Kenneth Research, in its repository of market research reports, have recently added a report on the Smart TV Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Smart TV Market products.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Smart TV Market. The report analyses the Smart TV market By Screen Type (Flat TV, Curved TV), By Screen Resolution (HD/FHD, 4K, Above), By Screen Size (30”-39”, 40”-49”, 50”-59”, Above 60”) and By Distribution Channel (Online and Offline). The report on Smart TV market assesses the market By Region (North America, Europe, Asia Pacific, Rest of the world) and By Country (U.S., Canada, Mexico, United Kingdom, Germany, France, China, Japan, India, Australia). The report assesses the Smart TV market for the historical period of 2013-2017 and the forecast period of 2018-2023. Also, market share analysis for companies has also been covered.
According to Azoth Analytics research report, “Global Smart TV Market – Analysis By Screen Type, Screen Resolution, Screen Size, By Region, By Country (2018 Edition): Opportunities and Forecast (2013- 2023)”, Global Smart TV market is projected to display a robust growth represented by a CAGR of 7.4% during 2018 – 2023.
The segment of Flat Screen Smart TV witnessed growth at a noteworthy rate over the past few years and in the forecast period due to increasing adoption of Smart TV on the back of escalating global sport events like FIFA world cup & PyeongChang Winter Olympics, rising consumer spending on smart home appliances and burgeoning adoption of bezel less flexible OLED display in flat panel TV. The demand of 4K and 8K Smart TV screen resolution is anticipated to witness significant growth in the forecast period due to a gamut of factors such as rising adoption of novel technologies by consumers, increasing popularity of Ultra High Definition TVs and plummeting Smart TV prices.
During 2018-23, Smart TVs Market is anticipated to grow at an increased rate due to increasing consumer preferences towards online content, snowballing replacement demand and effective advertisement and marketing by key players across the globe. Amongst the regions, North America accounts for the largest regional share in the global Smart TV market in 2018. Key factors driving the robust growth rate of North America region include upsurge in the demand of large screen smart TVs, advancement in electronics and Internet of things technology, increasing demand of online streaming among millennial population etc. are driving the demand of Smart TVs in the market.
The report titled “Global Smart TV Market – Analysis By Screen Type, Screen Resolution, Screen Size, By Region, By Country (2018 Edition): Opportunities and Forecast (2013- 2023)” has covered and analysed the potential of Global Smart TV Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Smart TV market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Smart TV Market (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Smart TV Market By Value
• Analysis By Screen Type – Flat TV, Curved TV
• Analysis By Screen Resolution – HD/FHD, 4K and Above
• Analysis By Screen Size – Less than 32”, 33”- 39”, 40”-49”, 50”- 59”, Above 60”
• By Distribution Channel – Online, Offline
Regional Markets – North America, Europe, APAC and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Smart TV Market By Value
• Analysis By Screen Type – Flat TV, Curved TV
• Analysis By Screen Resolution – HD/FHD, 4K and Above
• Analysis By Screen Size – Less than 32”, 33”- 39”, 40”-49”, 50”- 59”, Above 60”
• By Distribution Channel – Online, Offline
Country Analysis – U.S., Canada, Mexico, Germany, United Kingdom, China, Japan and South Korea (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Smart TV Market By Value
• Analysis By Screen Resolution – HD/FHD, 4K and Above
Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• Porter Five Force Analysis
• Pricing Analysis
• Competitive Landscape
– Company Share Analysis
– Company Analysis – Samsung, LG Electronics, Sharp Corporation, Hisense, Panasonic Corporation, Sony, Videocon, Videocon, Xiaomi Corporation
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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