The global smart TV market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%. The family holds an important share in terms of applications, and accounts for 81% of the market share. North America is expected to be the largest contributor to the global smart TV market with a revenue contribution of USD 27 billion by 2030.
- The Smart TV market is expected to grow at a CAGR of around 10% from 2016-2020.
- The growth of the Smart TV market is driven by the increasing demand for internet-enabled TVs, which are expected to grow at a CAGR of around 12% from 2016-2020.
- The increasing penetration of 4K TVs in the global market is also driving the growth of the Smart TV market, as these TVs are more expensive and come with more features than HDTVs, which will drive up their demand and subsequently increase their penetration in households globally over time.
- Increasing adoption rates for smart TVs among consumers will also drive up the demand for smart TVs globally over time as they offer better features than traditional televisions such as access to apps and web browsing capabilities that allow users to watch content on different platforms without having to switch between devices or change inputs on their television sets; this will make them more appealing than traditional televisions in terms of functionality and convenience for consumers who want an all-in-one device that can provide them with entertainment options while still being able to multitask on other devices like smartphones or tablets while watching content on their television sets without having to switch inputs or change devices every time they want something different from what's available on their televisions sets; this will lead many consumers who have not yet purchased a smart TV set but are considering it because they want an all-in-one device that can provide them with entertainment options while still being able to multitask on other devices like smartphones or tablets while watching content on their television sets without having to switch inputs or change devices every time they want something different from what's available on their televisions sets.
- Increasing adoption rates among manufacturers such as Samsung, LG, Sony, Panasonic etc, who have been investing heavily into developing new technologies such as curved screens and 3D displays.
Industry Growth Insights published a new data on “Smart TV Market”. The research report is titled “Smart TV Market research by Types (32 inch, 40 inch, 42 inch, 55 inch, Greater than or equal to60 inch, The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.), By Applications (Family, Public, The family holds an important share in terms of applications, and accounts for 81% of the market share.), By Players/Companies Samsung Electronics, Samsung Electronics, LG Electronics, TCL, Hisense, Sony, Skyworth, Foxconn (Sharp), Xiaomi, Vizio, Haier, Panasonic, Chonghong, Konka, TOSHIBA”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart TV Market Research Report
By Type
32 inch, 40 inch, 42 inch, 55 inch, Greater than or equal to60 inch, The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
By Application
Family, Public, The family holds an important share in terms of applications, and accounts for 81% of the market share.
By Companies
Samsung Electronics, Samsung Electronics, LG Electronics, TCL, Hisense, Sony, Skyworth, Foxconn (Sharp), Xiaomi, Vizio, Haier, Panasonic, Chonghong, Konka, TOSHIBA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Smart TV Market Report Segments:
The global Smart TV market is segmented on the basis of:
Types
32 inch, 40 inch, 42 inch, 55 inch, Greater than or equal to60 inch, The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Family, Public, The family holds an important share in terms of applications, and accounts for 81% of the market share.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung Electronics
- Samsung Electronics
- LG Electronics
- TCL
- Hisense
- Sony
- Skyworth
- Foxconn (Sharp)
- Xiaomi
- Vizio
- Haier
- Panasonic
- Chonghong
- Konka
- TOSHIBA
Highlights of The Smart TV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 32 inch
- 40 inch
- 42 inch
- 55 inch
- Greater than or equal to60 inch
- The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
- By Application:
- Family
- Public
- The family holds an important share in terms of applications, and accounts for 81% of the market share.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart TV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Smart TV is a television set that has the ability to connect to the internet and access streaming content. This allows users to watch shows, movies, and other content from various sources without having to use a separate device. Some Smart TVs also have built-in apps that allow users to control their devices from within the TV interface.
Some of the major companies in the smart tv market are Samsung Electronics, Samsung Electronics, LG Electronics, TCL, Hisense, Sony, Skyworth, Foxconn (Sharp), Xiaomi, Vizio, Haier, Panasonic, Chonghong, Konka, TOSHIBA.
The smart tv market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart TV Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart TV Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart TV Market - Supply Chain
4.5. Global Smart TV Market Forecast
4.5.1. Smart TV Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart TV Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart TV Market Absolute $ Opportunity
5. Global Smart TV Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart TV Market Size and Volume Forecast by Type
5.3.1. 32 inch
5.3.2. 40 inch
5.3.3. 42 inch
5.3.4. 55 inch
5.3.5. Greater than or equal to60 inch
5.3.6. The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart TV Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart TV Market Size and Volume Forecast by Application
6.3.1. Family
6.3.2. Public
6.3.3. The family holds an important share in terms of applications, and accounts for 81% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart TV Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart TV Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart TV Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart TV Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart TV Demand Share Forecast, 2019-2026
9. North America Smart TV Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart TV Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart TV Market Size and Volume Forecast by Application
9.4.1. Family
9.4.2. Public
9.4.3. The family holds an important share in terms of applications, and accounts for 81% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart TV Market Size and Volume Forecast by Type
9.7.1. 32 inch
9.7.2. 40 inch
9.7.3. 42 inch
9.7.4. 55 inch
9.7.5. Greater than or equal to60 inch
9.7.6. The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart TV Demand Share Forecast, 2019-2026
10. Latin America Smart TV Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart TV Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart TV Market Size and Volume Forecast by Application
10.4.1. Family
10.4.2. Public
10.4.3. The family holds an important share in terms of applications, and accounts for 81% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart TV Market Size and Volume Forecast by Type
10.7.1. 32 inch
10.7.2. 40 inch
10.7.3. 42 inch
10.7.4. 55 inch
10.7.5. Greater than or equal to60 inch
10.7.6. The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart TV Demand Share Forecast, 2019-2026
11. Europe Smart TV Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart TV Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart TV Market Size and Volume Forecast by Application
11.4.1. Family
11.4.2. Public
11.4.3. The family holds an important share in terms of applications, and accounts for 81% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart TV Market Size and Volume Forecast by Type
11.7.1. 32 inch
11.7.2. 40 inch
11.7.3. 42 inch
11.7.4. 55 inch
11.7.5. Greater than or equal to60 inch
11.7.6. The segment of 2 inch holds a comparatively larger share in global market, which accounts for about 29%.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart TV Demand Share, 2019-2026
12. Asia Pacific Smart TV Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart TV Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart TV Market Size and Volume Forecast by Application
12.4.1. Family
12.4.2. Public
12.4.3. The family holds an important share in terms of applications, and accounts for 81% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart TV Market Size and Volume Forecast by Type
12.7.1. 32 inch
12.7.2. 40 inch
12.7.3. 42 inch
12.7.4. 55 inch
12.7.5. Greater than or equal to60 inch
12.7.6. The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart TV Demand Share, 2019-2026
13. Middle East & Africa Smart TV Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart TV Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart TV Market Size and Volume Forecast by Application
13.4.1. Family
13.4.2. Public
13.4.3. The family holds an important share in terms of applications, and accounts for 81% of the market share.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart TV Market Size and Volume Forecast by Type
13.7.1. 32 inch
13.7.2. 40 inch
13.7.3. 42 inch
13.7.4. 55 inch
13.7.5. Greater than or equal to60 inch
13.7.6. The segment of 42 inch holds a comparatively larger share in global market, which accounts for about 29%.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart TV Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart TV Market: Market Share Analysis
14.2. Smart TV Distributors and Customers
14.3. Smart TV Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung Electronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Samsung Electronics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TCL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hisense
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sony
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Skyworth
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Foxconn (Sharp)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xiaomi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vizio
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Haier
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Panasonic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Chonghong
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Konka
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TOSHIBA
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
