Global Smart TV Market to Rise at 7.9% CAGR during 2017-2023, Informs KBV Research in Its Cutting-Edge Report Recently Added at MarketPublishers.com15 Dec 2017 • by Natalie Aster
LONDON – In the wake of the shifting consumer preferences to online content, owing to seamless high-speed Internet connectivity in most parts of the world, the smart TV market is enjoying sustainable, robust growth globally. The world’s smart TV market is projected to rise at a healthy 7.9% CAGR through to 2023 to amount to the value of appr. USD 223.4 billion.
At present, APAC holds the biggest chunk of the world’s HDTV smart TV market and is expected to maintain the dominant position through 2023, registering growth at a 7.3% CAGR in the coming years.
Currently, the flat TVs sector accounts for the major share of the overall smart TV market on the basis of screen types, and it is likely to continue taking lead in the market till 2023. Meantime, the curved TVs sector is slated to exhibit an uptake at a 12% CAGR to 2023.
Panasonic Corporation, Videocon Industries Limited, Samsung Electronics, Haier Group Corporation, LG Electronics, Toshiba Corporation, Sony Corporation, LeEco, Sansui Electric and Koninklijke Philips are amid the prominent players in the global smart TV market.
Cutting-edge research report “Global Smart TV Market Analysis (2017-2023)” worked out by KBV Research presents access to trustworthy data and statistics on the performance of the global smart TV market. It traces light on the current market scenario across various geographies, offers info on the historical market development, describes the market dynamics and talks about the main factors hindering and propelling the market growth. Moreover, this study includes an insightful analysis of the competitive landscape within the smart TV market as well as gives access to strategic profiles of the top companies engaged. This publication also comprises a thorough study of the market segments, evaluates the future growth prospects of the market and touches upon the major growth challenges and barriers. Additionally, a future outlook through 2023 for the smart TV market is provided, too.
Visit KBV Research online page to find many other in-demand reports prepared by this publisher.