkey. With a surge in tourism, urbanization, and new residential
developments in cities like Antalya and Mersin, there’s a sharp increase in
demand for modern entertainment systems. High-end hotels and serviced
apartments are adopting premium TVs, while local consumers are shifting toward
larger screen sizes and smart features. The region’s growing young population
and exposure to global media trends have accelerated digital consumption,
boosting demand for high-resolution, internet-enabled TVs. Seasonal demand also
spikes due to second-home purchases along the coast.
Major companies
operating in Turkey Television market are:
- Samsung
Electronics Istanbul Paz ve Tic Ltd Sti
- Evofone Bilgi
Teknolojileri San Ltd Sti (Xiaomi)
- Atmaca
Electronics Industry and Trade Inc
- LG
Electronics Ticaret A.S.
- Arçelik
A.S.
- Vestel
Ticaret A.Ş.
- Sony Corporation
- TCL
Electronic Holding Ltd
- VIZIO,
Inc.
- Sharp
Corporation
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“In
recent years, sustainability
is emerging as an influential trend in the Turkey television market, especially
as environmental awareness increases among consumers and policy makers alike.
Turkish buyers are gradually becoming more conscious of energy consumption,
recyclability, and the environmental impact of electronic waste. As a result,
energy-efficient televisions with higher energy star ratings are gaining
popularity, especially among urban households aiming to reduce electricity
bills and carbon footprints. Brands are also responding by using eco-friendly
packaging, reducing plastic components, and offering recycling programs.
EU-aligned regulations on energy efficiency and e-waste management are pushing
manufacturers and retailers to adopt greener practices”, said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
"Turkey
Television Market, By Screen Size (50'-59', 40'-49', 39' and Below, Above
59'), By Display Type (LED, OLED, Others), By Distribution Channel (Multi
Branded Stores, Supermarkets/Hypermarkets, Online, Others), By Region,
Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of Turkey Television market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Turkey Television market.
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