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The Global Blockchain Devices Market size is expected to reach $3.8 billion by 2028, rising at a market growth of 37.5% CAGR during the forecast period

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New York, March 22, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Blockchain Devices Market Size, Share & Industry Trends Analysis Report By Connectivity, By Component, By End User, By Application, By Regional Outlook and Forecast, 2022 – 2028” – https://www.reportlinker.com/p06435169/?utm_source=GNW
In addition to other smart gadgets, they are utilized in cars and other personal identification devices. The increased demand for blockchain technology has been attributed to the devices’ better level of security encryption. There are many different kinds of blockchain devices, including smartphones, hardware wallets for cryptocurrencies, ATMs, and point-of-sale systems. Furthermore, as wireless technologies like Wi-Fi, Bluetooth, NFC, and others evolve, they benefit the technology, increasing demand for blockchain devices globally.

The market for blockchain devices is primarily driven by the expanding desire for quicker and more seamless financial transactions, rising interest in using blockchain technology for supply chain management, and expanding cryptocurrency markets. Additionally, it is anticipated that growing government regulations and initiatives regarding blockchain technology and devices, acceptance of cryptocurrencies in various industry verticals, acceptance of blockchain technology for payment, smart contracts, and digital identity, and adoption of blockchain technology are all expected to create lucrative market opportunities.

The four primary categories of blockchain devices include blockchain cellphones, crypto hardware wallets, point of sale (POS) terminals, and automated teller machines (ATMs). Because of blockchain technology, users of blockchain cell phones have more control over their online identities and data. Blockchain devices come in both wired and wireless connectivity varieties. Both private and commercial applications employ blockchain technology. Consumers, the BFSI sector, retail and e-commerce, government, travel & hospitality, the automotive industry, logistics and transportation, IT and telecommunications, and other businesses are some major end-users of blockchain technology.

COVID-19 Impact Analysis

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The COVID-19 outbreak has affected the market expansion for blockchain devices. From a geographical standpoint, the COVID-19 outbreak has severely impacted nations with export-oriented economies because of the shutdown of manufacturing plants. This scenario shows the market for blockchain-based devices while considering the pandemic’s present effects. As a result of the impacted supply chains and the limited acceptance of blockchain devices in 2020 and the initial months of 2021 as a result of lockdowns and shifting priorities of the healthcare and other end-use industries, the market is likely to experience a slight decline in year-over-year growth in 2021 in this scenario.

Market Growth Factors

Increasing visibility of blockchain technology’s benefits in the BFSI industry

The financial services sector will benefit from better accuracy and safe information sharing due to blockchain technology’s ability to create secure, tamper-proof ledgers. In addition, blockchain systems promote the development of a network of open, real-time-accessible public records of transactions. Also, each transaction on the blockchain has an immutable record of the transactions and asset ownership. As a result, there is a marked reduction in risk and the requirement for corresponding mitigation actions for various asset classes. Blockchain technology can facilitate safer and easier information sharing amongst financial institutions by storing client data on decentralized blocks. These factors are expected to cause the market to grow throughout the projection period.

Grown acceptance of cryptocurrency as payment mode

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The increasing acceptance of cryptocurrencies fosters the growth of a healthy cryptocurrency ecosystem. Future demand for blockchain devices like PoS systems in the retail sector is anticipated to be fueled by the growth of cryptocurrency exchange. Numerous businesses provide bitcoin cards that resemble conventional debit and credit cards. By connecting their cards with cryptocurrency wallet apps, the user may manage the money or tokens on their cards. These factors are anticipated to boost market expansion in the approaching years.

Market Restraining Factors

Challenges regarding security, privacy and control associated with blockchain technology

Blockchain technology has the capacity to revolutionize and simplify transactions. Yet, enterprises must solve privacy, security, and control issues to gain the benefits of blockchain. Because blockchain transactions are recorded on a distributed public ledger, hackers have a greater attack surface to obtain access to sensitive data. For example, if a blockchain device is employed to store confidential contract information or payment data, duplicating the file may give hackers greater access to the information. The poor implementation of cryptographic solutions is because privacy is a significant obstacle for these solutions, which may impede market expansion in the next years.

Component Outlook

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By component, the blockchain devices market is segmented into hardware wallet, blockchain smartphones, PoS devices, crypto ATMs, blockchain IoT gateways, and other devices. In 2021, the blockchain smartphone segment recorded remarkable growth in the blockchain devices market. With built-in Web3 connectivity, a blockchain phone is a smartphone. Anyone can use a mobile device to browse the decentralized web due to this. However, in comparison to their desktop counterparts, Web3 mobile applications can feel clumsy. Although mobile Web3 app user experiences have significantly improved in recent years, engaging with blockchains and smart contracts on a smartphone is still notoriously difficult.

