The growth of the market is attributed to the presence of prominent industry players such as LG Electronics, Samsung, etc. Request To Download Sample of This Strategic Report:- Īsia-Pacific is forecast to dominate the global smart television market in terms of revenue. Governments of various countries announced border closures, which is impacting the supply chain. However, the market is being badly impacted in terms of supply. In-home video consumption has reached new heights due to work-from-home mandates. The COVID-19 epidemic has had a significant impact on all consumers’ lifestyles and habits.
In addition, the growing urban population and rising disposable income are likely to benefit the global smart television market. The global smart television market is forecast to witness favorable opportunities, owing to the extensive availability of different content for consumers’ experience. Furthermore, the rising demand for smart televisions with smart features will surge the market growth during the forecast period. All of these features turn them into computers capable of streaming videos from online streaming platforms like Amazon TV, Netflix, Hulu, and Google Movies. Smart televisions also include DVD players, music players, and internet-based applications. Such advancements are likely to benefit the entire smart television market. Ltd unveiled its line of 2020 QLED 4K and 8K TVs in March 2020. It is considered the first proper foray of the manufacturer into non-smartphone hardware. Furthermore, OnePlus unveiled its smart TV in September 2019.
#LG DVD SMART PLAYER SERIES#
In July 2020, Samsung introduced its latest series of QLED Smart TVs. In addition, the increasing number of advancements in technology is forecast to fuel the growth of the smart television market. The growing trend of smart offices and smart homes will offer ample growth opportunities for the smart television market growth. Ltd., Toshiba Corporation, Haier Electronics Group Co., Ltd., Other Prominent Players Ltd., Sony Corporation, VIZIO Inc., Videocon Industries Ltd., Sansui Electric Co. Competitors in the Market, LG Electronics Inc., Samsung Electronics Co.
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