Global Smart Connected TV Market Research Report 2023(Status and Outlook)

Global Smart Connected TV Market Research Report 2023(Status and Outlook)

Report Overview

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%.

The Global Smart Connected TV Market Size was estimated at USD 105040.00 million in 2022 and is projected to reach USD 114187.43 million by 2029, exhibiting a CAGR of 1.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Smart Connected TV market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Smart Connected TV Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Smart Connected TV market in any manner.

Global Smart Connected TV Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Samsung Electronics

LG Electronics

TCL

Hisense

Sony

Skyworth

Foxconn (Sharp)

Xiaomi

Vizio

Haier

Panasonic

Changhong

Konka

Market Segmentation (by Type)

32 inch

40 inch

42 inch

55 inch

≥60 inch

Market Segmentation (by Application)

Beer

Wine

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Smart Connected TV Market

Overview of the regional outlook of the Smart Connected TV Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors