Connected TV Market

Connected TV Market Size, Share, Growth Analysis, By Screen Size(Less than 30 inchess, 30 inches to 50 inches), By Screen Type(Curved, Flat), By Technology(LED, OLED), By Resolution Type(8K, 4K), By End Use(Entertainment, Education), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG25E2126 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Connected TV Market Insights

Market Overview:

The market for Connected TV, which was valued at more than USD 80 billion in 2022, is projected to expand at a rate of over 6% between 2023 and 2032. This growth is primarily driven by the increasing desire for more immersive viewing experiences offered by Over-The-Top (OTT) services. TV content creators are consistently launching diverse content to meet viewer preferences and are actively seeking exclusive partnerships with various OTT platforms. Major streaming services like Amazon Prime, Netflix, and Disney Plus have developed custom applications for smart TVs, simplifying access for users. Moreover, the integration of advanced features such as voice control, screen sharing, and video calling on smart TVs significantly augments the user experience, contributing to their heightened demand.

Connected TV Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
Get Free Sample

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Consumer Electronics by segment aggregation, the contribution of the Consumer Electronics in Consumer Durables & Apparel and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The market for Connected TV was estimated to be valued at US$ XX Mn in 2021.

The Connected TV Market is estimated to grow at a CAGR of XX% by 2028.

The Connected TV Market is segmented on the basis of Screen Size, Screen Type, Technology, Resolution Type, End Use, Region.

Based on region, the Connected TV Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Connected TV Market are , Koninklijke Philips N.V. , LG Electronics , Panasonic Corporation , Samsung Electronics Co. Ltd. , Sharp Corporation , Hisense International , Sony Corporation , TCL Corporation , Vizio Inc , Xiaomi Corporation.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Connected TV Market

Product ID: UCMIG25E2126

$5,300
BUY NOW GET FREE SAMPLE