Smart TV Market, By Screen Size (40 to 50 inches, Less than 40 inches, 50 to 60 inches, and 60 inches and above), By Display Technology (LED, OLED, QLED, Others (LCD, Plasma, etc.)), By Operating System (Android TV, Roku TV, webOS Tizen, and Others (FireT

Smart TV Market, By Screen Size (40 to 50 inches, Less than 40 inches, 50 to 60 inches, and 60 inches and above), By Display Technology (LED, OLED, QLED, Others (LCD, Plasma, etc.)), By Operating System (Android TV, Roku TV, webOS Tizen, and Others (FireTV, Smart TV, etc.)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Global smart TV market growth is driven by increased customer demand for large-screen televisions with smart connectivity options and advanced features. Smart TVs allow users to access internet applications, digital content services like YouTube and Netflix, and connect other smart devices like smartphones and tablets via WiFi or Bluetooth. Manufacturers are increasingly incorporating innovative technologies such as voice assistants, motion control options and high-resolution displays to offer a seamless connected viewing experience. Furthermore, lowering device costs and improving internet penetration around the world have made smart TVs more affordable and accessible to consumers.

Market Dynamics:

Global smart TV market growth is driven by rising internet and smartphone usage, rising disposable incomes, and increasing affordability of smart TV sets. Manufacturers are focusing on continuous technology advancements such as higher resolution displays, customized interfaces, Dolby Vision and Atmos support, and this boosts demand for smart TVs. However, data privacy and security concerns regarding widespread usage of smart home devices can hamper the market growth. Furthermore, limited internet connectivity in remote and underdeveloped regions can also hamper the market growth. Emerging opportunities involve integration of artificial intelligence capabilities, Internet of Things (IoT) compatibility and proliferation of over-the-top (OTT) content platforms.

Key features of the study:

This report provides in-depth analysis of the global smart TV market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global smart TV market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Amazon.com, Inc., Apple Inc., Hisense Group Co., Ltd., Hitachi, Ltd., LG Electronics Inc., Microsoft Corporation, Panasonic Corporation, Philips, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Corporation, TCL Corporation, Texas Instruments Incorporated, Toshiba Visual Solutions Corporation, and VIZIO Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global smart TV market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

By Screen Size Insights (Revenue, USD Bn, 2019 - 2031)

40 to 50 inches

Less than 40 inches

50 to 60 inches

60 inches and above

By Display Technology Insights (Revenue, USD Bn, 2019 - 2031)

LED

OLED

QLED

Others (LCD, Plasma, etc.)

By Operating System Insights (Revenue, USD Bn, 2019 - 2031)

Android TV

Roku TV

webOS

Tizen

Others (FireTV, Smart TV, etc.)

By Regional Insights (Revenue, USD Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Amazon.com, Inc.

Apple Inc.

Hisense Group Co., Ltd.

Hitachi, Ltd.

LG Electronics Inc.

Microsoft Corporation

Panasonic Corporation

Philips

Samsung Electronics Co., Ltd.

Sharp Corporation

Sony Corporation

TCL Corporation

Texas Instruments Incorporated

Toshiba Visual Solutions Corporation

VIZIO Inc.