The global Smart Connected TV market was valued at US$ 106360 million in 2019 and is expected to reach US$ 112970 million by the end of 2026, growing at a CAGR of 1.2% during 2021-2026.
Smart Connected TV is a natural development of the increasing convergence and expansion of multimedia delivery.
Among all Smart Connected TVs of all screen sizes, these with a screen size of 60 inches or more have the highest market share, accounting for 42.97 percent of global revenue in 2019, followed by 55-inch and 42-inch TVs with 26.94 percent and 18.32 percent respectively.
The Asia-Pacific region (especially China), North America and Europe are the main consumer markets for Smart Connected TVs, with China alone accounting for 27.92 percent of the global total in 2019.
The world’s major manufacturers include Samsung Electronics, LG Electronics, TCL, SONY, Hisense, Sharp (Foxconn), Xiaomi, Vizio, Haier and Panasonic. In 2019, the total revenue of the Top 5 manufacturers accounted for 71.46% of the global market, while the Top 10 accounted for 90.49%.
Global Smart Connected TV Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Smart Connected TV Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Samsung Electronics, LG Electronics, TCL, Hisense, Sony, Skyworth, Foxconn (Sharp), Xiaomi, Vizio, Haier, Panasonic, Changhong, Kon and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-smart-connected-tv-market-research-report
Segment by Type
- 32 inch
- 40 inch
- 42 inch
- 55 inch
- ≥60 inch
Segment by Application
Table of Content:
1 Smart Connected TV Market Overview
2 Smart Connected TV Market Competition by Manufacturers
3 Smart Connected TV Retrospective Market Scenario by Region
4 Global Smart Connected TV Historic Market Analysis by Type
5 Global Smart Connected TV Historic Market Analysis by Application
6 Key Companies Profiled
7 Smart Connected TV Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Smart Connected TV Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta