Global Smart TVs Market, Forecast to 2023
Global Smart TVs Market, Forecast to 2023
As the Competition Intensifies in the Maturing Smart TVs Space, 4K/HDR will Drive Market Growth
13-Feb-2018
North America
$1,500.00
Special Price $1,125.00 save 25 %
Description
While the overall LCD TV market has reached a certain level of maturity and has been experiencing shipment declines in many regions, the emergence of 4K TVs is driving demand in developed markets as well as price-sensitive countries like China. Unit shipment for the global smart TVs market is expected to increase from 193.7 million in 2017 to 249.9 million in 2023, at a compound annual growth rate (CAGR) of 4.3%.
As the costs of smart TVs – especially high-end TVs that feature large screen sizes and boast of features like 4K, HDR, Dolby Vision, curved displays, and bezel-free designs – continue to sharply drop year-on-year, vendors are rapidly pushing replacements and upgrades to consumers. Unit shipment for 4K TVs continued to grow at a double-digit rate, far outpacing lower-resolution displays like 1080p and 720p. As high-dynamic range (HDR) significantly enhances viewing quality for 4K and HD, this area is seeing growing interest. For all vendors, the goal is to create a best-in-class app ecosystem and to differentiate their TV models to command a premium over other competing UHD and 1080p models. Curved screens are making a splash as well, with screens in sizes ranging from 50 inches to well over 100 inches. Global vendors like Samsung and LG Electronics, as well as Chinese vendors like Hisense and TCL, now possess extensive 4K TV product portfolios and offer support to stream content through apps. This was reflected in 2017 CES announcements that further cemented UHDTVs as the standard for smart TVs, going forward.
Research Scope
This market insight covers the following:
- Global market trend analyses—including market drivers and restraints
- Detailed unit shipment forecasts for the total smart TVs market
- A competitive landscape, in terms of major participants and market share analysis
Geographic Segmentation: The global market has been segmented into North America/Latin America (NALA), Asia-Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).
Research Highlights
The base year is 2017, with forecasts running up to 2023. The research highlights key trends impacting the global smart TVs market and outlines future implications.
Key Issues Addressed
- Will the market continue to grow over the forecast period? If so, at what rate?
- Where does smart TV technology stand today? What are the primary challenges faced by vendors addressing this market? What are the drivers and restraints for market growth?
- What does the current competitive landscape look like? Is market concentration a restraint? Is the market attractive for mergers and acquisitions?
- What are the revenue breakups by geographical regions - NALA/EMEA/APAC? Which are the fastest growing?
Table of Contents
Key Findings
Market Engineering Measurements
Market Engineering Measurements (continued)
Introduction and Definitions
Introduction and Definitions (continued)
Global Market Lifecycle Analysis
Research Scope
Market Overview—Regions Covered
Frost & Sullivan Digital Media Value Chain Coverage
Key Questions this Insight will Answer
Market Drivers
Market Restraints
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Methodology
Unit Shipment Forecast
Percent Unit Shipment Forecast by Region
Unit Shipment Forecast by Region
Unit Shipment Discussion
Unit Shipment Discussion (continued)
Unit Shipment Discussion (continued)
Competitive Analysis—Market Share
Market Share Analysis
Competitive Structure and Tiers of Competition
Competitive Environment
Competitive Landscape Analysis
Competitive Factors and Assessment
Growth Opportunity 1—Differentiating Features/Services
Growth Opportunity 2—Strategic Acquisitions
Growth Opportunity 3—Connected Smart Home Future
Strategic Imperatives for Success and Growth
The Last Word—Predictions
Legal Disclaimer
List of Exhibits
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Popular Topics
residential energy storage market
plastic waste management market
electric vehicle market analysis
Research Scope
This market insight covers the following:
- Global market trend analyses—including market drivers and restraints
- Detailed unit shipment forecasts for the total smart TVs market
- A competitive landscape, in terms of major participants and market share analysis
Geographic Segmentation: The global market has been segmented into North America/La
No Index | No |
---|---|
Podcast | No |
Author | Aravindh Vanchesan |
Industries | Entertainment and Media |
WIP Number | 9AC1-00-2D-00-00 |
Is Prebook | No |
GPS Codes | 9523-D1,9705-C1,9849-70,9A3D-D1 |