Smart TV Sticks Market Growth Set to Surge Significantly during 2018 – 2028

Dubai, UAE, 2020-Feb-20 — /EPR Network/ — Television scenario has been radically changing with customers shifting from traditional cable network or set top boxes toward standalone content providing devices such as smart TV sticks. The steady upward growth apropos to the demand for OTT (Over The Top) media services has significantly driven the adoption of smart TV sticks. Fact.MR envisages that the demand for smart TV sticks is projected to expand at a steady CAGR of 7.1% in terms of value throughout the period of assessment, 2018-2028.

Sales of smart TV sticks are likely to remain concentrated in the developed regions of United States, given the high purchasing power parity of individuals in the country. However, emerging economies of Asia Pacific excluding Japan (APEJ) region, such as China and India have showcased high inclination toward adoption of smart TV sticks. The report forecasts that by end of 2028, the demand for smart TV sticks in China is projected to grow at a meteoric pace with its sales volume crossing 6 million units.

After reading the smart TV sticks market report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the growth of the global smart TV sticks market.
• Analyze key regions holding significant share of the total smart TV sticks market revenue.
• Study the growth outlook of the global smart TV sticks market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use on the smart TV sticks market growth.
• Investigate the recent R&D projects performed by each smart TV sticks market player.

The smart TV sticks market report covers the following regions:

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

On the basis of sales channel, the smart TV sticks market report considers the following segments:

• Third Party Online Channels
• Direct to Customer Online Channels
• Independent Electronics Outlets
• Franchised Electronics Outlets
• Modern Trade Channels

Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=1367

Prominent smart TV sticks market players covered in the report contain:

• Cloudwalker streaming technologies Pvt. Ltd.
• Shenzhen Tomato Technology Co., Ltd
• ASUSTeK Computer Inc.
• Dongguan Sonicway Electrical Appliance Co., Ltd. (Cloudnetgo)
• Shenzhen Rikomagic Tech Corp.,Ltd
• Sky PLC (Now TV)
• Alphabet, Inc. (Google)
• Roku, Inc.
• com, Inc.

The behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the smart TV sticks market report comprehensively. In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each smart TV sticks market vendor in an in-depth manner.

The smart TV sticks market report answers important questions which include:

• What does the status of the smart TV sticks market look like after the forecast period?
• Which region has the highest contribution to the global smart TV sticks market and why?
• Which players remain at the top of the global smart TV sticks market?
• What opportunities are available for the smart TV sticks market players to expand their production footprint?
• Which segment has the maximum impact on the global smart TV sticks market?

Why Opt For Fact.MR?

1. Various analysis methods to deliver precise market information.
2. Digital technologies to facilitate clients with updated market solutions.
3. Multi-disciplinary approach to provide accurate insights of different industries.
4. Data collection from extensive primary and secondary research.
5. Round-the-clock availability to serve clients across the world.

For a broader and insightful view of the competition landscape, request for the Sample report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1367