Global Smart TV Market Growth 2023-2029

Smart TV is a natural development of the increasing convergence and expansion of multimedia delivery. Smart TVs allow users to customize their TV entertainment experience by using apps that are very similar to the apps people use on their mobile phones. Before shopping for a Smart TV, buyers should know what constitutes the classification of a Smart TV and what supplemental products they will need to operate it. Network connectivity and usage become an issue with Smart TVs, so buyers should learn how they can hook up their Smart TV before purchasing one. Having the added features of a Smart TV can impact what type of remote control an owner can use, so buyers can implement a number of tips to control their Smart TV. Additionally, Smart TVs can work with PCs and notebooks to expand their usability.

LPI (LP Information)' newest research report, the “Smart TV Industry Forecast” looks at past sales and reviews total world Smart TV sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart TV sales for 2023 through 2029. With Smart TV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart TV industry.

This Insight Report provides a comprehensive analysis of the global Smart TV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart TV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart TV market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart TV and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart TV.

The global Smart TV market size is projected to grow from US$ 111200 million in 2022 to US$ 126570 million in 2029; it is expected to grow at a CAGR of 126570 from 2023 to 2029.

Asia-Pacific is estimated to have a major share in the global market with 40%.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart TV market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    32 inch
    40 inch
    42 inch
    55 inch
    ≥60 inch

Segmentation by application
    Family
    Public

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Samsung Electronics
    LG Electronics
    TCL
    Hisense
    Sony
    Skyworth
    Foxconn (Sharp)
    Xiaomi
    Vizio
    Haier
    Panasonic
    Chonghong
    Konka
    TOSHIBA

Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart TV market?
What factors are driving Smart TV market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart TV market opportunities vary by end market size?
How does Smart TV break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Smart TV Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Smart TV Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of 32 inch
    Table 4. Major Players of 40 inch
    Table 5. Major Players of 42 inch
    Table 6. Major Players of 55 inch
    Table 7. Major Players of ≥60 inch
    Table 8. Global Smart TV Sales by Type (2018-2023) & (K Units)
    Table 9. Global Smart TV Sales Market Share by Type (2018-2023)
    Table 10. Global Smart TV Revenue by Type (2018-2023) & ($ million)
    Table 11. Global Smart TV Revenue Market Share by Type (2018-2023)
    Table 12. Global Smart TV Sale Price by Type (2018-2023) & (USD/Unit)
    Table 13. Global Smart TV Sales by Application (2018-2023) & (K Units)
    Table 14. Global Smart TV Sales Market Share by Application (2018-2023)
    Table 15. Global Smart TV Revenue by Application (2018-2023)
    Table 16. Global Smart TV Revenue Market Share by Application (2018-2023)
    Table 17. Global Smart TV Sale Price by Application (2018-2023) & (USD/Unit)
    Table 18. Global Smart TV Sales by Company (2018-2023) & (K Units)
    Table 19. Global Smart TV Sales Market Share by Company (2018-2023)
    Table 20. Global Smart TV Revenue by Company (2018-2023) ($ Millions)
    Table 21. Global Smart TV Revenue Market Share by Company (2018-2023)
    Table 22. Global Smart TV Sale Price by Company (2018-2023) & (USD/Unit)
    Table 23. Key Manufacturers Smart TV Producing Area Distribution and Sales Area
    Table 24. Players Smart TV Products Offered
    Table 25. Smart TV Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 26. New Products and Potential Entrants
    Table 27. Mergers & Acquisitions, Expansion
    Table 28. Global Smart TV Sales by Geographic Region (2018-2023) & (K Units)
    Table 29. Global Smart TV Sales Market Share Geographic Region (2018-2023)
    Table 30. Global Smart TV Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 31. Global Smart TV Revenue Market Share by Geographic Region (2018-2023)
    Table 32. Global Smart TV Sales by Country/Region (2018-2023) & (K Units)
    Table 33. Global Smart TV Sales Market Share by Country/Region (2018-2023)
    Table 34. Global Smart TV Revenue by Country/Region (2018-2023) & ($ millions)
    Table 35. Global Smart TV Revenue Market Share by Country/Region (2018-2023)
    Table 36. Americas Smart TV Sales by Country (2018-2023) & (K Units)
    Table 37. Americas Smart TV Sales Market Share by Country (2018-2023)
    Table 38. Americas Smart TV Revenue by Country (2018-2023) & ($ Millions)
    Table 39. Americas Smart TV Revenue Market Share by Country (2018-2023)
    Table 40. Americas Smart TV Sales by Type (2018-2023) & (K Units)
    Table 41. Americas Smart TV Sales by Application (2018-2023) & (K Units)
    Table 42. APAC Smart TV Sales by Region (2018-2023) & (K Units)
    Table 43. APAC Smart TV Sales Market Share by Region (2018-2023)
    Table 44. APAC Smart TV Revenue by Region (2018-2023) & ($ Millions)
    Table 45. APAC Smart TV Revenue Market Share by Region (2018-2023)
    Table 46. APAC Smart TV Sales by Type (2018-2023) & (K Units)
    Table 47. APAC Smart TV Sales by Application (2018-2023) & (K Units)
    Table 48. Europe Smart TV Sales by Country (2018-2023) & (K Units)
    Table 49. Europe Smart TV Sales Market Share by Country (2018-2023)
    Table 50. Europe Smart TV Revenue by Country (2018-2023) & ($ Millions)
    Table 51. Europe Smart TV Revenue Market Share by Country (2018-2023)
    Table 52. Europe Smart TV Sales by Type (2018-2023) & (K Units)
    Table 53. Europe Smart TV Sales by Application (2018-2023) & (K Units)
    Table 54. Middle East & Africa Smart TV Sales by Country (2018-2023) & (K Units)
    Table 55. Middle East & Africa Smart TV Sales Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Smart TV Revenue by Country (2018-2023) & ($ Millions)
    Table 57. Middle East & Africa Smart TV Revenue Market Share by Country (2018-2023)
    Table 58. Middle East & Africa Smart TV Sales by Type (2018-2023) & (K Units)
    Table 59. Middle East & Africa Smart TV Sales by Application (2018-2023) & (K Units)
    Table 60. Key Market Drivers & Growth Opportunities of Smart TV
    Table 61. Key Market Challenges & Risks of Smart TV
    Table 62. Key Industry Trends of Smart TV
    Table 63. Smart TV Raw Material
    Table 64. Key Suppliers of Raw Materials
    Table 65. Smart TV Distributors List
    Table 66. Smart TV Customer List
    Table 67. Global Smart TV Sales Forecast by Region (2024-2029) & (K Units)
    Table 68. Global Smart TV Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 69. Americas Smart TV Sales Forecast by Country (2024-2029) & (K Units)
    Table 70. Americas Smart TV Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 71. APAC Smart TV Sales Forecast by Region (2024-2029) & (K Units)
    Table 72. APAC Smart TV Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 73. Europe Smart TV Sales Forecast by Country (2024-2029) & (K Units)
    Table 74. Europe Smart TV Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Middle East & Africa Smart TV Sales Forecast by Country (2024-2029) & (K Units)
    Table 76. Middle East & Africa Smart TV Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 77. Global Smart TV Sales Forecast by Type (2024-2029) & (K Units)
    Table 78. Global Smart TV Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 79. Global Smart TV Sales Forecast by Application (2024-2029) & (K Units)
    Table 80. Global Smart TV Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 81. Samsung Electronics Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 82. Samsung Electronics Smart TV Product Portfolios and Specifications
    Table 83. Samsung Electronics Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 84. Samsung Electronics Main Business
    Table 85. Samsung Electronics Latest Developments
    Table 86. LG Electronics Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 87. LG Electronics Smart TV Product Portfolios and Specifications
    Table 88. LG Electronics Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 89. LG Electronics Main Business
    Table 90. LG Electronics Latest Developments
    Table 91. TCL Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 92. TCL Smart TV Product Portfolios and Specifications
    Table 93. TCL Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 94. TCL Main Business
    Table 95. TCL Latest Developments
    Table 96. Hisense Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 97. Hisense Smart TV Product Portfolios and Specifications
    Table 98. Hisense Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 99. Hisense Main Business
    Table 100. Hisense Latest Developments
    Table 101. Sony Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 102. Sony Smart TV Product Portfolios and Specifications
    Table 103. Sony Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 104. Sony Main Business
    Table 105. Sony Latest Developments
    Table 106. Skyworth Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 107. Skyworth Smart TV Product Portfolios and Specifications
    Table 108. Skyworth Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 109. Skyworth Main Business
    Table 110. Skyworth Latest Developments
    Table 111. Foxconn (Sharp) Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 112. Foxconn (Sharp) Smart TV Product Portfolios and Specifications
