The North America smart TV market size reached US$ 67.5 billion in 2023. The market is projected to reach US$ 205.0 billion by 2032, exhibiting a growth rate (CAGR) of 13.1% during 2023-2032. The increasing usage of high-speed internet, rising traction of OTT platforms, and growing demand of smart TVs among gamers represent some of the key factors driving the market.
A smart television (TV) is an electrical device integrated with internet connectivity, which is used to watch shows and access various free or paid streaming apps. It comprises an operating system that offers various games, applications, channels, and other digital services and hardware and connection types to receive cable and satellite transmission passively. It supports ethernet, wireless fidelity (Wi-Fi), Bluetooth, and flash memory cards from digital cameras, along with coaxial cable, high-definition multimedia interface (HDMI), and other audio-video connections. A smart TV can also be connected with various input devices, such as smartphones, tablets, keyboards, laptops, speakers, and mouse, to display pictures, play music, and watch videos from various websites and access different social media sites. It can control the operation of numerous connected devices in a smart home, such as smart locks and lights, through a dashboard incorporated into its system. It also provides voice search features to enable the users to navigate the menu, find channels, switch between apps, and control other connected devices without using the remote. As smart TV is user-friendly and provides various advanced features along with a big screen, it finds applications in the residential and commercial sectors across the North American region.
2. What is the expected growth rate of the North America smart TV market during 2024-2032?
3. What are the key factors driving the North America smart TV market?
4. What has been the impact of COVID-19 on the North America smart TV market?
5. What is the breakup of the North America smart TV market based on resolution type?
6. What is the breakup of the North America smart TV market based on the screen size?
7. What is the breakup of the North America smart TV market based on the screen type?
8. What is the breakup of the North America smart TV market based on the technology?
9. What is the breakup of the North America smart TV market based on platform?
10. What is the breakup of the North America smart TV market based on the distribution channel?
11. What is the breakup of the North America smart TV market based on the application?
12. What are the key regions in the North America smart TV market?
A smart television (TV) is an electrical device integrated with internet connectivity, which is used to watch shows and access various free or paid streaming apps. It comprises an operating system that offers various games, applications, channels, and other digital services and hardware and connection types to receive cable and satellite transmission passively. It supports ethernet, wireless fidelity (Wi-Fi), Bluetooth, and flash memory cards from digital cameras, along with coaxial cable, high-definition multimedia interface (HDMI), and other audio-video connections. A smart TV can also be connected with various input devices, such as smartphones, tablets, keyboards, laptops, speakers, and mouse, to display pictures, play music, and watch videos from various websites and access different social media sites. It can control the operation of numerous connected devices in a smart home, such as smart locks and lights, through a dashboard incorporated into its system. It also provides voice search features to enable the users to navigate the menu, find channels, switch between apps, and control other connected devices without using the remote. As smart TV is user-friendly and provides various advanced features along with a big screen, it finds applications in the residential and commercial sectors across the North American region.
North America Smart TV Market Trends
At present, the increasing utilization of high-speed internet for socializing, learning, and telehealth represents one of the primary factors influencing the market positively in the North American region. Besides this, there is a rise in the traction of various over-the-top (OTT) platforms as they are convenient, provide quality content, and enable users to watch their favorite shows on their preferred devices. This, coupled with the wide availability of various affordable subscription-based plans provided by streaming media services, is propelling the growth of the market in the region. In addition, the growing demand for smart TVs among gamers to connect their gaming peripherals and rigs and achieve a thrilling experience while playing is offering a favorable market outlook in the North American region. Apart from this, the rising application of smart TVs in office spaces to conduct video conferences, display presentations, and stream videos related to work is supporting the market growth. Moreover, the increasing employment of smart TVs integrated with smart class technology in schools and colleges for promoting better academic learning among students is strengthening the market growth in the North American region. Furthermore, key market players operating in the region are manufacturing smart TVs integrated with artificial intelligence (AI) and high dynamic range (HDR) programming to enhance their functionalities.Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the North America smart TV market report, along with forecasts at the regional and country level from 2023-2032. The report has categorized the market based on resolution type, screen size, screen type, technology, platform, distribution channel, and application.Resolution Type Insights:
- 4K UHD TV
- HD TV
- Full HD TV
- 8K TV
Screen Size Insights:
- Below 32 Inches
- 32 to 45 Inches
- 46 to 55 Inches
- 56 to 65 Inches
- Above 65 Inches
Screen Type Insights:
- Flat
- Curved
Technology Insights:
- LCD (Liquid Crystal Display)
- LED (Light Emitting Diode)
- OLED (Organic Light Emitting Diode)
- QLED (Quantum Dot Light Emitting Diode)
Platform Insights:
- Android
- Roku
- WebOS
- Tizen OS
- iOS
- MyHomeScreen
- Others
Distribution Channel Insights:
- Offline
- Online
Application Insights:
- Residential
- Commercial
Country Insights:
- United States
- Canada
- Mexico
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the North America smart TV market. Detailed profiles of all major companies have also been provided.Key Questions Answered in This Report
1. What was the size of the North America smart TV market in 2023?2. What is the expected growth rate of the North America smart TV market during 2024-2032?
3. What are the key factors driving the North America smart TV market?
4. What has been the impact of COVID-19 on the North America smart TV market?
5. What is the breakup of the North America smart TV market based on resolution type?
6. What is the breakup of the North America smart TV market based on the screen size?
7. What is the breakup of the North America smart TV market based on the screen type?
8. What is the breakup of the North America smart TV market based on the technology?
9. What is the breakup of the North America smart TV market based on platform?
10. What is the breakup of the North America smart TV market based on the distribution channel?
11. What is the breakup of the North America smart TV market based on the application?
12. What are the key regions in the North America smart TV market?
Table of Contents
1 Preface3 Executive Summary18 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Smart TV Market
6 North America Smart TV Market
7 North America Smart TV Market: Breakup by Resolution Type
8 North America Smart TV Market: Breakup by Screen Size
9 North America Smart TV Market: Breakup by Screen Type
10 North America Smart TV Market: Breakup by Technology
11 North America Smart TV Market: Breakup by Platform
12 North America Smart TV Market: Breakup by Distribution Channel
13 North America Smart TV Market: Breakup by Application
14 North America Smart TV Market: Breakup by Country
15 SWOT Analysis
16 Value Chain Analysis
17 Porter’s Five Forces Analysis
19 Competitive Landscape
List of Figures
List of Tables
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 122 |
Published | January 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 67.5 Billion |
Forecasted Market Value ( USD | $ 205 Billion |
Compound Annual Growth Rate | 13.1% |
Regions Covered | North America |