The global smart TV market is projected to reach $369.7 billion by 2028, at a CAGR of 9.7% during 2023-2028. The growth of smart TV market is driven by increasing disposable income of consumers and easy availability of high-speed internet, coupled with growing consumer demand for web-enabled online platforms across the globe.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the smart TV market by resolution
(4K UHD TV, HDTV, full HD TV, and 8K TV), screen size (below 32 inches, 32 to
45 inches, 46 to 55 inches, 56 to 65 inches, and above 65 inches), distribution
channel (online and offline), and region (North America, Europe, Asia Pacific,
and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the smart TV market?
Q.4 What are some
changing demands of customers in the smart TV market?
Q.5 What are the new
developments in the smart TV market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this smart TV area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this smart TV market?
Market Segmentation:
Based on resolution, the
smart TV market is segmented into 4K UHD TV, HDTV, full HD TV, and 8K TV. The
full HD TV segment accounted for the largest share of the market in 2023 and is
expected to register the highest CAGR during the forecast period, due to because
of its high-resolution picture quality. Also, full HD TV provides a resolution
of 1920 x 1080 pixels, which is considered as the industry baseline.
APAC will remain the
largest segment over the forecast period due to growing adoption of smart
televisions along with increasing demand for 4K display technology owing to
consumer inclination towards better quality and sleek design.
Key Players in the smart
TV market are Haier, Intex Technologies, Koninklijke Philips, LG Electronics,
Panasonic Corporation, Samsung Electronics, Sansui Electric, Sony Corporation,
TCL Electronics, Toshiba Solutions, and Hisense International.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Related reports
Constant Voltage in the Global LED Driver Market
Lighting Technology in the Global Micro LED Market
T Lamps in the Global LED Driver Market
Type A Lamp in the Global LED Driver Market
Transfer Lighting Technology in the Global Micro LED
Market
Large Panels in the Global Micro LED Market
No comments:
Post a Comment