Increased Spending on Electronics Will Lead to Higher Revenues in the Global Smart TV Market through 2019

Reportstack has announced a new market research report on the Global Smart TV Market, which is expected to post a CAGR of 20.37 percent from 2014-2019, as consumers are spending more than ever on electronics.

About the Report

The new report draws attention towards economic growth in developing countries that has improved the financial status of a significant portion of the population. This has resulted in higher consumer purchasing power, which has contributed to increased spending on consumer electronic goods.

“The increased number of technologically advanced devices available in the market is expected to trigger the demand for devices that offer multifunctional capabilities to consumers,”.

Furthermore, the report emphasizes the increased adoption of smart TVs in advertising. The growing popularity of smart TVs and 3D TVs has encouraged advertising agencies to display their advertisements on these smart devices. This kind of targeted advertising helps companies increase their customer bases.

“With the help of smart TVs, advertisers can grab the attention of viewers by posting attractive advertisements like multi-screen, and interactive advertisements.”

To access full report with TOC, please visit Global Smart TV Market 2015-2019.

Key Information Covered in the Report:

Market segmentation, size and forecast through 2019

Market Growth Drivers:

Increased Spending on Consumer Electronic Goods
For a full detailed list, view our report.

Market Challenges:

High Cost of Smart TVs
For a full detailed list, view our report.

Market Trends:

Increase in Adoption of Smart TVs in Advertising
For a full detailed list, view our report.

Key Vendors:

LG Electronics Inc.
Panasonic Corp.
Samsung Electronics Co. Ltd.
Sony Corp.

Other Prominent Vendors:

Apple
Haier Consumer Electronics Group
Intel
Koninklijke Philips