Smart TV Market Size 2023: Hits US$ 379.1 Billion by 2028, At CAGR of 5.9%
The global smart TV market size reached US$ 256.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 379.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Smart televisions (TVs), also represented as connected TVs, refer to next-generation devices incorporated with internet connectivity and Web 2.0 features. They have various features, such as a graphical user interface (GUI), the capability of connecting with other wireless devices, on-demand content, an operating system, built-in Wi-Fi that eliminates the need for a separate set-top box, access to streaming services, an ethernet connection, etc. Smart TVs are available in several types, including organic light-emitting diode (OLED), liquid crystal display (LCD), light-emitting diode (LED), quantum dot light-emitting diode (QLED), etc. In addition, they offer the facilities of searching, browsing, sharing, chatting, and downloading content for the viewers compared to the traditional cable televisions.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/smart-tv-market/requestsample
Global Smart TV Market Trends:
The growing popularity of the over-the-top (OTT) platforms that distribute original content via the internet is among the primary factors driving the smart TV market. Besides this, the elevating demand for online video streaming channels, such as YouTube Premium, Netflix, Hulu, Amazon Prime Video, etc., is further augmenting the market growth. Moreover, the rising integration of smart TVs with various input devices, including mouses, smartphones, keyboards, tablets, etc., for navigation, enhancing usability, enabling text entry, and internet browsing, is also catalyzing the global market.
Apart from this, the increasing number of investments by the leading players in research and development (R&D) activities to launch product variants with pixel-less imagery, convenient access, artificial intelligence (AI) upscaling, low installation costs, etc., are acting as significant growth-inducing factors. Furthermore, the introduction of 4K resolution with the latest technologies is expected to bolster the smart TV market in the coming years.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/smart-tv-market
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
• LG Electronics, Inc.
• Samsung Electronics Co. Ltd.
• Sony Corporation
• Panasonic Corporation
• Vizio Inc.
• Apple Inc.
• Hisense Group Co. Ltd.
• Koninklijke Philips N.V.
• TCL Corporation
• Insignia Systems, Inc.
• Haier Group Corporation
• Hitachi, Ltd.
• Westinghouse Electric Corporation
Key Market Segmentation:
Breakup by Resolution Type:
• 4K UHD TV
• HD TV
• Full HD TV
• 8K TV
Breakup by Screen Size:
• Below 32 Inches
• 32 to 45 Inches
• 46 to 55 Inches
• 56 to 65 Inches
• Above 65 Inches
Breakup by Screen Type:
Breakup by Technology:
• Liquid Crystal Display (LCD)
• Light Emitting Diode (LED)
• Organic Light Emitting Diode (OLED)
• Quantum Dot Light Emitting Diode (QLED)
Breakup by Platform:
• Tizen OS
Breakup by Distribution Channel:
Breakup by Application:
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
• Scope and Methodology
• Executive Summary
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Read Latest Research Reports by IMARC Group:
• Cloud Gaming Market Report: https://www.digitaljournal.com/pr/cloud-gaming-market-outlook-2023-globally-worth-us-13581-3-million-opportunity-till-2028-growth-rate-cagr-of-47-5
• Frac Sand Market Report: https://www.digitaljournal.com/pr/frac-sand-market-outlook-2023-globally-worth-us-11-4-billion-opportunity-till-2028-growth-rate-cagr-of-8-24
• Greek Yogurt Market Report: https://www.digitaljournal.com/pr/greek-yogurt-market-outlook-2023-globally-worth-us-13-4-billion-opportunity-till-2028-growth-rate-cagr-of-7-6
• Logistics Market Report: https://www.digitaljournal.com/pr/global-logistics-market-size-2023-worth-us-6-8-trillion-opportunity-till-2028-growth-rate-cagr-of-4-5
• Rolling Stock Market Report: https://www.digitaljournal.com/pr/rolling-stock-market-outlook-2023-globally-worth-us-78-2-billion-opportunity-till-2028-growth-rate-cagr-of-2-67
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
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 Smart TV Market Size 2023: Hits US$ 379.1 Billion by 2028, At CAGR of 5.9% here
News-ID: 2856810 • Views: 148
More Releases from IMARC Group
Edtech Market Size, Top Companies, Revenue by 2028 , Driven by The Inflating Dig …
The latest research study "Edtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global edtech market size reached US$ 194.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 452.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028. Education technology (EdTech) refers to the technology used to deliver education virtually. It consists of hardware
Physical Security Market To Exceed US$ 171.4 Billion by 2028, Exhibiting a Growt …
The latest research study "Physical Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that The global physical security market size reached US$ 116.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 171.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028. Physical security is used to protect physical assets, personnel, software, hardware, networks, and property
Fintech Market Size To Surpass US$ 449.1 Billion by 2028 | CAGR of 17.7%
The latest research study by IMARC Group, "Fintech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" offers a comprehensive analysis of the industry, which comprises insights on global fintech industry report. The market size reached US$ 158.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 449.1 Billion by 2028, exhibiting a growth rate (CAGR) of 17.7% during 2023-2028. Fintech refers to financial
Audio CODEC Market to Reach US$ 8.1 Bn by 2028 Emerging at a CAGR of 3.93% and F …
The latest research study "Audio CODEC Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the the global audio CODEC market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.93% during 2023-2028. Audio coder-decoder or audio CODEC refers to computer-based applications and integrated circuits (IC)
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices. The global IoT device management market is
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally. Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as