The increased use of streaming devices and the internet is driving the growth

DUBLIN, December 12, 2022 /PRNewswire/ — The ‚ÄúSmart TV Market Size, Share and Trend Analysis Report by Resolution (4K UHD TV, HDTV, Full HD TV), by screen size, by screen shape (flat, curved), by operating system, by region, and by segment forecast 2022-2030″ report has been added to ResearchAndMarkets.com offer.

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The size of the global smart TV market is expected to be assessed USD 451.26 billion by 2030, expanding at an estimated CAGR of 10.9% from 2022 to 2030.

Smart TVs offer internet connectivity and additional smart features like web browsers, voice commands, and screen sharing. The steady increase in the use of OTT applications to stream the latest TV content to smart TVs along with the influx of high-speed internet in the form of broadband, 4G and 5G internet is improving the viewing experience of users, which is expected to drive the growth of the market.

Additionally, the growing demand for TV content viewing offers TV content producers lucrative opportunities to cater to users via over-the-top (OTT) platforms such as Netflix, Amazon Prime and others on smart TVs. According to a report by MICA Ahmedabad, in India29 million subscribers paid for 53 million OTT subscriptions in 2021. These factors are expected to contribute to the growth of the industry in the coming years.

There has been an increase in demand for 4K smart TVs as they offer better picture and sound quality than lower resolution TVs. High-resolution smart TVs can enhance customers’ viewing experience, thus fueling the global demand for Full HD TVs and 4K UHD television. For example, Netflix, a streaming platform, offers high-quality TV content for streaming on smart TVs. Therefore, as more TV content is created with higher quality, 4K UHD TV products have seen massive market penetration, becoming the standard for most manufacturers.

The Asia Pacific The region accounted for the largest share of revenue in 2021 and is likely to lead the smart TV industry over the forecast period. According to the India Brand Equity Foundation (IBEF), television viewing time has increased India and smart TV sales exceeded 5 million units in 2020.

Furthermore, China they accounted for more than 49% of the income share due to rising disposable income and living standards. Competitive production prices, availability of skilled labor plus the presence of emerging market leaders including TCL Corporation and Hisense Co., Ltd., and, have enabled China to account for the majority of the market share in the Asia Pacific.

Smart TV market report highlights

  • In terms of resolution, the 4K UHD TV segment is expected to grow at the highest CAGR of over 12% due to increased demand for high-resolution content in entertainment and live sports

  • The larger than 65-inch screen size segment is projected to experience the highest CAGR during the forecast period 2022 to 2030 as customers seek to bring home a theater-like experience

  • The flat-panel form segment accounted for the largest market revenues in 2021, as flat-panel TVs offer a wider viewing angle for viewers and ease of wall-mounting

  • Roku OS is expected to grow at the highest CAGR during the forecast period 2022 to 2030 due to its ease of use and connectivity to Apple devices

  • By geography, the Asia Pacific The regional segment recorded the highest market revenues in 2021, thanks to the presence of the main smart TV manufacturers such as Samsung, LG, TCL and Xiaomi

  • Android TV operating system accounted for the biggest market revenue in 2021 due to its huge popularity for accessing the Play Store which allows users to download more supporting applications

Main topics covered:

Chapter 1 Methodology and scope

Chapter 2 Executive Summary

Chapter 3 Market variables, trends and scope
3.1 Introduction to the market
3.2 Analysis of the value chain
3.3 Market dynamics
3.3.1 Analysis of market drivers
3.3.1.1 Increasing usage of streaming devices and the internet is driving market growth
3.3.1.2 The introduction of television resolutions in 4KUHD and 8 thousand is fueling the expansion of the smart TV market
3.3.2 Market constraints/challenge analysis
3.3.2.1 The rise of Over the Top (OTT) services is hampering market growth
3.4 Mapping of penetration and growth prospects
3.5 Industry Analysis – Porter’s
3.6 Industry analysis – PEST
3.7 Key Business Analysis, 2021
3.7.1 Market Share Analysis by Manufacturers, 2021
3.8 Smart TV product trends
3.8.1 Comparison between operating systems
3.9 Ballpark Percentage Breakdown by Smart TV Units (Volume) for Consumers vs Businesses, 2021
3.10 Ballpark Percentage Breakdown for Smart TV Units (Volume) with Integrated Camera Capabilities, 2021
3.11 Top Webcam Manufacturers List and Key Company Categorization / Competition for Public and Private Companies (Key Innovators, Market Leaders, Emerging Players), Webcam Market in 2021

