Smart TV Market Forecast Report 2020 – 2027 – Top Key Players Analysis


Posted September 10, 2020 by shaqibakram

The growing penetration of high-speed internet, increasing living standards, and the rising disposable income of the population, are the major factors that are driving the growth of the smart TV market.

 
The GMI Research adds new research on the Smart TV market, a detailed analysis of this business space including the emerging market trends, competitive landscape, and market size. The report covers various parameters among different segment analysis, the regional growth landscape, and an in-depth study of the industry’s competitive scenario.

Leading Players of the Smart TV market:

The major players in the market include LG Electronics Inc., Sony Corporation, Panasonic Corporation, TCL Corporation, Insignia Systems Inc., Vizio Inc., Toshiba Corporation., Samsung Electronics Co. Ltd, Hisense Group Co. Ltd, and Koninklijke Philips NV, among others.

Key Drivers of the Smart TV market:

The growing penetration of high-speed internet, increasing living standards, and the rising disposable income of the population, are the major factors that are driving the growth of the smart TV market. Additionally, there has also been a decrease in the price of smart TV, and continuous technological advancements in smart TV is further propelling the market’s growth. The increasing admiration for OTT streaming in audiovisual content is impacting the overall smart TV market in a positive manner.

As per the smart TV market research, the smart TV provides numerous features such as smartphone compatibility, screen sharing ability &affordability, web browsing, and convenience, which are encouraging the consumers to opt for these TV. In addition to this, the advancement with upgraded QLED technology, which has the features of improved color accuracy and bright colors and the emerging 4K UHD, OLEDs technologies, consumers expect to enjoy a better viewing experience, is further increasing the adoption of smart TVs all over the globe. According to the smart TV market forecast, the lack of awareness among the people and lack of penetration of the internet among some regions are likely to hamper the market’s growth.

Market Segmentation of the Smart TV market:

This report focuses on the Smart TV market status, forecast, growth opportunities, key development, and the leading players in the market. The main aim of the study is to present the trends and developments in North America, Europe, Asia Pacific, and RoW.

Segment by Panel Type:

LED
OLED
QLED
Others
Segment by Resolution Type:

HD TV
Full HD TV
4K UHD TV
8K TV
Segment by Distribution Channel:

Online
Offline
Segment by End use:

Commercial
Residential
Others
Segment by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.
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Last Updated September 10, 2020