Global Smart TV Market Growth 2025-2031

The global Smart TV market size is predicted to grow from US$ 115210 million in 2025 to US$ 128730 million in 2031; it is expected to grow at a CAGR of 1.9% from 2025 to 2031.

Smart TV is a natural development of the increasing convergence and expansion of multimedia delivery. Smart TVs allow users to customize their TV entertainment experience by using apps that are very similar to the apps people use on their mobile phones. Before shopping for a Smart TV, buyers should know what constitutes the classification of a Smart TV and what supplemental products they will need to operate it. Network connectivity and usage become an issue with Smart TVs, so buyers should learn how they can hook up their Smart TV before purchasing one. Having the added features of a Smart TV can impact what type of remote control an owner can use, so buyers can implement a number of tips to control their Smart TV. Additionally, Smart TVs can work with PCs and notebooks to expand their usability.

Asia-Pacific is estimated to have a major share in the global market with 40%.

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

This Insight Report provides a comprehensive analysis of the global Smart 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 TV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart TV market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart 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 TV.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart 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
Chonghong
Konka
TOSHIBA

Key Questions Addressed in this Report

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

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

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

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

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

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