Swelled Disposable Income of the Consumers and Rising Demand for Internet Connected Devices to Drive the Growth of Smart TV Accessories Market in Future, According to Research Nester

October 24 14:09 2017

Smart TV Accessories Market By Research Nester
The global smart TV accessories market is segmented into end-use industry which includes household, commercial/offices and educational sector. Among these segments, household segment is expected witness significant growth during the forecast period. Rising disposable income of the consumers and increasing number of internet users coupled with increasing demand for connected devices are likely to be the dynamic factors behind the growth of household segment during the forecast period.

Global smart TV accessories market is expected to register a significant CAGR over the forecast period. Moreover, the global smart TV accessories market is expected to reach at notable revenue by the end of 2021. Better compatibility of smart TVs with accessories such as keyboards, game consoles, 3D glasses and speakers and more is a key factor which is fueling the demand for accessories. Further, features of smart TVs such as 3D video enabled, internet connected, gaming and others are also escalating the growth of smart TV accessories market.

The speakers and gaming devices segments by application are likely to grow at remarkable pace during the forecast period. Factors such as high demand for gaming console and rapid introduction of advanced audio devices such as wireless audio devices, Bluetooth audio devices and others are likely to fuel the growth of this segment during the forecast period.   

Increased consumer interest in smart devices

Rising penetration of smart devices such as smart watch, smart bands, smart TVs and others is a major factor which is fuelling the demand for smart device accessories. Further, increased consumer’s affordability and high spending on advanced technologies are anticipated to drive the growth of this segment during the forecast period.

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Rising demand for game consoles

High demand for game consoles by consumers aged between 15-35 years is a major factor which is likely to bolster the growth of this segment during the forecast period. Increasing launches of new games and youth inclination towards game consoles are likely to be the dynamic factors behind the growth of global smart TV accessories market.

However, low adoption rate of smart TVs in underdeveloped economies and growing adoption of smart phones over smart TVs are major challenges which are likely to hinder the growth of global smart TV accessories market

The report titled “Smart TV Accessories Market: Global Demand Analysis & Opportunity Outlook 2021” delivers detailed overview of the global smart TV accessories market in terms of market segmentation by accessories, by end-use industry by technology and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global smart TV accessories market which includes company profiling of Apple Inc., Advanced Micro Devices, Inc. (AMD), Boxee Inc., Cable Labs, Vizio, Haier Group, Panasonic, Intel Corporation, LG Electronics Inc, and Logitech International S.A. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global smart TV accessories market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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