Android TV Market Is Booming Worldwide by 2027 | TCL, Hisense, Sony, Skyworth, Foxconn(Sharp), Xiaomi, Haier, Panasonic

This report discusses many vital industry facets that influence Global Android TV industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2027.

Android TV Market size will grow at a compound annual growth rate (CAGR) of 14.15% from 2021 to 2027

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: TCL, Hisense, Sony, Skyworth, Foxconn(Sharp), Xiaomi, Haier, Panasonic, Changhong, Konka, TOSHIBA

Industry Recent Developments and Updates

Redmi launches two new Android 11 smart TVs in India. Price, other details- Xiaomi has announced that the Redmi TV sales will begin during Amazon India's upcoming Great Indian Festival sale and Diwali With Mi sale

Blaupunkt launches four Made in India Android smart TVs, price starts at Rs 14,999- German consumer electronics giant Blaupunkt on Thursday launched four Made-in-India Android TV models in India. The brand has entered into an exclusive licensing agreement with the Indian contract manufacturer Super Plastronics Private Limited (SPPL). As per the licensing contract, Blaupunkt’s manufacturing, branding, designing, packaging, and retailing supply chain will be handled by SPPL, which has been manufacturing home-grown brands from the past 30 years. The smart TVs will be available to customers from July 10th onwards on India’s homegrown e-commerce marketplace, Flipkart.

Blaupunkt Launches 4 New Smart Android TV In India- Blaupunkt's 43-inch and 55-inch smart TVs have 2GB of RAM and 8GB of internal storage. These models have Dolby Atmos, Dolby Digital Plus that give incredible sound quality.

Sony launches a new 32-inch Android TV in India- Sony on Thursday launched a new 32-inch BRAVIA 32W830 Android TV for India market at ₹30,990.The new model will be available across all Sony Centers, major electronic stores and online channels from April 15.

Market Overview                                                        

In 2020, a total of 268.9 million units were sold in the smart TV market. The demand value is expected to expand even further at a compound and growth rate of 20.8% between the forecasted period from 2021 to 2028. The COVID 19 pandemic has in a way impacted the customers' purchase behavior, they focussed spending on essential grocery and healthy food items rather than luxury items. Furthermore, the unprecedented situations that were expected due to the third waves are creating a gloomy outlook. The study shows that the evaluation has started due to different scenarios of covid 19s impact. However, Strict lockdowns drastically increased online streaming which ultimately led to a notable increase in the demand for smart TVs. However, the initiation of vaccination has begun and hence it is believed that by the year 2022 things will get back to normal.

The growing demand of high resolution TV and the rising prevalence of TV in developing countries are the key factors contribute to market growth. Increasing use of online content and increasing high-speed internet use enable users to use android TV. The changing lifestyle trend and increasing disposable income are the factors that contribute to the growth of market. The increasing demand for IPTV and HD videos is another driving factor of the market. Furthermore, technological improvements and rising customer purchasing power is likely to propel the usage of android TV during forecast period. However concerns over privacy and security hamper the market growth. Growing consumer awareness and demand from emerging economies are expected to offer numerous opportunities for growth over forecast period.

Android TV Market Segmentation:

Breakdown Data by Type

Family

Public

Android TV Breakdown Data by Application

32 inch

40 inch

42 inch

55 inch

?60 inch

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Android TV market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Android TV industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Android TV market research includes the methodical description of the various factors such as the market growth and detailed information about the different company’s revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Android TV Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Android TV market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Android TV market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Android TV Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.