Press release
Third Party Online Channels Pushing the Most Number of Smart TV Sticks in the Market, Observes Fact.MR
Television scenario has been radically changing with customers shifting from traditional cable network or set top boxes toward standalone content providing devices such as smart TV sticks. The steady upward growth apropos to the demand for OTT (Over the Top) media services has significantly driven the adoption of smart TV sticks. FactMR envisages that the demand for Smart TV Sticks Market is projected to expand at a steady CAGR of 7.1% in terms of value throughout the period of assessment, 2018-2028.Sales of smart TV sticks are likely to remain concentrated in the developed regions of United States, given the high purchasing power parity of individuals in the country. However, emerging economies of Asia Pacific excluding Japan (APEJ) region, such as China and India have showcased high inclination toward adoption of smart TV sticks. The report forecasts that by end of 2028, the demand for smart TV sticks in China is projected to grow at a meteoric pace with its sales volume crossing 6 million units.
Download Free Sample Report Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=1367
Albeit high inclination toward online streaming and OTT adoption in emerging economies, fluctuating bandwidth becomes a crucial aspect. With strong internet network as a preliminary requirement for smart TV sticks, low or fluctuating bandwidths are likely to pose problems during streaming owing to low download speeds with excessive spikes and lags.
The smart TV sticks market growth is also impacted from the trade tensions between China and the United States, as the latter continues to impose high duty tariffs on imported electronic products. Such stringent government regulations between the two economically stable giants are likely to cause gap in supply and demand, consequently challenging the growth of smart TV sticks market.
Manufacturers of smart TV sticks are largely focusing on promoting and selling their products using third party online channels. With growing popularity of e-commerce, the trend of online selling has reached its peak as customers opt for online purchasing given its convenience and cost effectiveness aspects. That said, sales of smart TV sticks through third party online channels are expected to rove at a bullish pace during the period of forecast and are likely to cross US$ 1200 Mn by end of 2028. According to the report, this channel is likely to offer significant sales potential in the coming years, that manufacturers can leverage to tap customers even in remote places.
Learn More about Global Market Report Here - https://www.factmr.com/report/1367/smart-tv-sticks-market
The report foresees that the sales of smart TV sticks that do not possess 4K video support are high as compared to their 4K counterparts. The non 4K smart TV sticks sales are likely to cross US$ 950 Mn in 2019, leading the smart TV sticks market and are expected to maintain status quo throughout the period of assessment. However, in the coming years, the demand for 4K video support smart TV sticks is projected to expand at a significant pace, albeit at a lower base as compared to non 4K smart TV sticks.
Renascent competition between major players has been witnessed in the smart TV sticks space. With growing technological advancements, novelty in smart TV sticks has led to development of competitive products. Big giants such as Roku, Amazon and Google are involved in new product developments with a view to shun competition and gain hold. The fierce competition in the smart TV sticks landscape has resulted in these players touting smart TV sticks at reasonable rates, yet packed with advanced features that an individual seeks. However, not stopping in product development, players are further inducing new makeovers. For instance Roku’s options such as Roku Expree and Express Streaming Stick have been re-fabricated with new makeovers that has boosted power along with neat booting features.
Overall, the market for smart TV sticks has portrayed a positive outlook and is expected to grow at an optimistic speed in the coming years, offering new growth opportunities for players. Contact FactMR to know more captivating insights on the smart TV sticks topic.
You can Buy This Report from Here - https://www.factmr.com/checkout/1367/S
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized global market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us:
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Third Party Online Channels Pushing the Most Number of Smart TV Sticks in the Market, Observes Fact.MR here
News-ID: 1166856 • Views: …
More Releases from Fact.MR

Intracranial Aneurysm Market is Expamding at a CAGR of 10.5% by 2035 |
The global intracranial aneurysm market is poised for robust growth over the next decade, as innovations in treatment techniques and a growing focus on early detection fuel demand. According to the latest market research, the industry is projected to expand at a strong CAGR of 10.5% during the forecast period from 2025 to 2035. This growth trajectory is expected to elevate the market value from USD 1,626 million in 2024…

