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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