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Smart TV Sticks Market Forecast Report 2022: USD 555.88 Million Market Growth Opportunity by 2026|Technavio


NEW YORK, June 17, 2022 /PRNewswire/ — The smart TV sticks market share is expected to increase by USD 555.88 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.6% as per the latest market report by Technavio. The growing penetration of the internet is the key driver supporting the smart TV sticks market growth. For instance, in 2020, India had over 749 million internet users across the country. This figure was projected to grow to over 1.5 billion users by 2040, indicating a big market potential in internet services for the South Asian country. Significantly, the 4G and 5G technologies are increasingly becoming low-cost. This is eventually reducing the costs of the service providers and is driving worldwide internet penetration. Thus, the growth of internet penetration is increasing the consumption of digital content. This, in turn, can increase the growth of the global smart TV stick market during the forecast period.


Technavio has announced its latest market research report titled Smart TV Sticks Market by Type and Geography - Forecast and Analysis 2022-2026

To know about more drivers along with the market challenges – Request a sample report 

Smart TV Sticks Market 2022-2026: Scope

 The smart tv sticks market report covers the following areas:

Smart TV Sticks Market 2022-2026: Segmentation Analysis

  • Type
    • Non-4K
    • 4K And Above
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Smart TV Sticks Market 2022-2026: Vendor Analysis

The smart TV sticks market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Actions Microelectronics Co. Ltd., Advanced Level Technologies Co. Ltd., Alphabet Inc., Amazon.com Inc., Apple Inc., ASUSTeK Computer Inc., BBK Education Electronics Co. Ltd., Bharti Airtel Ltd., CloudWalker Streaming Technologies Pvt. Ltd., Geniatech Inc., NVIDIA Corp., Roku Inc., Shenzhen Dadocer Technology Co. Ltd., Shenzhen Jieke Electronics Co. Ltd., Shenzhen Rikomagic Tech Corp. Ltd., Shenzhen Tomato Technology Co. Ltd., Sky Group Ltd., Topleo Technology Ltd., and Xiaomi Corp. are among some of the major market participants.

  • Alphabet Inc. – The company offers smart TV sticks through its subsidiary, Google LLC.
  • To know about all major vendor offerings –Click Now!

Get ready to achieve excellent business outcomes from this exclusive Smart TV Sticks Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?|
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Smart TV Sticks Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Smart TV Sticks Market Forecast Report – Buy Now!

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Smart TV Sticks Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.6%

Market growth 2022-2026

USD 555.88 million

Market structure

Fragmented

YoY growth (%)

7.27

Performing market contribution

North America at 41%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Actions Microelectronics Co. Ltd. , Advanced Level Technologies Co. Ltd., Alphabet Inc., Amazon.com Inc., Apple Inc., ASUSTeK Computer Inc., BBK Education Electronics Co. Ltd. , Bharti Airtel Ltd., CloudWalker Streaming Technologies Pvt. Ltd., Geniatech Inc., NVIDIA Corp., Roku Inc., Shenzhen Dadocer Technology Co. Ltd., Shenzhen Jieke Electronics Co. Ltd., Shenzhen Rikomagic Tech Corp. Ltd., Shenzhen Tomato Technology Co. Ltd., Sky Group Ltd., Topleo Technology Ltd., and Xiaomi Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Non-4K – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Non-4K – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Non-4K – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Non-4K – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Non-4K – Year-over-year growth 2021-2026 (%)
  • 5.4 4K and above – Market size and forecast 2021-2026
    • Exhibit 32: Chart on 4K and above – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on 4K and above – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on 4K and above – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on 4K and above – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026
    • Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 Germany – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.11 UK – Market size and forecast 2021-2026
    • Exhibit 74: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.12 Japan – Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Actions Microelectronics Co. Ltd.
    • Exhibit 89: Actions Microelectronics Co. Ltd. – Overview
    • Exhibit 90: Actions Microelectronics Co. Ltd. – Product / Service
    • Exhibit 91: Actions Microelectronics Co. Ltd. – Key offerings
  • 10.4 Alphabet Inc.
    • Exhibit 92: Alphabet Inc. – Overview
    • Exhibit 93: Alphabet Inc. – Business segments
    • Exhibit 94: Alphabet Inc. – Key news
    • Exhibit 95: Alphabet Inc. – Key offerings
    • Exhibit 96: Alphabet Inc. – Segment focus
  • 10.5 Amazon.com Inc.
    • Exhibit 97: Amazon.com Inc. – Overview
    • Exhibit 98: Amazon.com Inc. – Business segments
    • Exhibit 99: Amazon.com Inc. – Key news
    • Exhibit 100: Amazon.com Inc. – Key offerings
    • Exhibit 101: Amazon.com Inc. – Segment focus
  • 10.6 Apple Inc.
    • Exhibit 102: Apple Inc. – Overview
    • Exhibit 103: Apple Inc. – Business segments
    • Exhibit 104: Apple Inc. – Key news
    • Exhibit 105: Apple Inc. – Key offerings
    • Exhibit 106: Apple Inc. – Segment focus
  • 10.7 CloudWalker Streaming Technologies Pvt. Ltd.
    • Exhibit 107: CloudWalker Streaming Technologies Pvt. Ltd. – Overview
    • Exhibit 108: CloudWalker Streaming Technologies Pvt. Ltd. – Product / Service
    • Exhibit 109: CloudWalker Streaming Technologies Pvt. Ltd. – Key offerings
  • 10.8 NVIDIA Corp.
    • Exhibit 110: NVIDIA Corp. – Overview
    • Exhibit 111: NVIDIA Corp. – Business segments
    • Exhibit 112: NVIDIA Corp. – Key news
    • Exhibit 113: NVIDIA Corp. – Key offerings
    • Exhibit 114: NVIDIA Corp. – Segment focus
  • 10.9 Roku Inc.
    • Exhibit 115: Roku Inc. – Overview
    • Exhibit 116: Roku Inc. – Business segments
    • Exhibit 117: Roku Inc. – Key offerings
    • Exhibit 118: Roku Inc. – Segment focus
  • 10.10 Shenzhen Rikomagic Tech Corp. Ltd.
    • Exhibit 119: Shenzhen Rikomagic Tech Corp. Ltd. – Overview
    • Exhibit 120: Shenzhen Rikomagic Tech Corp. Ltd. – Product / Service
    • Exhibit 121: Shenzhen Rikomagic Tech Corp. Ltd. – Key offerings
  • 10.11 Sky Group Ltd.
    • Exhibit 122: Sky Group Ltd. – Overview
    • Exhibit 123: Sky Group Ltd. – Product / Service
    • Exhibit 124: Sky Group Ltd. – Key offerings
  • 10.12 Xiaomi Corp.
    • Exhibit 125: Xiaomi Corp. – Overview
    • Exhibit 126: Xiaomi Corp. – Business segments
    • Exhibit 127: Xiaomi Corp. – Key news
    • Exhibit 128: Xiaomi Corp. – Key offerings
    • Exhibit 129: Xiaomi Corp. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 130: Inclusions checklist
    • Exhibit 131: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 132: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 133: Research methodology
    • Exhibit 134: Validation techniques employed for market sizing
    • Exhibit 135: Information sources
  • 11.5 List of abbreviations
    • Exhibit 136: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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