Smart TV Market is estimated to grow with a significant CAGR OF 19.80% during the forecast period
Smart TV Market size was valued at USD 254.9 Million in 2020 and expected to expand to USD 1528.55 Million at a compound annual growth rate (CAGR) of 19.80%. In comparison to traditional televisions, smart TVs come with more advanced functions and applications. Leading players are working on establishing their own operating systems to deal with the severe rivalry from various streaming device suppliers, such as Apple and Roku. For example, Samsung Electronics Co. Ltd.'s Tizen and LG Electronics' WebOS allow users to download apps from the store while also allowing them to access online streaming apps. The latest TV models come with speech recognition features that allow viewers to change channels without having to click any buttons on the remote. The report " Smart TV Market By Resolution ( 4K UHD TV, HDTV, Full HD TV, and 8K TV), By Screen Size (Below 32 inches, 32 to 45 inches, 46 to 55 inches, 56 to 65 inches, and Above 65 inches), By Screen Type ( Fla...