Smart Television TV Market Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook
Smart Television TV Market
business report provides a profound overview of product specification,
technology, and product type and production analysis considering major factors
such as revenue, cost, and gross margin. The data and information collected to
generate this top-notch market report has been derived from the trusted sources
such as company websites, white papers, journals, and mergers etc. Smart
Television TV Market report includes basic, secondary and advanced information
related to the global status, recent trends, market size, sales volume, market
share, growth, future trends analysis and segment.
Data Bridge Market Research analyses that the smart television
(T.V.) market was valued at USD 239 billion in 2021 and is expected to reach
USD 1,081. 60 billion by 2029, registering a CAGR of 20.77% during the forecast
period of 2022 to 2029. The "46 to 50 inch"
segment is likely to dominate the worldwide smart T.V. market throughout the
forecast period in terms of screen size. For larger T.V. sets, the majority of
buyers favor 4K UHD display technology. The growing spending power of customers
has boosted the demand for smart T.V.s on the market. In addition, rising
consumer income and price trends for UHD televisions are likely to drive growth
in the 46-55 inch screen size segment over the forecast period.
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Smart
televisions (T.V.s), also known as linked T.V.s, have internet connectivity
built in, allowing them to offer a variety of capabilities such as on-demand
content from various apps, access to streaming services, and the ability to
connect with other wireless devices. They can also passively receive cable,
satellite, or over-the-air (OTA) broadcasts. Aside from that, smart T.V.s have
additional hardware and connections and a television operating system and
graphical user interface (GUI). Viewers can use these adaptations to access and
manage aspects of linked devices as well as stream material from internet video
services.
Some of the major players operating in the smart television (T.V.)
market are SAMSUNG (South Korea), SONY INDIA (Japan), L.G. Electronics
(South Korea), Google LLC (U.S.), Panasonic Corporation (Japan), SHARP
CORPORATION (U.S.), Koninklijke Philips N.V., (Netherlands), Hitachi Ltd.
(Japan), TCL (China), Skyworth Group Limited (China), Haier Group (Hong Kong),
TOSHIBA CORPORATION (Japan), Videocon Industries Limited (Mumbai), Grande
Holdings Company Limited (Hong Kong), Xiaomi (China), Hisense International
(China), VIZIO, Inc., (U.S.), INSIGNIA SYSTEMS (U.S.), and Apple Inc (U.S.),
among others.
Recent Development
- In
April 2021, Samsung launched its ultra-high-end Neo QLED TV line. For a
cinematic watching experience, the new range has a nearly bezel-less
Infinity One Design and true-to-life picture quality. There will be five
sizes available: 85-inch (2m 16cm), 75-inch (1m 89cm), 65-inch (1m 63cm),
55-inch (1m 38cm), and 50-inch (1m 38cm) (1m 25cm). Furthermore, Samsung's
unique Neo Quantum Processor with superior upscaling capabilities is
included in Neo QLED TVs. The Neo Quantum Processor can maximize picture
quality to 4K and 8K picture output regardless of input quality by using
up to 16 separate neural network models, each trained in A.I. upscaling
and deep learning technologies.
Global Smart Television (T.V.) Market Scope
The
smart television (T.V.) market is segmented on the basis of resolution, screen
size, type, technology, platform and distribution channel. The growth amongst
these segments will help you analyze meagre growth segments in the industries
and provide the users with a valuable market overview and market insights to help
them make strategic decisions for identifying core market applications.
Resolution
- 4K
UHD TV
- HDTV
- Full
HD T.V.
- 8K TV
On
the basis of resolution, the smart television (T.V.) market is segmented into
4K UHD TV, HDTV, Full HD T.V., and 8K T.V.
Screen Size
- Below
32 inches
- 32 to
45 inches
- 46 to
55 inches
- 56 to
65 inches
- Above
65 inches
On
the basis of screen size, the smart television (T.V.) market is segmented into
below 32 inches, 32 to 45 inches, 46 to 55 inches, 56 to 65 inches, and above
65 inches.
Type
- Flat
- Curved
On
the basis of type, the smart television (T.V.) market is segmented into flat
and curved.
Technology
- OLED
- QLED
- LED
- Plasma
- Others
On
the basis of technology, the smart television (T.V.) market is segmented into
OLED, QLED, LED, plasma, and others.
Platform
- Android
- Roku
- WebOS
- Tizen
O.S.
- iOS
- MyHomeScreen
- Others
On
the basis of platform, the smart television (T.V.) market is segmented into
Android, Roku, WebOS, Tizen O.S., iOS, MyHomeScreen, and others.
Distribution Channel
- Direct
- Indirect
On
the basis of distribution channel, the smart television (T.V.) market is
segmented into direct and indirect.
Smart Television TV Key Benefits over Global Competitors:
- The
report provides a qualitative and quantitative analysis of the Smart Television TV Market
trends, forecasts, and market size to determine new opportunities.
- Porter’s
Five Forces analysis highlights the potency of buyers and suppliers to
enable stakeholders to make strategic business decisions and determine the
level of competition in the industry.
- Top
impacting factors & major investment pockets are highlighted in the
research.
- The
major countries in each region are analyzed and their revenue contribution
is mentioned.
- The
market player positioning segment provides an understanding of the current
position of the market players active in the Personal Care Ingredients
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