Global Smart TV Sticks Market 2024-2028
The smart tv sticks market is forecasted to grow by USD 635.08 mn during 2023-2028, accelerating at a CAGR of 8.06% during the forecast period. The report on the smart tv sticks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing smart home ecosystem, increased benefits of smart tv sticks, and advantages of OTT platforms over cable TV providers.
Technavio's smart tv sticks market is segmented as below:
By Type
By Distribution Channel
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rise of ai-powered content recommendations as one of the prime reasons driving the smart tv sticks market growth during the next few years. Also, enhanced gaming capabilities of smart tv sticks and increasing penetration of smart tvs worldwide will lead to sizable demand in the market.
The report on the smart tv sticks market covers the following areas:
- Smart tv sticks market sizing
- Smart tv sticks market forecast
- Smart tv sticks market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart tv sticks market vendors that include Actions Microelectronics Co. Ltd., Airtame Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., ASUSTeK Computer Inc., Bharti Airtel Ltd., CloudWalker Streaming Technologies Pvt. Ltd., Dish TV India Ltd., Geniatech Inc., Matricom, NVIDIA Corp., Shenzhen Rikomagic Tech Corp. Ltd., Shenzhen Tomato Technology Co. Ltd., Topleo Technology Ltd., Xiaomi Communications Co. Ltd., Roku Inc., and MECOOL. Also, the smart tv sticks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.