Press release
Global Smart TV Sticks Market: APEJ Witnessing Significant Growth || Key Players -Amazon , Roku , Alphabet , Sky PLC , Shenzhen Rikomagic Tech , Dongguan Sonicway Electrical Appliance , ASUSTeK Computer , Shenzhen Tomato Technology | Forecast Report 2018-
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. Fact.MR 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.Get free Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=1367
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.
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.
Complete Report Available @ 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.
Make an Enquiry Before Buying the Report: https://www.factmr.com/connectus/sample?flag=AE&rep_id=1367
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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
FactMR
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 Global Smart TV Sticks Market: APEJ Witnessing Significant Growth || Key Players -Amazon , Roku , Alphabet , Sky PLC , Shenzhen Rikomagic Tech , Dongguan Sonicway Electrical Appliance , ASUSTeK Computer , Shenzhen Tomato Technology | Forecast Report 2018- here
News-ID: 1286285 • Views: …
More Releases from Fact.MR
Superfoods - Top Global Industry Trends in 2026
The global superfoods market is experiencing significant expansion, driven by growing consumer interest in preventive healthcare, nutritional optimization, and functional food solutions. Superfoods-including antioxidant-rich fruits, nutrient-dense vegetables, ancient grains, seeds, herbs, and roots-are increasingly incorporated into everyday diets, dietary supplements, beverages, and functional foods. This report provides insights into market size, growth drivers, European dynamics, technology trends, and strategic implications for stakeholders.
Market Size and Growth
Globally, the superfoods market is projected…
European Semiconductor Chemical Vapor Deposition Equipment Market Outlook 2025-2 …
The European semiconductor chemical vapor deposition (CVD) equipment market is poised for robust growth from 2025 to 2035, driven by rising semiconductor fabrication investments, increasing adoption of advanced manufacturing processes, and growing demand for next-generation electronic devices. CVD equipment-including atmospheric-pressure CVD, low-pressure CVD, metal-organic CVD, and density-plasma CVD systems-is essential for precise thin film deposition, enabling high-performance semiconductor device fabrication for logic chips, memory chips, analog devices, and optoelectronics. This…
European Stick Packaging Market Outlook 2025-2035: Key Developments and Future S …
The European stick packaging market is poised for strong growth from 2025 to 2035, driven by rising consumer demand for convenient, single-serve packaging solutions, increasing adoption of sustainable materials, and technological advancements in flexible packaging formats. Stick packaging-including BOPP, PE, paper, metallized films, and hybrid formats-plays a critical role in food, beverage, pharmaceutical, and cosmetic applications, providing portion control, product protection, and hygiene benefits. This report highlights market size, growth…
European Manganese Mining Market Outlook 2025-2035: Key Developments and Future …
The European manganese mining market is set for steady growth between 2025 and 2035, driven by increasing demand from the steel and battery manufacturing sectors, rising infrastructure investments, and the expansion of electric vehicle production. Manganese, a critical component in steel alloys and lithium-ion battery cathodes, plays a vital role in enhancing structural integrity, corrosion resistance, and electrochemical performance. This report highlights market size, growth drivers, regional dynamics, technology trends,…
More Releases for APEJ
APEJ to Spearhead the Global Soy Protein Hydrolysate by 2026
The Global Dietary Supplements Industry Current Scenario and Outlook
The unprecedented COVID-19 outbreak has brought significant challenges for various industries across the globe. Stringent restrictions on movement, production, supply of raw materials, and limited stocks have affected the growth of businesses to a great extent.However, with the roll out of the vaccination process in countries like the U.S., the U.K., China, India, and Germany, manufacturers are gaining momentum in terms of…
Lacquer Market : APEJ to be the largest market through 2028
Global demand for lacquers is likely to reach roughly 7 million tons in 2018, as applications in furniture, automotive, and architectural industries create sustained growth opportunities. The shift from solvent-based to water-based lacquers will become more palpable in the next decade, as a combination of environmental compliance and end-user consciousness induces changes in manufacturing and uptake. The long-term outlook on lacquer market remains bullish, with novel applications in cosmetics likely…
Dimethylolpropionic Acid (DMPA) Market: APEJ to Remain Largest Consuming
Future Market Insights (FMI) delivers key insights on the global dimethylolpropionic acid market in its upcoming report titled “Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis and Opportunity Assessment 2015–2020”. The global Dimethylolpropionic Acid (DMPA) market is projected to expand at a CAGR of over 8% during the forecast period (2015–2020), largely due to increasing demand for polyurethane dispersions, regarding which FMI offers vital insights in detail in this report.
On the…
Global Construction Polymer Manufacturing to Remain Concentred in the APEJ Regio …
Over the years, the global construction industry has emerged as the largest consumer of polymer composites. Surging use of polymer and polymer composite materials in the construction industry has been instrumented by the technical, structural, architectural, and designing advantages of construction polymers over conventional construction materials such as dust, sand and concrete.
Future Market Insights’ new report reveals that by the end of 2026, over US$ 135 Mn worth of…
APEJ Automotive Aftermarket to hit US$ 218.73 Bn by 2025
Future Market Insights (FMI) announces release of its latest market outlook forecast titled “Automotive Aftermarket: Asia-Pacific Excl. Japan (APEJ) Industry Analysis and Opportunity Assessment 2015 - 2025”. According to this report, automotive aftermarket components in Asia Pacific is anticipated to account for US$ 218.73 Bn by 2025, registering a compound annual growth rate (CAGR) of 9.1% throughout the forecast period.
The automotive aftermarket is a secondary market, which plays a…
APEJ Automotive Aftermarket Poised to hit US$ 218.73 Bn by 2025
Future Market Insights (FMI) announces release of its latest market outlook forecast titled “Automotive Aftermarket: Asia-Pacific Excl. Japan (APEJ) Industry Analysis and Opportunity Assessment 2015 - 2025”. According to this report, automotive aftermarket components in Asia Pacific is anticipated to account for US$ 218.73 Bn by 2025, registering a compound annual growth rate (CAGR) of 9.1% throughout the forecast period.
The automotive aftermarket is a secondary market, which plays a…
