Global Connected Living Room Market Size is estimated to expand rapidly in coming years, at a CAGR of 7.2 % from 2018 to 2025. In 2017, the global market valuation was USD 35 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The abundance of connected devices, such as intelligent televisions, intelligent speakers, gaming consoles, and set-top boxes, among others, especially among homes, is anticipated to drive development. In addition, the growing use of protected internet entertainment, the introduction of credible and advanced music storage facilities and high-speed information streaming are anticipated to promote innovation. The rising popularity of online media and their increasing growth are the key factors behind the market growth of connected rooms. While laptops and smartphones have driven the market in the past due to the level of convenience they provided to customers; intelligent connected TVs and intelligent speakers have begun to redefine the notion of convenience. Regionally, Asia Pacific region is expected to be the highest growing region in the global market of connected living rooms.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the globally connected living room market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The globally connected living room market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Device Type Insights: On the basis of device type, the globally connected living room market has been segmented into smart TVs, gaming consoles, PC/laptop, smart speakers, smartphones, and tablets. Among which smart TV segment has accounted for the largest share in the global market of connected living rooms. Smart linked TVs can serve as a flow-back medium as well as lean-forward media, as they can offer range entertainment options while also offering the user with other active characteristics that were earlier only accessible on laptops and personal computers. Smart speakers and smartphones are turning out to be an essential part of the connected living room market.

By Application Insights: On the basis of application, the globally connected living room market has been segmented into video streaming, audio streaming, and gaming. Among which video streaming segment has accounted for the largest share in the application segment. Providers of video-on-demand services are offering different subscription plans for consumers to expand their customer base. The increasing preference for live streaming of multiple activities on intelligent large-screen TVs is also adding to the prominence of streaming video. The increasing demand for video streaming services is good for the connected living room industry.

Regional Analysis

The connected living room market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, the Asia Pacific region is expected to witness high growth in the market in the forecast period. Emerging countries in the Asia Pacific region such as China, India, and Taiwan have established their own manufacturing hub. The Asia Pacific is home to a big young population that adopts the recent technologies very quickly. At the same moment, ongoing industrialization and increasing rates of disposable income in the region have caused consumer electronics demand.

North America is expected to witness high growth in the upcoming time span. The North America area is regarded as a big pool of customers adhering for video-on-demand, live video, and audio streaming services. Improving accessibility and Connectivity and rapid spread in the proportion of smartphone customers in the country are driving national market development in particular. Europe is anticipated to dominate the globally connected living room market over the projected period. It also happens that the UK, Germany, and France are some of the early adopters of the recent techniques and are anticipated to contribute to the development of the European industry.

Global Connected Living Room Market Size, Share Analysis by Region 2017

Global Connected Living Room Market Study Objective

1. To forecast the market size of connected living room market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of connected living room market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate on significant factors that will have a major impact on the growth of the connected living room market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of connected living room market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the connected living room market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

LG Electronics, Panasonic Corporation, Hitachi Ltd, Samsung Corporation, Netflix Inc., Google Inc., and Apple Inc. are some of the key players in the market of the connected living room.

Global Connected Living Room Market Study Report Offer You!

The globally connected living room market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.