Press release
Smart TV Market 2020 - Market Size, Share, Trends And Industry Growth Insights
The Business Research Company
The global smart TV market is expected to grow from $176.7 billion in 2019 and to $181.6 billion in 2020 at a growth rate of 2.78%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $232.1 billion in 2023 at CAGR of 8.53%.
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The smart TV market consists of sales of smart TV and related services that are used in homes, offices and education sectors. A smart TV is a digital TV that is basically an entertainment-specific, internet-connected, storage-ware device.
The rising popularity of video-on-demand service is a key factor driving the growth of the smart TV market. Video on Demand (VoD) is one of the innovative features that Internet Protocol TV (IPTV) gives. VoD gives consumers a range of available videos to choose from. The video is transmitted via the Real-Time Streaming Protocol. In the recent years VOD has gained tremendous popularity, this has resulted in higher smart TV adoption rates.
Smart TV Market Segmentation: -
By Product Type
1. 4K UHD TV
2. Full HD TV
3. HDTV
4. 8K TV
By Application
1. LCD
2. LED
3. OLED
4. QLED
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Few Points From Table Of Content
1. Executive Summary
2. Smart TV Market Characteristics
3. Smart TV Market Size And Growth
4. Smart TV Market Segmentation
5. Smart TV Market Regional And Country Analysis
......
25. Smart TV Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Global Smart TV Market Market
27. Smart TV Market Trends And Strategies
28. Smart TV Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the smart tv market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the smart tv market are Sony Corporation; LG Electronics, Inc; TCL Corporation; Koninklijke Philips N.V.; Haier Electronics Group Co., Ltd; Panasonic Corporation; Samsung Electronics; Apple Inc.
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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