| Product Code: ETC13219377 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Connected TV Market was valued at USD 100 Billion in 2024 and is expected to reach USD 150 Billion by 2031, growing at a compound annual growth rate of 6.80% during the forecast period (2025-2031).
The Global Connected TV Market is experiencing rapid growth driven by increasing demand for on-demand content and streaming services. Connected TVs, also known as Smart TVs, offer users access to a wide range of apps, including streaming platforms like Netflix, Hulu, and Amazon Prime Video. The market is also being propelled by advancements in technology such as 4K resolution, HDR, and voice control features. The growing trend of cord-cutting and the rise of Over-the-Top (OTT) services are further boosting the adoption of connected TVs worldwide. Major players in the market include Samsung, LG, Sony, and Vizio. With consumers seeking more personalized entertainment experiences, the Global Connected TV Market is projected to continue expanding in the coming years.
The Global Connected TV Market is experiencing significant growth driven by the increasing consumer demand for streaming services, advanced technologies such as 4K and HDR, and the proliferation of smart TVs. Key trends in the market include the rise of subscription-based video-on-demand platforms, the integration of voice control and AI features, and the expansion of connected TV advertising capabilities. Opportunities in the market lie in the development of personalized content recommendations, the adoption of interactive and immersive viewing experiences, and the growth potential in emerging markets. As more consumers cut the cord and embrace streaming services, the connected TV market is poised for continued expansion and innovation, making it an attractive space for content providers, advertisers, and technology companies to capitalize on.
The Global Connected TV Market faces several challenges, including the need for consistent and reliable internet connectivity in all regions, varying regulations and standards across different countries, privacy and security concerns related to personal data collection and usage, competition from traditional TV providers, and the rapid pace of technological advancements leading to frequent product obsolescence. Additionally, there are challenges related to content accessibility and licensing agreements, as well as the complexity of integrating multiple streaming services and devices for a seamless user experience. Adapting to these challenges requires continuous innovation, collaboration between industry stakeholders, and a deep understanding of consumer preferences and behaviors in the evolving landscape of connected TV technology.
The Global Connected TV Market is primarily driven by the increasing demand for on-demand video content, the rise of streaming services such as Netflix and Hulu, and the growing popularity of smart TVs with built-in internet connectivity. Consumers are increasingly seeking convenience and flexibility in accessing a wide range of content, leading to a shift towards connected TVs that offer seamless integration with online platforms. Additionally, advancements in technology such as 4K resolution, HDR, and voice-controlled interfaces are further fueling the adoption of connected TVs. The trend towards cord-cutting, where consumers move away from traditional cable and satellite TV services in favor of streaming options, is also contributing to the growth of the connected TV market globally.
Government policies related to the Global Connected TV Market vary by country but generally focus on regulations around content, data privacy, and competition. In the United States, the Federal Communications Commission (FCC) oversees regulations related to content distribution and competition, ensuring fair practices among TV service providers. In the European Union, the General Data Protection Regulation (GDPR) imposes strict guidelines on data privacy for connected TV users. Additionally, countries like China have implemented censorship policies that impact the content available on connected TVs. These government policies play a crucial role in shaping the competitive landscape and consumer experience within the Global Connected TV Market.
The Global Connected TV Market is poised for significant growth in the coming years as consumers increasingly seek out smart TV options with advanced features and connectivity. The market is expected to expand due to the rising demand for on-demand content, streaming services, and integrated apps. Technological advancements such as 4K resolution, HDR, and voice-controlled interfaces are driving the adoption of connected TVs. Additionally, the proliferation of internet connectivity and the increasing preference for personalized viewing experiences are fueling market growth. Content providers, advertisers, and manufacturers are actively investing in this space, leading to a competitive landscape with innovative offerings. Overall, the Global Connected TV Market is forecasted to flourish as it continues to revolutionize the way consumers access and interact with digital content.
In the Global Connected TV Market, Asia is expected to witness significant growth due to the increasing adoption of smart TVs and streaming services in countries like China, Japan, and South Korea. North America remains a key region in the market, driven by high consumer demand for advanced entertainment technologies and the presence of major players like Apple and Amazon. Europe is also a prominent market, with countries like the UK, Germany, and France leading the way in connected TV penetration. In the Middle East and Africa, rising disposable incomes and improving internet infrastructure are fueling the growth of connected TV adoption. Latin America is experiencing steady growth, with countries like Brazil and Mexico showing increasing interest in smart TVs and OTT platforms.
Global Connected TV Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Connected TV Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Connected TV Market Revenues & Volume, 2021 & 2031F |
3.3 Global Connected TV Market - Industry Life Cycle |
3.4 Global Connected TV Market - Porter's Five Forces |
3.5 Global Connected TV Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Connected TV Market Revenues & Volume Share, By Screen Size, 2021 & 2031F |
4 Global Connected TV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Connected TV Market Trends |
6 Global Connected TV Market, 2021 - 2031 |
6.1 Global Connected TV Market, Revenues & Volume, By Screen Size, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Connected TV Market, Revenues & Volume, By Less than 30 inches, 2021 - 2031 |
6.1.3 Global Connected TV Market, Revenues & Volume, By 30 inches to 50 inches, 2021 - 2031 |
6.1.4 Global Connected TV Market, Revenues & Volume, By 50 inches to 70 inches, 2021 - 2031 |
6.1.5 Global Connected TV Market, Revenues & Volume, By Above 70 inches, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America Connected TV Market, Overview & Analysis |
7.1 North America Connected TV Market Revenues & Volume, 2021 - 2031 |
7.2 North America Connected TV Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Connected TV Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Connected TV Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Connected TV Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Connected TV Market, Revenues & Volume, By Screen Size, 2021 - 2031 |
8 Latin America (LATAM) Connected TV Market, Overview & Analysis |
8.1 Latin America (LATAM) Connected TV Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Connected TV Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Connected TV Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Connected TV Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Connected TV Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Connected TV Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Connected TV Market, Revenues & Volume, By Screen Size, 2021 - 2031 |
9 Asia Connected TV Market, Overview & Analysis |
9.1 Asia Connected TV Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Connected TV Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Connected TV Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Connected TV Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Connected TV Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Connected TV Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Connected TV Market, Revenues & Volume, By Screen Size, 2021 - 2031 |
10 Africa Connected TV Market, Overview & Analysis |
10.1 Africa Connected TV Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Connected TV Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Connected TV Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Connected TV Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Connected TV Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Connected TV Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Connected TV Market, Revenues & Volume, By Screen Size, 2021 - 2031 |
11 Europe Connected TV Market, Overview & Analysis |
11.1 Europe Connected TV Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Connected TV Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Connected TV Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Connected TV Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Connected TV Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Connected TV Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Connected TV Market, Revenues & Volume, By Screen Size, 2021 - 2031 |
12 Middle East Connected TV Market, Overview & Analysis |
12.1 Middle East Connected TV Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Connected TV Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Connected TV Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Connected TV Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Connected TV Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Connected TV Market, Revenues & Volume, By Screen Size, 2021 - 2031 |
13 Global Connected TV Market Key Performance Indicators |
14 Global Connected TV Market - Export/Import By Countries Assessment |
15 Global Connected TV Market - Opportunity Assessment |
15.1 Global Connected TV Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Connected TV Market Opportunity Assessment, By Screen Size, 2021 & 2031F |
16 Global Connected TV Market - Competitive Landscape |
16.1 Global Connected TV Market Revenue Share, By Companies, 2024 |
16.2 Global Connected TV Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |