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North America Smart TV Market Analysis (2017-2023)

November 2017 | 67 pages | ID: N491F71F1A1EN
KBV Research

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The North America Smart TV Market would witness market growth of 7.2% CAGR during the forecast period (2017 – 2023). Increased popularity of smart TVs has had a significant impact on cable TV market, as well as the set-top-box and the conventional television platforms, especially in the developed countries. However, the demand for online streaming has allowed service providers to look at Over the Top (OTT) space and distribute content via the Internet opportunities. 4K smart televisions have gained traction, especially due to their declining prices. As per Consumer Technology Association (CTA), the sale of 4K smart televisions is outpacing the sales of HDTVs.

Based on Resolution, the market report segments the market into HDTV, Full HDTV, 4K UHD, and Others. Based on Screen Type, the North America Smart TV market segments the market into Curved and Flat. Based on Screen Size, the market report segments the market into Below 32 inches, 32 to 45 inches, 46 to 55 inches, 56 to 65 inches, and Above 65 inches. Based on Countries, the North America Smart TV market segments the market into US, Mexico, Canada, and Rest of North America.

The market research report covers the competition analysis of key stake holders of the North America Smart TV Market. Key companies profiled in the report include Haier Group Corporation, Videocon Industries Limited, LG Electronics, Inc., Panasonic Corporation, Samsung Electronics Co. Ltd., Sony Corporation, Toshiba Corporation, LeEco, Koninklijke Philips N.V., and Sansui Electric Co. Ltd.
Smart TV Market to reach a market in North America is expected to register a CAGR of 7.2% during the forecast period (2017 – 2023) – KBV Research

According to a new report North America Smart TV Market, published by KBV research, the North America Smart TV Market would witness market growth of 7.2% CAGR during the forecast period (2017 – 2023).

The HDTV market holds the largest market share in North America Smart TV Market by Resolution in 2016, and would continue to be a dominant market till 2023. The Full HDTV market is expected to witness a CAGR of 8.1% during (2017 - 2023). Additionally, the 4K UHD market is expected to witness a CAGR of 7.7% during (2017 - 2023).

The US market holds the largest market share in North America Smart TV in 32 to 45 inches Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 6.8 % during the forecast period.

The Canada market is expected to witness a CAGR of 8.2% during (2017 - 2023) in North America Smart TV in 46 to 55 inches Market. Additionally, The Mexico market is expected to witness a CAGR of 8.6% during (2017 - 2023) in North America Smart TV in 56 to 65 inches Market.

The Flat market holds the largest market share in Mexico Smart TV Market by Screen Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 6.5 % during the forecast period. The Curved market would attain market value of $2,171.1 million by 2023.

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the North America Smart TV Market have been discussed in the report with the elaborated company profiles of Haier Group Corporation, Videocon Industries Limited, LG Electronics, Inc., Panasonic Corporation, Samsung Electronics Co. Ltd., Sony Corporation, Toshiba Corporation, LeEco, Koninklijke Philips N.V., and Sansui Electric Co. Ltd.

North America Smart TV Market Segmentation

By Resolution
  • HDTV
  • Full HDTV
  • 4K UHD
  • Others
By Screen Type
  • Curved
  • Flat
By Screen Size
  • Below 32 inches
  • 32 to 45 inches
  • 46 to 55 inches
  • 56 to 65 inches
  • Above 65 inches
By Country
  • US Smart TV Market
  • Canada Smart TV Market
  • Mexico Smart TV Market
  • Rest of North America Smart TV Market
Companies Profiled
  • Haier Group Corporation
  • Videocon Industries Limited
  • LG Electronics, Inc.
  • Panasonic Corporation
  • Samsung Electronics Co. Ltd.
  • Sony Corporation
  • Toshiba Corporation
  • LeEco
  • Koninklijke Philips N.V.
  • Sansui Electric Co. Ltd.
Unique Offerings from KBV Research
  • Exhaustive coverage of North America Smart TV Market
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
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