Smart TV Market : An Insight On the Important Factors and Trends Influencing the Market

A new report published by Future Market Insights titled “Smart TV Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” studies the performance of the global smart TV market over a 10 year assessment period from 2017 to 2027.

The report presents the value forecast of the global smart TV market and provides key insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from nearly US$ 300 Bn in 2017 to US$ 1,500 Bn by 2027 end, resulting in a CAGR of 17.5% over the forecast period.

The report segments the global smart TV market on the basis of Screen Type (28 to 40 inch, 41 to 59 inch, 60 inch and above) and on the basis of distribution channel (Direct, Indirect).

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As far as distribution channel segment is concerned, the direct segment is estimated to be valued at about US$ 97 Bn in the year 2017 and is slated to touch a value of nearly US$ 554 Bn in the year 2027, demonstrating a CAGR of 19.0% during the forecast period.

Future Market Insights tracks the performance of the global smart TV market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA. As per the forecasts of Future Market Insights, the North America smart TV market is estimated to be valued at nearly US$ 71 Bn in the year 2017, and is estimated to touch a value of US$ 270 Bn by the end of the forecast period, exhibiting a CAGR of 14.3% during the assessment period.

The smart TV market in APEJ is estimated to be valued at nearly US$ 92 Bn in the year 2017, and is estimated reach a value of nearly US$ 485 Bn in the year 2027, demonstrating a CAGR of 18.1% during the assessment period.

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The report profiles some of the leading players operating in the global smart TV market such as Samsung Electronics Co., Ltd., Panasonic Corporation, LG Electronics, Sharp Corporation, Sony Corporation, Koninklijke Philips N.V., Vizio Inc., Skyworth Digital Holdings Ltd., Tcl Corporation, Toshiba Corporation, Hisense Group, Haier Inc., Hitachi, Ltd And Videocon Industries Limited among others.

Long-term contracts with business partners helps increase business revenue and facilitates new innovation strategy. Enabling quality and provision of better after sales service improves growth potential in the global market.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.


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