Sign In  |  Register  |  About Mill Valley  |  Contact Us

Mill Valley, CA
September 01, 2020 1:29pm
7-Day Forecast | Traffic
  • Search Hotels in Mill Valley

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

United States Smart TV Analysis and Competitive Landscape Report 2025: Market to Reach $134.97 Billion in 2033 from $54.95 Billion in 2024, with a CAGR of 10.50% from 2025 to 2033 - ResearchAndMarkets.com

The "United States Smart TV Market by Resolution Type, Screen Size, Type, Technology, Operating System, Application, States and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

United States Smart TV market is expected to reach US$ 134.97 billion in 2033 from US$ 54.95 billion in 2024, with a CAGR of 10.50 % from 2025 to 2033.

Some of the main factors propelling the market are the increasing popularity of streaming services, the broad use of smart TV in the educational sector, and the ongoing advancement of technology, which has prompted manufacturers to innovate, improve screen quality, expand connectivity options, and integrate voice recognition features into their products.

United States Smart TV Industry Overview

The United States industry that produces, distributes, and sells internet-connected television sets is included in the Smart TV market. The need from consumers for better home entertainment experiences as well as technology developments in display quality, computing speed, and connectivity have both contributed to the market's notable evolution. From entry-level models with simple streaming features to high-end models with 4K, OLED, and QLED displays, the Smart TV industry offers a wide range of product categories. Furthermore, the industry includes the creation of supplementary software, applications, and services that improve these devices' capabilities. Smart TVs have evolved from basic consumer gadgets to major hubs for digital lives and home entertainment in recent years.

Techreport claims that generational changes in media consumption are significantly influencing the adoption of smart TVs. More than 60% of Americans under 30 say they would rather stream stuff online than watch TV, which is consistent with a larger trend in which younger generations are less likely to have cable or satellite subscriptions. Actually, more than 60 percent of those under 30 have never had one of these subscriptions. The fact that 28.5% of video streaming users are between the ages of 28 and 34, and 70% of users are between the ages of 18 and 44, further supports this trend.

Furthermore, a definite desire for flexible, on-demand watching options is demonstrated by the fact that 35% of Americans who make over $75,000 per year lean toward streaming services. It's interesting to note that 41% of American viewers would interact with advertisements more if they were customized to their tastes, highlighting the possibility of customized advertising tactics in the context of smart TV.

Growth Drivers for the United States Smart TV Market

Increasing Demand for Streaming Services

One of the main factors propelling the smart TV industry in the United States is the growing demand for streaming services. Customers are looking for TVs that enable smooth integration with streaming services like Netflix, Hulu, Amazon Prime, and Disney+ as their popularity grows. Convenience and the removal of the need for other equipment like set-top boxes or streaming sticks are two benefits of smart TVs with integrated apps and simple access to streaming content.

Smart TVs are now the main hub for home entertainment due to the transition toward digital streaming, which is being driven by the expansion of exclusive content and on-demand entertainment. Smart TVs with cutting-edge capabilities are becoming more and more popular as more people choose streaming as their main entertainment source.

Technological Advancements

The expansion of the smart TV market in the United States is mostly driven by technological improvements. Sharper images, more vivid colors, and improved contrast are all provided by features like 4K resolution, OLED, QLED, and HDR, which greatly improve watching experiences. Tech-savvy consumers who expect top-notch graphics for sports, entertainment, and gaming will find these advancements appealing.

Furthermore, voice control features have been added to smart TVs, enabling users to control playback, search for content, and navigate menus with simple voice requests. The user experience is further improved by the use of AI-based capabilities for personalization and content recommendations. Smart TVs are becoming more and more essential to contemporary home entertainment as technology develops, drawing in more clients.

Integration with Smart Home Devices

One of the main factors propelling the smart TV market in the United States is integration with smart home devices. Users can now control their TV and other devices with voice commands or centralized apps thanks to the growing compatibility of modern smart TVs with home automation systems like Google Assistant, Amazon Alexa, and smart lighting. The TV is becoming a vital component of the larger Internet of Things (IoT) ecosystem thanks to this integration, which also improves the TV's usefulness and ease.

Challenges in the United States Smart TV Market

Internet and Bandwidth Limitations

In areas with less-than-ideal internet access, this problem restricts the usefulness of smart TVs. Customers might be less likely to spend money on expensive smart TVs that promise better viewing experiences as a result, which could impede the market's overall acceptance and expansion.

User Experience and Complexity

Many consumers, especially those who are less tech-savvy, still find smart TV interfaces complicated or challenging to use, even with major developments in the technology. Those who are not familiar with digital gadgets may find it difficult to use voice control functions, change settings, or navigate between streaming services. The widespread adoption of smart TVs is hampered by this complexity, which restricts acceptance among older folks or less tech-inclined consumers.

Company Analysis: Overviews, Recent Developments, Revenues

  • Panasonic Corporation
  • Sony Corporation
  • Samsung Electronics Co. Ltd
  • Sharp Corporation
  • VIZIO Inc
  • Koninklijke Philips NV
  • Hitachi Ltd

Key Attributes:

Report Attribute Details
No. of Pages 290
Forecast Period 2024 - 2033
Estimated Market Value (USD) in 2024 $54.95 Billion
Forecasted Market Value (USD) by 2033 $134.97 Billion
Compound Annual Growth Rate 10.5%
Regions Covered United States

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics

4.1 Growth Drivers

4.2 Challenges

5. United States Smart TV Market

6. Market Share

6.1 By Resolution Type

6.2 By Screen Size

6.3 By Type

6.4 By Technology

6.5 By Operating System

6.6 By Application

6.7 By States

7. Resolution Type

7.1 HD TV

7.2 FULL HD TV

7.3 4K UHD TV

7.4 8K TV

7.5 Others

8. Screen Size

8.1 Below 32 inches

8.2 32 to 45 inches

8.3 46 to 55 inches

8.4 56 to 65 inches

8.5 Above 65 inches

9. Type

9.1 Flat

9.2 Curved

10. Technology

10.1 OLED

10.2 QLED

10.3 LED

10.4 Plasma

10.5 Others

11. Operating System

11.1 Android

11.2 Tizen O.S.

11.3 WebOS

11.4 Roku

11.5 Firefox

11.6 CastOS

11.7 Fire TV

11.8 Others

12. Application

12.1 Residential

12.2 Commercial

13. States

13.1 California

13.2 Texas

13.3 New York

13.4 Florida

13.5 Illinois

13.6 Pennsylvania

13.7 Ohio

13.8 Georgia

13.9 New Jersey

13.10 Washington

13.11 North Carolina

13.12 Massachusetts

13.13 Virginia

13.14 Michigan

13.15 Maryland

13.16 Colorado

13.17 Tennessee

13.18 Indiana

13.19 Arizona

13.20 Minnesota

13.21 Wisconsin

13.22 Missouri

13.23 Connecticut

13.24 South Carolina

13.25 Oregon

13.26 Louisiana

13.27 Alabama

13.28 Kentucky

13.29 Rest of United States

14. Porter's Five Forces

15. SWOT Analysis

16. Company Analysis

For more information about this report visit https://www.researchandmarkets.com/r/ykyceo

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MillValley.com & California Media Partners, LLC. All rights reserved.