Global Connected Living Room Market to Reach $107.2 Billion by 2030
The global market for Connected Living Room estimated at US$60.6 Billion in the year 2022, is projected to reach a revised size of US$107.2 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030. Smart TVs, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$45.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Smartphones segment is readjusted to a revised 8.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $16.4 Billion, While China is Forecast to Grow at 12% CAGR
The Connected Living Room market in the U.S. is estimated at US$16.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.1 Billion by the year 2030 trailing a CAGR of 12% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Select Competitors (Total 97 Featured) -
- Eaton Corporation PLC
- General Electric Company
- Rockwell Automation, Inc.
- Samsung Electronics America, Inc.
- Schneider Electric SA
- Siemens AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Eaton Corporation Plc
- General Electric Company
- Rockwell Automation, Inc.
- Samsung Electronics America, Inc.
- Schneider Electric Sa
- Siemens Ag
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 422 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 51.3 Billion |
Forecasted Market Value ( USD | $ 84.2 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |