Smart TV Market 2023-2028: Size, Share, Trends, Growth, Outlook, Analysis, and Forecast
The latest report by IMARC Group, titled “Smart TV Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global smart TV market share 2022. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global smart TV market size reached US$ 256.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 379.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028. A smart TV is a consumer electronic device that allows users to utilize distinct features of computers and smartphones on TV. It comprises an ethernet connection and built-in Wi-Fi connection, which eliminates the need for a separate set-top box and offers numerous functions, such as web browsing, and video-on-demand. It also enables users to connect with various video streaming services, including youtube and netflix, internet radio via pandora, and social networking sites. It also allows viewers to search and view photos, movies, videos, and web content from a local cable TV channel, a satellite TV channel, and a local storage drive. There has been a considerable rise in the demand for smart TV among the masses since it offers interactive media, over-the-top content, and home networking access.
Request Free Sample Report: https://www.imarcgroup.com/smart-tv-market/requestsample
Global Smart TV Market Trends:
The growing demand for high-definition (HD) channels among individuals is driving the global market. This can be attributed to easy accessibility to advanced features, such as improved image quality, high resolution, and extensive color change. Moreover, the rising popularity of over-the-top (OTT) services for streaming the latest TV content on smart televisions and the influx of high-speed internet in the form of broadband internet are favorably impacting the market. Furthermore, numerous major companies are focusing on investing in ultra-high definition (UHD) resolution technology due to continual improvements in the camera technology, which is creating a positive market outlook. Other factors, such as rapid urbanization, the adoption of 4K resolution TV sets, shifting consumer preferences and inflating disposable income levels of the masses, are also influencing the market.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
LG Electronics, Inc. Samsung Electronics Co. Ltd. Sony Corporation Panasonic Corporation Vizio Inc. Apple Inc. Hisense Group Co. Ltd. Koninklijke Philips N.V. TCL Corporation Insignia Systems, Inc. Haier Group Corporation Hitachi, Ltd. Westinghouse Electric Corporation
Key Market Segmentation:
Breakup by Resolution Type:
4K UHD TV HD TV Full HD TV 8K TV
Breakup by Screen Size:
Below 32 Inches 32 to 45 Inches 46 to 55 Inches 56 to 65 Inches Above 65 Inches
Breakup by Screen Type:
Flat Curved
Breakup by Technology:
Liquid Crystal Display (LCD) Light Emitting Diode (LED) Organic Light Emitting Diode (OLED) Quantum Dot Light Emitting Diode (QLED)
Breakup by Platform:
Android Roku WebOS Tizen OS iOS MyHomeScreen Others
Breakup by Distribution Channel:
Offline Online
Breakup by Application:
Residential Commercial
Breakup by Region:
North America (United States, Canada) Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
Market Performance (2017-2022) Market Outlook (2023-2028) COVID-19 Impact on the Market Porter’s Five Forces Analysis Historical, Current and Future Market Trends Market Drivers and Success Factors SWOT Analysis Structure of the Market Value Chain Analysis Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
Preface Scope and Methodology Executive Summary Introduction Global Market SWOT Analysis Value Chain Analysis Price Analysis Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:– +1 631 791 1145 | Africa and Europe :– +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800