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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
The market players are launching novel products with cutting-edge technology to meet the evolving customer demands
| Company | Founded | Headquarters | Products |
| Samsung Electronics Co., Ltd., | 1969 | Suwon, South Korea | Smartphones (Galaxy series), tablets, and TVs (including smart TVs) |
| LG Electronics | 1958 | Seoul, South Korea | Smart TVs, audio systems, smartphones, tablets, refrigerators, washing machines, vacuum cleaners, and air conditioners |
| Apple Inc. | 1976 | California, United States | iPhone, iPad, Mac computers, Apple Watch, Apple TV, and AirPods |
| Panasonic India | 1918 (parent company) | Haryana, India | TVs, refrigerators, washing machines, and air conditioners |
Other prominent players in the smart TV market are Koninklijke Philips N.V., Sony Corporation, TCL, Haier Group Corporation, and Vizio Inc., among others.
Smart TV Market Report Snapshots
Smart TV Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global smart TV market attained a value of nearly USD 245.51 billion.
The market is projected to grow at a CAGR of 9.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 559.58 billion by 2032.
The major drivers expected to aid the market growth are rising disposable incomes, increasing population, growing penetration of the high-speed internet, reducing prices of smart TVs, and growing technological advancements.
The key market trend guiding the growth of the smart TV market include the increased acceptance of 4K resolution televisions.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
HD TV, Full HD TV, 4K UHD TV, and 8K TV, among others are the major resolution types of the product in the market.
The major screen sizes of the product in the market include below 32 inches, 32 to 45 inches, 46 to 55 inches, 56 to 65 inches, and above 65 inches, among others.
The significant screen types of the product in the market are flat and curved.
LCD (Liquid Crystal Display), LED (Light Emitting Diode), OLED (Organic Light Emitting Diode), and QLED (Quantum Dot Light Emitting Diode) are the significant screen technology segments of the product in the market.
Android, Roku, WebOS, Tizen OS, iOS, and MyHomeScreen, among others, are the significant platforms of the product in the market.
Offline and online are the major distribution channels of the product in the market.
Residential and commercial applications are the major application segments of the product in the market.
The major players in the market are Samsung Electronics Co., Ltd., LG Electronics, Apple Inc., Panasonic India, Koninklijke Philips N.V., Sony Corporation, TCL, Haier Group Corporation, and Vizio Inc., among others.
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