Smart TV Market Size, Share, Analysis Report

Global Smart TV Market Size By Application (Commercial, Residential), By Distribution Channel (Online, Offline), By Platform (Tizen OS , iOS , MyHomeScreen, Android , Roku , WebOS ), By Technology (OLED, QLED, LED, LCD), By Screen Type (Curved , Flat), By Screen Size (56 to 65 Inches, 46 to 55 Inches, 32 to 45 Inches, Above 65 Inches, Below 32 Inches), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global Smart TV Market is expected to grow by 2027 at a CAGR of 18%.

Purchase User License

MARKET SNAPSHOT

Major Players

  • Samsung Electronics Co
  • Apple Inc
  • Sony Corporation
  • TCL Corporation
  • Vizio Inc
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    18

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global Smart TV Market is expected to grow by 2027 at a CAGR of 18%.

    Smart televisions, also known as connected TVs, are combined with internet connectivity, which supports in providing a wide range of features, such as on-demand content from different applications, access to streaming services, and the capability of connecting with other wireless devices. They can also receive cable, satellite or over the air transmission passively. Besides this, smart TVs have extra hardware and connections, along with a TV operating system and a graphical user interface. These adaptations help viewers in accessing and controlling structures of the related devices and streaming content from internet video services. Due to rapid urbanization, inflating income levels and the easy availability of high-speed internet, there is a rise in the consumers’ spending on online video streaming channels, such as YouTube Premium, Netflix, Hulu, Vimeo and Amazon Prime Video. In line with this, as smart TVs can wirelessly connect to input devices, such as keyboards, mouses, smartphones and tablets, for enhancing usability and enabling text entry, navigation and internet browsing, their demand is increasing across the world. A smart TV is any TV that has built-in Internet connectivity, allowing it to access a range of web based services. Smart TVs are available as stand-alone products but regular televisions can also be made “smart” through set-top boxes that enable advanced functions. Smart TVs allow users to access their TV entertainment experience by using various apps which are similar to their mobile phone apps. Users are also able to install, and run various advance applications which are based on specific platforms in smart Tv’s.

    The global Smart TV market is segregated on the basis of Application as Commercial and Residential. Based on Distribution Channel the global Smart TV market is segmented in Online and Offline. Based on Platform the global Smart TV market is segmented in Tizen OS, iOS, MyHomeScreen, Android, Roku, WebOS, and Others.

    Based on Technology, the global Smart TV market is segmented in OLED, QLED, LED, and LCD. The report also bifurcates the global Smart TV market based on Screen Type in Curved and Flat. The report also bifurcates the global Smart TV the global Screen Size market is segmented in 56 to 65 Inches, 46 to 55 Inches, 32 to 45 Inches, Above 65 Inches, and Below 32 Inches.

    The global Smart TV market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Global Smart TV market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Samsung Electronics Co, Sony Corporation, TCL Corporation, Vizio Inc, Westinghouse Electric Corporation, Apple Inc, Ltd Haier Group Corporation, Hisense Group Co. Ltd, Hitachi Ltd, Insignia Systems Inc, and others are among the major players in the global Smart TV market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Global Smart TV Market has been segmented as below:

    Global Smart TV Market, By Application

    • Commercial
    • Residential

    Global Smart TV Market, By Distribution Channel

    • Online
    • Offline

    Global Smart TV Market, By Platform

    • Tizen OS
    • iOS
    • MyHomeScreen
    • Android
    • Roku
    • WebOS 
    • Others

    Global Smart TV Market, By Technology

    • OLED
    • QLED
    • LED
    • LCD

    Global Smart TV Market, By Screen Type

    • Curved
    • Flat

    Global Smart TV Market, By Screen Size

    • 56 to 65 Inches
    • 46 to 55 Inches
    • 32 to 45 Inches
    • Above 65 Inches
    • Below 32 Inches

    Global Smart TV Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Global Smart TV Market, By Company

    • Samsung Electronics Co
    • Sony Corporation 
    • TCL Corporation
    • Vizio Inc 
    • Westinghouse Electric Corporation
    • Apple Inc
    • Ltd Haier Group Corporation
    • Hisense Group Co. Ltd
    • Hitachi Ltd
    • Insignia Systems Inc

    The report covers:

    • Global Smart TV market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Smart TV market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart TV market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Global Smart TV market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Global Smart TV market share. Major industry players with significant revenue share include Samsung Electronics Co , Sony Corporation  , TCL Corporation, Vizio Inc  , Westinghouse Electric Corporation, Apple Inc , Ltd Haier Group Corporation , Hisense Group Co. Ltd, Hitachi Ltd , Insignia Systems Inc, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Global Smart TV industry trends
    • Find complete analysis on the market status
    • Identify the Global Smart TV market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization

    Customized report as per the requirement can be offered with appropriate recommendations.