Airport Kiosk Market to Reach USD 5.67 Billion by 2033 | Avantor, Charter Medica …
The global aviation industry is undergoing a massive transformation as airports increasingly turn to automation and digitalization to enhance passenger experience, reduce operational costs, and improve efficiency. Among the most visible symbols of this shift are airport kiosks, which are now integral to check-in, security, boarding, and baggage handling processes. According to the latest research, worldwide demand for airport kiosks is set to grow at a compound annual growth rate…

Airport Kiosk Market to Reach USD 5.67 Billion by 2033 Driven by Automation in A …
The global aviation industry is undergoing a massive transformation as airports increasingly turn to automation and digitalization to enhance passenger experience, reduce operational costs, and improve efficiency. Among the most visible symbols of this shift are airport kiosks, which are now integral to check-in, security, boarding, and baggage handling processes. According to the latest research, worldwide demand for airport kiosks is set to grow at a compound annual growth rate…

Remote Control Market is Expanding at a CAGR of 4.8% by 2034 | Omni Remote; Zeni …
The global remote control market is on a steady growth trajectory, underpinned by rapid technological advancements and the growing penetration of smart consumer electronics. According to the latest projections by Fact.MR, the market, valued at USD 26.4 billion in 2024, is expected to expand at a CAGR of 4.8% during the forecast period from 2024 to 2034, reaching USD 42.1 billion by the end of 2034. As households and industries…
More Releases for FactMR
Endoscopic Submucosal Dissection Market Latest Trends and Innovations | FactMR
Endoscopic Submucosal Dissection (ESD) represents a significant advancement in minimally invasive surgical techniques, particularly for the removal of gastrointestinal (GI) tract tumors. As of 2024, the global endoscopic submucosal dissection market (内視鏡的粘膜下層剥離術市場) is anticipated to be valued at approximately USD 313.0 million. With a projected Compound Annual Growth Rate (CAGR) of 7.40%, the market is expected to more than double, reaching USD 640.5 million by 2034. This growth trajectory is…
How will Ice Skating Equipment Market Suffice Varied Taste Buds : FactMR
Latest report published by Fact.MR, a market research and competitive intelligence provider, projects that sales of ice skating equipment will likely increase at a CAGR of 4% from 2021-2031, reaching a market valuation of US$ 1.2 Bn by 2031. Innovations in equipment used in ice skating and exercise and health benefits derived from ice skating are having a positive impact on the sales of ice skating equipment.
Request Sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=227
Key…
How would Medical Case Management Service Market exemplify perfection : FactMR
As per a revised analysis by Fact.MR, a market research and competitive intelligence provider, the global medical case management service market is predicted to rise at a CAGR of 3.2% over the decade. Market revenue is expected to top a valuation of 5.5 Bn by the end of 2031.
Focus on healthcare has grown exponentially and spending has also followed a similar trend. It’s not possible for all patients to have…
Hanging Box Market is to Register Steady Growth During 2028 - FactMR Report
Hanging boxes are best known for their strength, structure and lightweight. Various products ranging from food, beverages, electronic items, machinery parts, cosmetics and medicines are packed in the hanging box. Owing to stringent plastic regulations across the world, hanging boxes are gaining traction from various industries, such as fashion, pharmaceuticals, cosmetics, machinery and food & beverages.
The Market Research Survey by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the…
Why Would The Luxury Eyewear Market Swing in Wireless Surprises? : FactMR
The global luxury eyewear market is projected to grow at a CAGR of over 3% and is estimated to reach a value pool of over US$ 50 Bn by the end of the forecast period (2019-2027). Despite continued threats of trade war and economic uncertainty, the overall outlook for the luxury eyewear market remains optimistic.Over the past decade, the aspirations of luxury businesses' have shifted exponentially and continue to be…
Biofuels Market: Understanding the Key Product Segments and their Future : FactM …
Latest industry survey by Fact MR, predicts Biofuel sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The report offers actionable and valuable market insights of Biofuel. The latest report by Fact.MR provides details on the…