Global Smart Connected TV Market Growth 2025-2031

Global Smart Connected TV Market Growth 2025-2031

The global Smart Connected TV market size is predicted to grow from US$ 106610 million in 2025 to US$ 114820 million in 2031; it is expected to grow at a CAGR of 1.2% from 2025 to 2031.

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%.

LP Information, Inc. (LPI) ' newest research report, the “Smart Connected TV Industry Forecast” looks at past sales and reviews total world Smart Connected TV sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Connected TV sales for 2025 through 2031. With Smart Connected TV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Connected TV industry.

This Insight Report provides a comprehensive analysis of the global Smart Connected TV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Connected TV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Connected TV market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Connected TV and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Connected TV.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Connected TV market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
32 inch
40 inch
42 inch
55 inch
≥60 inch

Segmentation by Application:
Family
Public

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Samsung Electronics
LG Electronics
TCL
Hisense
Sony
Skyworth
Foxconn (Sharp)
Xiaomi
Vizio
Haier
Panasonic
Changhong
Konka

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Connected TV market?

What factors are driving Smart Connected TV market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Connected TV market opportunities vary by end market size?

How does Smart Connected TV break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.