The North America Connected Living Room Market should witness market growth of 8.3% CAGR during the forecast period (2022-2028).
The connected living room offers new potential to transform the character and dynamics of client interactions. Consequently, a connected living room solution supplier with both business and technology skills are considered highly by customers to modulate and connect the living rooms.
Whether someone is adding this technology for the first time or looking to improve their current solution, working with a supplier that partners with a recognized smart technology business becomes essential. Connected living rooms technology can do daily chores such as adjusting the thermostat and lighting, switching from speakers to television sets or to using the set top boxes (STP).
Manufacturers have been working for more than a decade to bring intelligence and connectivity to living room goods and appliances. The declining cost of wireless gear, the growth of mobile connections, the emergence of new business models, and the proliferation of smartphones are making the connection of living rooms easier.
In North America, the increased demand and use of voice assistants are particularly visible. In addition, the region boasts a sizeable online subscriber base for live video,video-on-demand, and audio streaming. North America is ahead in regards of adoption of the most recent connected devices. The concept of a connected living room encompasses multiple gadgets, including entertainment devices, infotainment devices, laptops, televisions, and additional devices and components.
The US market dominated the North America Connected Living Room Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15,274 million by 2028. The Canada market is poised to grow at a CAGR of 10.8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.8% 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 U.S., Mexico, Canada, and Rest of North America.
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 connected living room offers new potential to transform the character and dynamics of client interactions. Consequently, a connected living room solution supplier with both business and technology skills are considered highly by customers to modulate and connect the living rooms.
Whether someone is adding this technology for the first time or looking to improve their current solution, working with a supplier that partners with a recognized smart technology business becomes essential. Connected living rooms technology can do daily chores such as adjusting the thermostat and lighting, switching from speakers to television sets or to using the set top boxes (STP).
Manufacturers have been working for more than a decade to bring intelligence and connectivity to living room goods and appliances. The declining cost of wireless gear, the growth of mobile connections, the emergence of new business models, and the proliferation of smartphones are making the connection of living rooms easier.
In North America, the increased demand and use of voice assistants are particularly visible. In addition, the region boasts a sizeable online subscriber base for live video,video-on-demand, and audio streaming. North America is ahead in regards of adoption of the most recent connected devices. The concept of a connected living room encompasses multiple gadgets, including entertainment devices, infotainment devices, laptops, televisions, and additional devices and components.
The US market dominated the North America Connected Living Room Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15,274 million by 2028. The Canada market is poised to grow at a CAGR of 10.8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.8% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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. North America Connected Living Room Market by Application
Chapter 5. North America Connected Living Room Market by Device Type
Chapter 6. North America 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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