Connected Living Room Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-3572 | Report Format : | Status : Upcoming |


Global Connected Living Room Market: Overview

Growing preferences for customer entertainment are slated to contribute remarkably towards the connected living room market trends over the ensuing years. TV systems, set top boxes, home theater systems, multimedia devices, computers, gaming consoles, and smartphones are the primary electronic goods that are present in a living room. Connected living room integrates these devices together for better and efficient performance as well as enhances their operational efficiencies. Escalating innovative display equipment, advanced platforms development for information sharing & entertainment, and rising demand digitization trends are few of the major factors that are anticipated to steer up the connected living room market size.

Global Connected Living Room Market: Growth Factors

User interactive features integration into home infotainment devices in recent years is expected to boost the connected living room market growth over the next few years. Increase in popularity of content streaming, software technologies, and network integration are the major factors that are expected to generate a greater scope for connected living room market over the estimated span.

Significant breakthroughs witnessed across the wireless and wired connectivity technologies are further predicted to lucratively leverage the business space. Escalating demand for electronic items including home theater systems, digital video recorder, and set-top boxes owing to its ability to offer better entertainment, personalized services, and communication opportunities are predicted to supplement connected living room market growth over the forecast timeline. Growing demand for smart equipment such as smart televisions with an ability to perform manifold functionalities is forecast to spur connected living room market trends.

Change in consumer purchasing behavior favoring natural interface, high functionality, and low maintenance are key factors expected to play a significant role in influence the market growth in the near future. The increase in demand for better quality digital entertainment devices coupled with declining product costs in the connected living room market is foreseen to account remarkably towards connected living room market earnings over the years ahead.

Compatibility issues are the major restraining factor for this market and are project to impact the business adversely over the estimated timespan. Rise in the deployment costs and low awareness level about the new concept in the developing regions are anticipated to hamper market progress. Nevertheless, massive penetration of new technologies into previously untapped markets is expected to offer numerous growth avenues for the market players. This in turn will minimize the hindrances on the connected living room market growth significantly.

Global Connected Living Room Market: Segmentation

The global connected living room market can be divided based on products and technology. Product wise, the market is sectored into home theater, Smart/3D, LED/OLED/LCD TV, set-top box, gaming console, and Blu-ray. Based on the technology, the connected living room market is divided into CLR technology, processors, sensors, chipsets for wireless connectivity, memory Ic, and LED driver Ic.

Global Connected Living Room Market: Regional Analysis

Based on regions, the global connected living room market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Developed regions such as North America dominated the global market owing to technology advancements and novel product launches. These areas are expected to show positive growth over the forecast period. Developing regions such as Asia Pacific and Central & South America are projected to experience rapid growth in the industry owing to several key factors.

Emerging economies including India and China are estimated to witness positive growth due to rapid urbanization, increase in living standards, and rise in disposable income over the coming years. Product innovation strategies implemented by the firms to product superior products are foreseen to further enhance the regional and overall market growth in near future. The developed regions are expected to provide lucrative opportunities for the industry participants to explore its untapped market growth potential.

Global Connected Living Room Market: Competitive Players

The key market players of the global connected living room market include Pioneer Corporation, LG Electronics Inc., Nintendo Co. Ltd., Comcast Corporation, Sony Corporation, BenQ Corporation, and Samsung Electronics Co. Ltd.

Global Connected Living Room Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Hazardous Area Sensors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3610 | Report Format:

Global Hazardous Area Sensors Market: Overview The operation of electrical gear in dangerous or hazardous areas has been a significant issue since the beginning of the twentieth century. Due to the need to achieve precision and security in unstable zones and the implementation of governmental ru...Read More

Wireless Charging ICs Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3606 | Report Format:

Global Wireless Charging ICs Market: Overview Wireless charging technology comprises transmission of power to electrical devices, through an air gap for energy transfer. Wireless technology helps in the elimination of using physical cables and connectors. This technology provides reliable and sa...Read More

Commercial Satellite Imaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3579 | Report Format:

Global Commercial Satellite Imaging Market: Overview Satellite imagery is termed as the earth pictures or pictures of other planets taken by imaging satellites carrying their operations under the regulation and auspices of various governments and private businesses across the globe. Satellite im...Read More

Tunnel Automation Market by Component (Hardware, Software, and Services), by Tunnel Type (Railway Tunnel, Roadway Tunnel, and Others (Underwater Tunnel)), and by System (HVAC, Lighting & Power Supply Signalization, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024

Nov-2018 | Price : $ 4899.00 | Pages: 155 | Report Code: ZMR-3577 | Report Format:

The report covers a forecast and an analysis for the tunnel automation market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers, challenges, and restraints for the ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.