Press Releases

Connected Living Room Market is Anticipated to Grow US$ 78.8 Bn By 2030

Share This Article

The worldwide Connected Living Room market measurement is anticipated to achieve USD 78.8 billion by 2030 and is anticipated to increase at a CAGR of 9.6% from 2022 to 2030

Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38730

Growth Factors

 The increasing adoption of smart TVs and smart speakers is expected to drive the growth. The smart TVs have evolved drastically in recent years with increased connectivity and accessibility to various applications and platforms. The wireless connectivity has enlarged the televisions compatibility with a large number of complimentary devices such as smartphones and tablet PCs. This has further helped integrate various other devices with the large screen comfort of a smart TV.

The growing trend of streaming live videos over social media and other platforms is underlining the importance of connected devices and making it evidently necessary for the masses to get acquainted with these devices. These factors are expected to continue propelling the growth of the market over the forecast period.

Report Coverage

Report Scope Details
Market Size USD 78.8 billion by 2030
Growth Rate CAGR of 9.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Device type, application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Samsung Corporation; Netflix Inc.; Google Inc.; Apple Inc.

By Device Type Analysis

The U.S. smart TVs segment is anticipated to reach USD 10.26 billion by 2030, expanding at a CAGR of 8.5% over the forecast period. Smart connected TVs can serve as lean-back media as well as lean-forward media, as they can offer the option of distance viewing while also providing the user with other active features that were previously available only on laptops and personal computers.

Smart speakers is yet another segment with good growth potential during the forecast period, owing to large players such as Amazon entering the market. The extensive research and development over the years has redefined regular speakers with wireless connectivity, voice recognition, artificial intelligence and so on, which integrates the entire spectrum of devices connected through voice commands.

By Application Insights Analysis

The video streaming segment is expected to expand at a CAGR of 10.6% from 2021 to 2030 as consumers continue to subscribe to video-on-demand services. Providers of video-on-demand services, such as Netflix, have introduced affordable subscription options as part of the efforts to expand their subscriber base by tapping new customers in the developing countries.

The audio streaming segment also holds promising growth potential. Rising adoption of smart speakers is particularly contributing to the rising popularity of audio streaming services.

By Regional Analysis

Asia Pacific led the market in 2020 and is projected to continue the dominance over the forecast period, expanding at a CAGR of 9.05%. Some of the countries in the region, such as China and Taiwan, have established themselves as electronics manufacturing hubs. Some of the largest developing countries, such as India and China, are also located in Asia Pacific.

Asia Pacific is home to a large youth population that is highly prompt in adopting the latest technologies. At the same time, the continued industrialization and the rising levels of disposable income in the region have triggered the demand for consumer electronics.  

Key Players

 LG Electronics, Panasonic Corporation, and Hitachi Ltd. among othersSamsung Corporation; Netflix Inc.; Google Inc.; and Apple Inc.;

Market Segmentation

  • By Device Type
    • Smart TVs
    • Gaming Consoles
    • PC/Laptop
    • Smart Speakers
    • Smartphones
    • Tablets
  • By Application
    • Video Streaming
    • Audio Streaming
    • Gaming
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • U.K.
    • Asia Pacific
      • China
      • Japan
      • India
    • Latin America
      • Brazil
      • Mexico
    • MEA

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38730

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Connected Living Room Market, By Device Type

7.1.  Connected Living Room Market, by Device Type, 2021-2030

7.1.1.    Smart TVs

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Gaming Consoles

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    PC/Laptop

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Smart Speakers

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Smartphones

7.1.5.1.        Market Revenue and Forecast (2017-2030)

7.1.6.    Tablets

7.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Connected Living Room Market, By Application

8.1.  Connected Living Room Market, by Application, 2021-2030

8.1.1.    Video Streaming

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Audio Streaming

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Gaming

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Connected Living Room Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Device Type (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Device Type (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Device Type (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Device Type (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Device Type (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Device Type (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              LG Electronics

10.1.1.  Company Overview

10.1.2.  Device Type Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Panasonic Corporation

10.2.1.  Company Overview

10.2.2.  Device Type Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Hitachi Ltd

10.3.1.  Company Overview

10.3.2.  Device Type Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Samsung Corporation

10.4.1.  Company Overview

10.4.2.  Device Type Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Netflix Inc

10.5.1.  Company Overview

10.5.2.  Device Type Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Google Inc

10.6.1.  Company Overview

10.6.2.  Device Type Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Apple Inc

10.7.1.  Company Overview

10.7.2.  Device Type Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38730

Contact Us:

Vision Research Reports

Call: +1 9197 992 333

Email: sales@visionresearchreports.com

Show More

Related Articles

Back to top button