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Global Smart TV Market 2019 Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2024

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Summary:

A new market study, titled “Discover Global Smart TV Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.

— Introduction

Global Smart TV Market

Smart TVs are digital TVs with advanced features such as internet connectivity and storage capacity.

This report analyses the current status of the global Smart TV market, outlines the key market drivers and the bases for market segmentation, and studies the trends of this market till 2024.

The increase in cable services and broadcasting of high-resolution content by live streaming platforms has led to growth in the manufacturing of application loaded and high-resolution smart TVs. It is also expected that the rise in technology innovations in smart TV software and better display resolutions will witness a rapid growth in the global smart TV market. Another growth contributor to this market is the rising influence of digital media for marketing and advertising of smart TVs.

Industry experts predict that the value of the Smart TV market will reach USD 278 billion by 2024, at a CAGR of around 10% during 2019-2024.

 

Get Free Sample Report at https://www.wiseguyreports.com/sample-request/4277522-world-smart-tv-market-by-product-type-market-players-and-regions-forecast-to-2024

 

Segmentation:

The Smart TV market is segmented on the basis of resolution type, screen type, screen size, technology, platform, distribution channel, and geographical region.

According to resolution type, this market can be split into:

4K UHD TV
HD TV
Full HD TV
8K TV

According to screen size, this market is split into:

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

 

The Below 32 and 32-45 inches segments occupied a substantial share of the overall smart TV market in 2017, but are expected to see a decrease in the annual growth rate due to the growth of the 60 inch and above screen size segments by the end of the forecast period.

According to screen type, the Smart TV market can be divided into:

Flat
Curved

Depending on technology, this market is split into:

LCD (Liquid Crystal Display)
LED (Light Emitting Diode)
OLED (Organic Light Emitting Diode)
QLED (Quantum Dot Light Emitting Diode)

Depending on platform, this market is split into:

Android
Roku
Web Os
Tizen Os
iOS
MyHomeScreen
Others

According to distribution channel, the smart TV market is divided into:

Offline
Online

 

Regional Analysis:

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa are the major regions for the Smart TV market across the world.

It is expected that the Asia Pacific region, except Japan, will hold the majority of the market share in terms of revenue, during the forecast period. This is because this region witnesses the highest internet penetration in the world. Other factors such as technological advancements, growth of e-commerce and social media, as well as initiatives by the Government of India such as Digital India or Smart City projects are further fueling the growth of the smart TV market in the APEJ region. Besides, the availability of a large volume of free content in China and the rest of the Asia Pacific region is also contributing to the growth in this market.

 

Industry News:

In the latest industry news as of August 2019, OnePlus, a premium smartphone manufacturer, will enter the smart TV market in September by launching its product first in India before its home market in China.

 

Get Detailed Report at https://www.wiseguyreports.com/reports/4277522-world-smart-tv-market-by-product-type-market-players-and-regions-forecast-to-2024

   

Contact Info:
Name: Norah Trent
Email: Send Email
Organization: Wiseguyreports
Address: Office No. 528/524, Amanora Chambers, Magarpatta Road, Hadapsar Pune, Maharashtra 411028
Website: https://www.wiseguyreports.com/

Source URL: https://marketersmedia.com/global-smart-tv-market-2019-trends-market-share-industry-size-opportunities-analysis-and-forecast-to-2024/88930693

Source: MarketersMedia

Release ID: 88930693

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