Connectivity Outlook

On the basis of connectivity, the blockchain devices market is fragmented into wired and wireless. The initial generation of blockchain technology is still in its infancy, and most of the devices are wired. A key driver for the wired segment is the expanding market for cryptocurrency ATMs. Furthermore, wired devices include preconfigured ones like blockchain computers. By connecting the hardware wallet to a personal computer, users of wired hardware wallets can conduct safe digital transactions on the blockchain.

Application Outlook

Based on application, the blockchain devices market is categorized into personal and corporate. In 2021, the corporate segment registered the highest revenue share in the blockchain devices market. The adoption of blockchain, artificial intelligence, machine learning, and IoT across the supply chain by enterprises is driving this increase. Data tampering cannot happen in a supply chain management system incorporating these technologies and distributed ledger technology (DLT) from the blockchain. Because of its decentralized structures, blockchain enables fast transactions, better security and privacy for users, and the capacity to track individual components.

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End User Outlook

By end user, the blockchain devices market is bifurcated into consumer, BFSI, government, retail & e-commerce, travel & hospitality, automotive, transportation & logistics, IT & telecommunication and others. In 2021, the BFSI segment covered a considerable revenue share in the blockchain devices market. A systematic customer identification system based on distributed ledger technology is provided by deploying blockchain technology in the banking, financial services, and insurance (BFSI) sector. Blockchain enables financial institutions like banks and insurance providers to have well-maintained decentralized data, reducing the risk of cybercriminals hacking these systems. As more businesses in the BFSI sector use blockchain technology, the market for blockchain devices continues to expand.

Regional Outlook

Region wise, the blockchain devices market is analyzed across North America, Europe, Asia Pacific and LAMEA. In 2021, the North America region led the blockchain devices market by generating maximum revenue share. The United States and Canada are pioneers in the usage of blockchain technology. Microsoft (U.S.), IBM (U.S.), and Oracle are the main blockchain service providers in North America (U.S.). These participants offer blockchain services that can be linked with blockchain hardware and IoT devices to track and monitor assets along the supply chain.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), HTC Corporation, Infineon Technologies AG, Pundi X Labs Pte Ltd, Riddle & Code GmbH, Ledger SAS,GENERAL BYTES S.R.O., Satoshi LABS, Bitaccess, Inc., and AVADO AG.

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Scope of the Study

Market Segments covered in the Report:

By Connectivity

• Wired

• Wireless

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By Component

• Hardware Wallets

• Crypto ATMs

• Blockchain Smartphones

• PoS Devices

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• Blockchain IoT Gateways

• Others

By End User

• Consumer

• Travel & Hospitality

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• Automotive

• IT & Telecommunication

• BFSI

• Retail & E-commerce

• Government

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• Others

By Application

• Corporate

• Personal

By Geography

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• North America

o US

o Canada

o Mexico

o Rest of North America

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• Europe

o Germany

o UK

o France

o Russia

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o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

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o Japan

o India

o South Korea

o Singapore

o Malaysia

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o Rest of Asia Pacific

• LAMEA

o Brazil

o Argentina

o UAE

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o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

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• Samsung Electronics Co., Ltd. (Samsung Group)

• HTC Corporation

• Infineon Technologies AG

• Pundi X Labs Pte Ltd

• Riddle & Code GmbH

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• Ledger SAS

• GENERAL BYTES S.R.O.

• Satoshi LABS

• Bitaccess, Inc.

• AVADO AG

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Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

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• Assured post sales research support with 10% customization free
Read the full report: https://www.reportlinker.com/p06435169/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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Smart Water Management Market – Global Forecast to 2028
Rail Asset Management Market – Global Forecast to 2026
Get access to the latest updates on LoRa and LoRaWAN IoT Companies and LoRa and LoRaWAN IoT Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Website: https://www.marketsandmarkets.com/
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Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup

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HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.

Optimized Visuals Tailored for Football Dynamics
The Toshiba REGZA Engine ZRi in Z670 transports football fans into the heart of the action. With the AI Football Mode, they’ll be able to see fast-moving objects crystal clear and football field actions much enriched. To see their favourite player score that winning goal, the AI Picture Optimizer automatically adjusts visual contrast and precision adapted to the game. From vivid green fields and vibrant player kits, every play comes to life with AI 4K Upscaling and Quantum Dot Color, transforming lower-resolution broadcasts into near-4K quality and unleashing lifelike visual color.
Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
Please find the high-resolution TVC here: Link
About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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