    Below are our New Reports :-

    Motion Sensor Market

    Oxide Thin film Transistors Market

    Non-Optical Magnetometer Market

    Microwave Transmission Equipment Market

    PC Radiator Air Cooling System market

    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Global Smart TV Market, By Application
        5.1 Introduction
        5.2 Commercial
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Residential
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
    6. Global Smart TV Market, By Distribution Channel
        6.1 Introduction
        6.2 Online
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Offline
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
    7. Global Smart TV Market, By Platform
        7.1 Introduction
        7.2 Tizen OS
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 iOS
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 MyHomeScreen
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Android
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
        7.6 Roku
            7.6.1 Market Overview
            7.6.2 Market Size and Forecast
        7.7 WebOS  
            7.7.1 Market Overview
            7.7.2 Market Size and Forecast
        7.8 Others
            7.8.1 Market Overview
            7.8.2 Market Size and Forecast
    8. Global Smart TV Market, By Technology
        8.1 Introduction
        8.2 OLED
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 QLED
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
        8.4 LED
            8.4.1 Market Overview
            8.4.2 Market Size and Forecast
        8.5 LCD
            8.5.1 Market Overview
            8.5.2 Market Size and Forecast
    9. Global Smart TV Market, By Screen Type
        9.1 Introduction
        9.2 Curved
            9.2.1 Market Overview
            9.2.2 Market Size and Forecast
        9.3 Flat
            9.3.1 Market Overview
            9.3.2 Market Size and Forecast
    10. Global Smart TV Market, By Screen Size
        10.1 Introduction
        10.2 56 to 65 Inches
            10.2.1 Market Overview
            10.2.2 Market Size and Forecast
        10.3 46 to 55 Inches
            10.3.1 Market Overview
            10.3.2 Market Size and Forecast
        10.4 32 to 45 Inches
            10.4.1 Market Overview
            10.4.2 Market Size and Forecast
        10.5 Above 65 Inches
            10.5.1 Market Overview
            10.5.2 Market Size and Forecast
        10.6 Below 32 Inches
            10.6.1 Market Overview
            10.6.2 Market Size and Forecast
    11. Global Smart TV Market, By Geography
        11.1 Introduction
        11.2 North America
            11.2.1 North America Global Smart TV, By Application
            11.2.2 North America Global Smart TV, By Distribution Channel
            11.2.3 North America Global Smart TV, By Platform
            11.2.4 North America Global Smart TV, By Technology
            11.2.5 North America Global Smart TV, By Screen Type
            11.2.6 North America Global Smart TV, By Screen Size
        11.3 Europe
            11.3.1 Europe Global Smart TV, By Application
            11.3.2 Europe Global Smart TV, By Distribution Channel
            11.3.3 Europe Global Smart TV, By Platform
            11.3.4 Europe Global Smart TV, By Technology
            11.3.5 Europe Global Smart TV, By Screen Type
            11.3.6 Europe Global Smart TV, By Screen Size
        11.4 Asia-Pacific
            11.4.1 Asia-Pacific Global Smart TV, By Application
            11.4.2 Asia-Pacific Global Smart TV, By Distribution Channel
            11.4.3 Asia-Pacific Global Smart TV, By Platform
            11.4.4 Asia-Pacific Global Smart TV, By Technology
            11.4.5 Asia-Pacific Global Smart TV, By Screen Type
            11.4.6 Asia-Pacific Global Smart TV, By Screen Size
        11.5 Rest of the World
            11.5.1 Rest of the World Global Smart TV, By Application
            11.5.2 Rest of the World Global Smart TV, By Distribution Channel
            11.5.3 Rest of the World Global Smart TV, By Platform
            11.5.4 Rest of the World Global Smart TV, By Technology
            11.5.5 Rest of the World Global Smart TV, By Screen Type
            11.5.6 Rest of the World Global Smart TV, By Screen Size
    12. Competitive Insights
        12.1 Key Insights
        12.2 Company Market Share Analysis
        12.3 Strategic Outlook
            12.3.1 Mergers & Acquisitions
            12.3.2 New Product Development
            12.3.3 Portfolio/Production Capacity Expansions
            12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            12.3.5 Others
    13. Company Profiles
        13.1 Samsung Electronics Co
            13.1.1 Company Overview
            13.1.2 Product/Service Landscape
            13.1.3 Financial Overview
            13.1.4 Recent Developments
        13.2 Sony Corporation  
            13.2.1 Company Overview
            13.2.2 Product/Service Landscape
            13.2.3 Financial Overview
            13.2.4 Recent Developments
        13.3 TCL Corporation
            13.3.1 Company Overview
            13.3.2 Product/Service Landscape
            13.3.3 Financial Overview
            13.3.4 Recent Developments
        13.4 Vizio Inc  
            13.4.1 Company Overview
            13.4.2 Product/Service Landscape
            13.4.3 Financial Overview
            13.4.4 Recent Developments
        13.5 Westinghouse Electric Corporation
            13.5.1 Company Overview
            13.5.2 Product/Service Landscape
            13.5.3 Financial Overview
            13.5.4 Recent Developments
        13.6 Apple Inc
            13.6.1 Company Overview
            13.6.2 Product/Service Landscape
            13.6.3 Financial Overview
            13.6.4 Recent Developments
        13.7 Ltd Haier Group Corporation
            13.7.1 Company Overview
            13.7.2 Product/Service Landscape
            13.7.3 Financial Overview
            13.7.4 Recent Developments
        13.8 Hisense Group Co. Ltd
            13.8.1 Company Overview
            13.8.2 Product/Service Landscape
            13.8.3 Financial Overview
            13.8.4 Recent Developments
        13.9 Hitachi Ltd
            13.9.1 Company Overview
            13.9.2 Product/Service Landscape
            13.9.3 Financial Overview
            13.9.4 Recent Developments
        13.10 Insignia Systems Inc
            13.10.1 Company Overview
            13.10.2 Product/Service Landscape
            13.10.3 Financial Overview
            13.10.4 Recent Developments
               13.11 Koninklijke Philips NV
            13.11.1 Company Overview
            13.11.2 Product/Service Landscape
            13.11.3 Financial Overview
            13.11.4 Recent Developments
        13.12 LG Electronics Inc
            13.12.1 Company Overview
            13.12.2 Product/Service Landscape
            13.12.3 Financial Overview
            13.12.4 Recent Developments
        13.13 Panasonic Corporation
            13.13.1 Company Overview
            13.13.2 Product/Service Landscape
            13.13.3 Financial Overview
            13.13.4 Recent Developments

