Today: June 25, 2016, 8:56 am
  
Finance

Global smart TV market: 18% CAGR growth forecast between 2012-2016

companiesandmarkets.com
companiesandmarkets.com
Global Smart TV Market 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-29 03:53:02
The Global Smart TV market is to grow at a CAGR of 18.2 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased spending on consumer electronic goods. The Global Smart TV market has also been witnessing an increasing number of partnerships among the value chain entities. However, the high cost of smart TVs could pose a challenge to the growth of this market.

The emergence of smart TV has led to the increasing number of collaborations between smart TV vendors and pay TV operators. These partnerships are proving to be mutually beneficial for both parties. Samsung and Microsoft Corp. have the highest number of collaborations worldwide; these two companies accounted for more than two-thirds of the total number of partnerships for smart TVs worldwide. In terms of geography, Europe has the largest number of such partnerships. As the market penetration for smart TVs increases, this trend is expected to drive the growth of the Global Smart TV market in the future years.

One of the major drivers in this market is the increased spending on consumer electronic goods by consumers. The increased spending by consumers on consumer electronic goods will tend to increase the growth prospects of the market.

One of the key challenges in this market is the high cost of smart TVs. The high cost of smart TVs acts as a hindrance to its adoption among price-conscious consumers. Hence, the adoption of smart TVs is restricted to the affluent class of consumers, which form a very small part of the target market.

The key vendors dominating this space include LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., and Sony Corp. The other vendors mentioned in the report are Apple Inc., Boxee Inc., Haier Group, Onida Electronics Pvt Ltd., Koninklijke Philips N.V., Toshiba Corp., and Videocon Industries Ltd.

Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 513 Words
Related Articles
 
More From Finance
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]
The Robinhood of Wall Street: No Fee [..]
The securities and exchange industry has always been known to charge high. Today your average broker has come down drastically [..]
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.