The Latin America, Middle East and Africa Connected Living Room Market should witness market growth of 12.8% CAGR during the forecast period (2022-2028).
The WHO broadens this concept to include the environment, social interactions, and the domains of physical and mental health. Owning a potent, commonplace, network-enabled device is now more inexpensive because ofrecent advancements in communication technology. Today's shared physical environment is covered with wireless networks, particularly in wealthy nations and densely populated places.
In essence,the widespread use of internet connectivity among various devicesis responsible for the living room's faster digitization. The popularity of connected living rooms is predicted to increase with the growing acceptance of online media streaming. All electronic devices that are online-connected in the living room include televisions, smartphones, game consoles, and other devices.
Laptops, tablet phones, personal computers, set-top boxes, as well as other connection devices can also be included in the list of linked devices. The market is anticipated to be driven by the strong bandwidth and digital environment availability brought on by technology improvements over the past few years and the widespread adoption of wireless streaming. Innovation is also anticipated to be aided by rising online entertainment usage, the introduction of dependable and advanced music storage technology, and high-speed data streaming.
Latin America is bound to become the world's second-fastest-growing streaming market. The region experienced a steep increase in video streaming and audio streaming, cementing itself as a vital strategic region for the development of connected devices firm. The risecan be attributed to a number of things, including a shift in consumer behaviour brought on by theCOVID-19 pandemic. But primarily due to the increased fixed and mobile internet service penetration throughout the region.
The Brazil market dominated the LAMEA Connected Living Room Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,618.5 million by 2028. The Argentina market is anticipated to grow at a CAGR of 13.4% during (2022-2028). Additionally, The UAE market would exhibit a CAGR of 12.5% during (2022-2028).
Based on Application, the market is segmented into Video Streaming, Audio Streaming, and Gaming. Based on Device Type, the market is segmented into Smart TVs, Gaming Consoles, PC/Laptop, Smart phones, Tablets, and Smart Speakers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hitachi, Ltd., Toshiba Corporation, Koninklijke Philips N.V., LG Electronics, Inc. (LG Corporation), Panasonic Corporation, Netflix, Inc., Google LLC, Apple, Inc., Amazon Web Services, Inc., and Motorola Mobility Holdings. Inc.(Lenovo Group Limited).
The WHO broadens this concept to include the environment, social interactions, and the domains of physical and mental health. Owning a potent, commonplace, network-enabled device is now more inexpensive because ofrecent advancements in communication technology. Today's shared physical environment is covered with wireless networks, particularly in wealthy nations and densely populated places.
In essence,the widespread use of internet connectivity among various devicesis responsible for the living room's faster digitization. The popularity of connected living rooms is predicted to increase with the growing acceptance of online media streaming. All electronic devices that are online-connected in the living room include televisions, smartphones, game consoles, and other devices.
Laptops, tablet phones, personal computers, set-top boxes, as well as other connection devices can also be included in the list of linked devices. The market is anticipated to be driven by the strong bandwidth and digital environment availability brought on by technology improvements over the past few years and the widespread adoption of wireless streaming. Innovation is also anticipated to be aided by rising online entertainment usage, the introduction of dependable and advanced music storage technology, and high-speed data streaming.
Latin America is bound to become the world's second-fastest-growing streaming market. The region experienced a steep increase in video streaming and audio streaming, cementing itself as a vital strategic region for the development of connected devices firm. The risecan be attributed to a number of things, including a shift in consumer behaviour brought on by theCOVID-19 pandemic. But primarily due to the increased fixed and mobile internet service penetration throughout the region.
The Brazil market dominated the LAMEA Connected Living Room Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,618.5 million by 2028. The Argentina market is anticipated to grow at a CAGR of 13.4% during (2022-2028). Additionally, The UAE market would exhibit a CAGR of 12.5% during (2022-2028).
Based on Application, the market is segmented into Video Streaming, Audio Streaming, and Gaming. Based on Device Type, the market is segmented into Smart TVs, Gaming Consoles, PC/Laptop, Smart phones, Tablets, and Smart Speakers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hitachi, Ltd., Toshiba Corporation, Koninklijke Philips N.V., LG Electronics, Inc. (LG Corporation), Panasonic Corporation, Netflix, Inc., Google LLC, Apple, Inc., Amazon Web Services, Inc., and Motorola Mobility Holdings. Inc.(Lenovo Group Limited).
Scope of the Study
By Application
- Video Streaming
- Audio Streaming
- Gaming
By Device Type
- Smart TVs
- Gaming Consoles
- PC/Laptop
- Smart phones
- Tablets
- Smart Speakers
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Hitachi, Ltd.
- Toshiba Corporation
- Koninklijke Philips N.V.
- LG Electronics, Inc. (LG Corporation)
- Panasonic Corporation
- Netflix, Inc.
- Google LLC
- Apple, Inc.
- Amazon Web Services, Inc.
- Motorola Mobility Holdings. Inc. (Lenovo Group Limited)
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Connected Living Room Market by Application
Chapter 5. LAMEA Connected Living Room Market by Device Type
Chapter 6. LAMEA Connected Living Room Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Hitachi, Ltd.
- Toshiba Corporation
- Koninklijke Philips N.V.
- LG Electronics, Inc. (LG Corporation)
- Panasonic Corporation
- Netflix, Inc.
- Google LLC
- Apple, Inc.
- Amazon Web Services, Inc.
- Motorola Mobility Holdings. Inc.(Lenovo Group Limited)
Methodology
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