Chapter 4 Operating system estimates and trend analysis
4.1 Market Size Estimates and Forecasts and Trend Analysis, 2018-2030 (USD Billion)
4.2 Operating System Motion Analysis and Market Share, 2021 and 2030
4.3 Android TV
4.3.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
4.4 Tizen
4.4.1 Market Size Estimates and Forecasts, 2018-2030 (Billion USD)
4.5 WebOS
4.5.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
4.6 years
4.6.1 Market Size Estimates and Forecasts, 2018-2030 (Billion USD)
4.7 Other
4.7.1 Market Size Estimates and Forecasts, 2018-2030 (Billion USD)

Chapter 5 Resolution estimates and trend analysis
5.1 Market Size Estimates and Forecasts and Trend Analysis, 2018-2030 (USD Billion)
5.2 Resolution Movement Analysis and Market Share, 2021 and 2030
5.3 4K UHD television
5.3.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
5.4 HDTV
5.4.1 Market Size Estimates and Forecasts, 2018-2030 (Billion USD)
5.5 Full HD television
5.5.1 Market Size Estimates and Forecasts, 2018-2030 (Billion USD)
5.6 8 thousand TV
5.6.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)

Chapter 6 Screen size estimates and trend analysis
6.1 Market Size Estimates and Forecasts and Trend Analysis, 2018-2030 (USD Billion)
6.2 Screen Size Motion Analysis and Market Share, 2021 and 2030
6.3 under 32 inches
6.3.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
6.4 from 32 to 45 inches
6.4.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
6.5 from 46 to 55 inches
6.5.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
6.6 from 56 to 65 inches
6.6.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
6.7 above 65 inches
6.7.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)

Chapter 7 Screen Type Estimates and Trend Analysis
7.1 Market Size Estimates and Forecasts and Trend Analysis, 2018-2030 (USD Billion)
7.2 Screen Type Motion Analysis and Market Share, 2021 and 2030
7.3 Plate
7.3.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
7.4 Curved
7.4.1 Market Size Estimates and Forecasts, 2018-2030 (USD Billion)

Chapter 8 Regional estimates and trend analysis

Chapter 9 Competitive landscape
9.1 Haier Inc.
9.1.1 Company overview
9.1.2 Financial Results
9.1.3 Benchmarking the product
9.1.4 Strategic initiatives
9.2 Intex technologies
9.2.1 Company overview
9.2.2 Benchmarking the product
9.2.3 Strategic initiatives
9.3 Koninklijke Philips NV
9.3.1 Company overview
9.3.2 Financial Results
9.3.3 Benchmarking the product
9.3.4 Recent Developments
9.4 LG electronics
9.4.1 Company overview
9.4.2 Financial Results
9.4.3 Benchmarking the product
9.4.4 Recent Developments
9.5 Panasonic Corporation
9.5.1 Company overview
9.5.2 Financial Results
9.5.3 Benchmarking the product
9.5.4 Recent Developments
9.6 Samsung Electronics Co. Ltd.
9.6.1 Company overview
9.6.2 Financial Results
9.6.3 Benchmarking the product
9.6.4 Strategic initiatives
9.7 Sansui Electric Co., Ltd.
9.7.1 Company overview
9.7.2 Benchmarking the product
9.7.3 Strategic initiatives
9.8 Sony Company
9.8.1 Company overview
9.8.2 Financial Results
9.8.3 Benchmarking the product
9.8.4 Strategic initiatives
9.9TCL Electronics Holdings Limited
9.9.1 Company overview
9.9.2 Financial Results
9.9.3 Benchmarking the product
9.9.4 Recent Developments
9.10 Toshiba Visual Solutions (TVS Regza Corporation)
9.10.1 Company overview
9.10.2 Financial Results
9.10.3 Benchmarking of products
9.10.4 Recent Developments
9.11 Hisense International
9.11.1 Company overview
9.11.2 Financial Results
9.11.3 Benchmarking the product
9.11.4 Recent Developments

For more information on this report visit https://www.researchandmarkets.com/r/kxifcy

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