Global Smart TV Market Propelled by Growing Demand for Enhanced Audio-Visual Experiences | IMARC Group
BROOKLYN, NEW YORK, UNITED STATES, March 30, 2023 /
EINPresswire.com/ -- Market Outlook 2023:
The latest report by IMARC Group, titled "
Smart TV Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the global smart TV market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global smart TV market size reached US$ 256.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 379.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Smart TVs are next-generation televisions that can connect to the internet. They offer a wide range of online services and applications through built-in internet connectivity, which allows users to access and stream online content, such as Netflix, Hulu, or Amazon Prime, and browse the web, social media, and gaming applications. Smart TVs offer a user-friendly interface that is easy to navigate and provides access to various features and applications, including voice control, built-in cameras, and microphones for video conferencing, and virtual assistant functionality. Consequently, they are extensively adopted across the residential and commercial sectors to provide personalized viewing experiences to consumers.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.imarcgroup.com/smart-tv-market/requestsample
Global Smart TV Market Trends:
The rising demand for high-quality audio-visual experiences and the significant growth of
online video streaming platforms are some of the key factors driving the market growth. Besides this, rapid urbanization, improving living standards, inflating disposable incomes of individuals, and the widespread availability of high-speed internet connectivity are supporting market growth. Moreover, the rising adoption of internet-connected devices, such as smartphones, tablets, and smart home devices, are propelling the demand for smart TVs that can offer seamless integration with these devices.
In addition to this, the escalating product popularity on account of its numerous appealing features, such as screen sharing, mirror casting, and web browsing, is presenting remunerative growth opportunities for the market. Furthermore, continuous advancements in display technologies, such as organic light-emitting diode (OLED) and quantum light-emitting diode (QLED), to provide improved viewing experience and better picture quality and color accuracy are contributing to the market growth. Other factors, such as increasing demand for 4k and high dynamic range (HDR) content, extensive consumer spending on home entertainment systems, expanding popularity of online gaming, and the rising installation of smart TVs in commercial settings, such as hotels, restaurants, and bars, are aiding in market expansion.
๐๐
๐ฝ๐น๐ผ๐ฟ๐ฒ ๐๐ต๐ฒ ๐๐๐น๐น ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ถ๐๐ต ๐ง๐ข๐ & ๐๐ถ๐๐ ๐ผ๐ณ ๐๐ถ๐ด๐๐ฟ๐ฒ๐:
https://www.imarcgroup.com/smart-tv-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
โข LG Electronics, Inc.
โข Samsung Electronics Co. Ltd.
โข Sony Corporation
โข Panasonic Corporation
โข Vizio Inc.
โข Apple Inc.
โข Hisense Group Co. Ltd.
โข Koninklijke Philips N.V.
โข TCL Corporation
โข Insignia Systems, Inc.
โข Haier Group Corporation
โข Hitachi, Ltd.
โข Westinghouse Electric Corporation
Must Read the Blog on Global Smart TV Industry Led by Samsung Electronics:
https://www.imarcgroup.com/global-smart-tv-market-led-by-samsung-electronics
Key Market Segmentation:
Breakup by Resolution Type:
โข 4K UHD TV
โข HD TV
โข Full HD TV
โข 8K TV
Breakup by Screen Size:
โข Below 32 Inches
โข 32 to 45 Inches
โข 46 to 55 Inches
โข 56 to 65 Inches
โข Above 65 Inches
Breakup by Screen Type:
โข Flat
โข Curved
Breakup by Technology:
โข Liquid Crystal Display (LCD)
โข Light Emitting Diode (LED)
โข Organic Light Emitting Diode (OLED)
โข Quantum Dot Light Emitting Diode (QLED)
Breakup by Platform:
โข Android
โข Roku
โข WebOS
โข Tizen OS
โข iOS
โข MyHomeScreen
โข Others
Breakup by Distribution Channel:
โข Offline
โข Online
Breakup by Application:
โข Residential
โข Commercial
Breakup by Region:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข COVID-19 Impact on the Market
โข Porterโs Five Forces Analysis
โข Historical, Current and Future Market Trends
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Structure of the Market
โข Value Chain Analysis
โข Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Explore the Latest Research Reports 2023-2028:
โข Kraft Paper Market Report:
https://www.openpr.com/news/2972170/kraft-paper-market-estimated-to-exceed-us-23-6-billion-globally
โข Social Commerce Market Report:
https://www.openpr.com/news/2972223/social-commerce-market-estimated-to-exceed-us-3-652-billion
โข Pea Protein Market Report:
https://www.openpr.com/news/2972235/pea-protein-market-estimated-to-exceed-us-2-063-1-million
โข Tissue Paper Market Report:
https://www.openpr.com/news/2972248/tissue-paper-market-estimated-to-exceed-us-98-5-billion
โข Luxury Furniture Market Report:
https://www.openpr.com/news/2972264/luxury-furniture-market-estimated-to-exceed-us-31-0-billion
โข Smoothies Market Report:
https://www.openpr.com/news/2972279/smoothies-market-estimated-to-exceed-us-21-1-billion-globally
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCโs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companyโs expertise.
Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here