    The Global Smart TV Market has been segmented as below:

    Global Smart TV Market, By Application

    • Commercial
    • Residential

    Global Smart TV Market, By Distribution Channel

    • Online
    • Offline

    Global Smart TV Market, By Platform

    • Tizen OS
    • iOS
    • MyHomeScreen
    • Android
    • Roku
    • WebOS 
    • Others

    Global Smart TV Market, By Technology

    • OLED
    • QLED
    • LED
    • LCD

    Global Smart TV Market, By Screen Type

    • Curved
    • Flat

    Global Smart TV Market, By Screen Size

    • 56 to 65 Inches
    • 46 to 55 Inches
    • 32 to 45 Inches
    • Above 65 Inches
    • Below 32 Inches

    Global Smart TV Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Global Smart TV Market, By Company

    • Samsung Electronics Co
    • Sony Corporation 
    • TCL Corporation
    • Vizio Inc 
    • Westinghouse Electric Corporation
    • Apple Inc
    • Ltd Haier Group Corporation
    • Hisense Group Co. Ltd
    • Hitachi Ltd
    • Insignia Systems Inc

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 18% during the study period (2022-2027)
    The segment included in Smart TV Market is Application, Distribution Channel, Platform, Technology, Screen Type Company and region.
    Some key players operating in the Smart TV Market include Samsung Electronics Co, Sony Corporation, TCL Corporation, Vizio Inc, Westinghouse Electric Corporation, Apple Inc, Ltd Haier Group Corporation, Hisense Group Co. Ltd
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

    Related Reports