    Table 113. Foxconn (Sharp) Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 114. Foxconn (Sharp) Main Business
    Table 115. Foxconn (Sharp) Latest Developments
    Table 116. Xiaomi Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 117. Xiaomi Smart TV Product Portfolios and Specifications
    Table 118. Xiaomi Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 119. Xiaomi Main Business
    Table 120. Xiaomi Latest Developments
    Table 121. Vizio Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 122. Vizio Smart TV Product Portfolios and Specifications
    Table 123. Vizio Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 124. Vizio Main Business
    Table 125. Vizio Latest Developments
    Table 126. Haier Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 127. Haier Smart TV Product Portfolios and Specifications
    Table 128. Haier Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 129. Haier Main Business
    Table 130. Haier Latest Developments
    Table 131. Panasonic Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 132. Panasonic Smart TV Product Portfolios and Specifications
    Table 133. Panasonic Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 134. Panasonic Main Business
    Table 135. Panasonic Latest Developments
    Table 136. Chonghong Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 137. Chonghong Smart TV Product Portfolios and Specifications
    Table 138. Chonghong Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 139. Chonghong Main Business
    Table 140. Chonghong Latest Developments
    Table 141. Konka Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 142. Konka Smart TV Product Portfolios and Specifications
    Table 143. Konka Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 144. Konka Main Business
    Table 145. Konka Latest Developments
    Table 146. TOSHIBA Basic Information, Smart TV Manufacturing Base, Sales Area and Its Competitors
    Table 147. TOSHIBA Smart TV Product Portfolios and Specifications
    Table 148. TOSHIBA Smart TV Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 149. TOSHIBA Main Business
    Table 150. TOSHIBA Latest Developments
List of Figures
    Figure 1. Picture of Smart TV
    Figure 2. Smart TV Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Smart TV Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Smart TV Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Smart TV Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of 32 inch
    Figure 10. Product Picture of 40 inch
    Figure 11. Product Picture of 42 inch
    Figure 12. Product Picture of 55 inch
    Figure 13. Product Picture of ≥60 inch
    Figure 14. Global Smart TV Sales Market Share by Type in 2022
    Figure 15. Global Smart TV Revenue Market Share by Type (2018-2023)
    Figure 16. Smart TV Consumed in Family
    Figure 17. Global Smart TV Market: Family (2018-2023) & (K Units)
    Figure 18. Smart TV Consumed in Public
    Figure 19. Global Smart TV Market: Public (2018-2023) & (K Units)
    Figure 20. Global Smart TV Sales Market Share by Application (2022)
    Figure 21. Global Smart TV Revenue Market Share by Application in 2022
    Figure 22. Smart TV Sales Market by Company in 2022 (K Units)
    Figure 23. Global Smart TV Sales Market Share by Company in 2022
    Figure 24. Smart TV Revenue Market by Company in 2022 ($ Million)
    Figure 25. Global Smart TV Revenue Market Share by Company in 2022
    Figure 26. Global Smart TV Sales Market Share by Geographic Region (2018-2023)
    Figure 27. Global Smart TV Revenue Market Share by Geographic Region in 2022
    Figure 28. Americas Smart TV Sales 2018-2023 (K Units)
    Figure 29. Americas Smart TV Revenue 2018-2023 ($ Millions)
    Figure 30. APAC Smart TV Sales 2018-2023 (K Units)
    Figure 31. APAC Smart TV Revenue 2018-2023 ($ Millions)
    Figure 32. Europe Smart TV Sales 2018-2023 (K Units)
    Figure 33. Europe Smart TV Revenue 2018-2023 ($ Millions)
    Figure 34. Middle East & Africa Smart TV Sales 2018-2023 (K Units)
    Figure 35. Middle East & Africa Smart TV Revenue 2018-2023 ($ Millions)
    Figure 36. Americas Smart TV Sales Market Share by Country in 2022
    Figure 37. Americas Smart TV Revenue Market Share by Country in 2022
    Figure 38. Americas Smart TV Sales Market Share by Type (2018-2023)
    Figure 39. Americas Smart TV Sales Market Share by Application (2018-2023)
    Figure 40. United States Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 41. Canada Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Mexico Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 43. Brazil Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 44. APAC Smart TV Sales Market Share by Region in 2022
    Figure 45. APAC Smart TV Revenue Market Share by Regions in 2022
    Figure 46. APAC Smart TV Sales Market Share by Type (2018-2023)
    Figure 47. APAC Smart TV Sales Market Share by Application (2018-2023)
    Figure 48. China Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 49. Japan Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 50. South Korea Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 51. Southeast Asia Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 52. India Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Australia Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 54. China Taiwan Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 55. Europe Smart TV Sales Market Share by Country in 2022
    Figure 56. Europe Smart TV Revenue Market Share by Country in 2022
    Figure 57. Europe Smart TV Sales Market Share by Type (2018-2023)
    Figure 58. Europe Smart TV Sales Market Share by Application (2018-2023)
    Figure 59. Germany Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 60. France Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 61. UK Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 62. Italy Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Russia Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 64. Middle East & Africa Smart TV Sales Market Share by Country in 2022
    Figure 65. Middle East & Africa Smart TV Revenue Market Share by Country in 2022
    Figure 66. Middle East & Africa Smart TV Sales Market Share by Type (2018-2023)
    Figure 67. Middle East & Africa Smart TV Sales Market Share by Application (2018-2023)
    Figure 68. Egypt Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 69. South Africa Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Israel Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Turkey Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 72. GCC Country Smart TV Revenue Growth 2018-2023 ($ Millions)
    Figure 73. Manufacturing Cost Structure Analysis of Smart TV in 2022
    Figure 74. Manufacturing Process Analysis of Smart TV
    Figure 75. Industry Chain Structure of Smart TV
    Figure 76. Channels of Distribution
    Figure 77. Global Smart TV Sales Market Forecast by Region (2024-2029)
    Figure 78. Global Smart TV Revenue Market Share Forecast by Region (2024-2029)
    Figure 79. Global Smart TV Sales Market Share Forecast by Type (2024-2029)
    Figure 80. Global Smart TV Revenue Market Share Forecast by Type (2024-2029)
    Figure 81. Global Smart TV Sales Market Share Forecast by Application (2024-2029)
    Figure 82. Global Smart TV Revenue Market Share Forecast by Application (2024-2029)

Samsung Electronics
LG Electronics
TCL
Hisense
Sony
Skyworth
Foxconn (Sharp)
Xiaomi
Vizio
Haier
Panasonic
Chonghong
Konka
TOSHIBA

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape