AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Smart Outdoor TV market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Smart Outdoor TV market to grow at a CAGR of %.
The Distribution Channel, such as Online, is boosting the Smart Outdoor TV market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Smart Outdoor TV market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Rise in investment for Smart Outdoor TV and Increasing Number of Middle-Class Population in Developing Countries.
Smart Outdoor TV is those TV which is installed outside (backyards, near swimming pool gazebos, outdoor gardens, the entrance of a commercial building and others). This TV is costlier than regular TVs installed inside the house or office as they are operated in bright sunlight and need to withstand various elements such as rain, snow and cold and hot temperature. The outdoor TV should be covered with an IP rated enclosure to withstand dirt, heat, dust, and theft. It must be kept under the shade and the cables connected to the TV should be short in terms of length for better performance. Various factors such as changing the lifestyle of consumer, increasing disposable income, unexplored markets in emerging economies and increasing investment are propelling the market for the smart outdoor market. Surging demand for efficient products and efficient products and growing industrialization followed by modernization and urbanization creates an opportunity to develop new products and make some more innovations.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Smart Outdoor TV market by Type (32 Inch Size, 40 Inch Size, 42 Inch Size, 46 Inch Size and 47 Inch Size), by Application (Commercial and Residential) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market