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Global Connected Living Room Market: By Components: Sensors, Thermostats, Cameras, Data Storage System, Communication Device, Others; By Product Type; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Connected Living Rooms Market Outlook

The global connected living room market stood at a value of around USD 41.4 billion in 2020 and is further expected to grow at a CAGR of 8.7% over the forecast period of 2022-2027.

 

Global Connected Living Rooms Market

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The increasing demand for new products such as digital video recorder, digital set-top box, digital media players, home theatre systems such as Blu-ray players, and gaming consoles is driving the market growth.

 

Properties and Applications

The connected living rooms industry can be divided on the basis of segments like components, product-type, and application. The market can be classified on the basis of its components as sensors, thermostats, cameras, data storage system, and communication device, among others. The market, based on its product type, can be categorised as consumer computing, TV system, gaming consoles, security system, smart plugs, and wireless speakers, among others. Further, the market can be broadly categorised on the basis of its application into:

 

Global Connected Living Rooms Market By Application

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  • Video Streaming
  • Audio Streaming
  • Gaming
  • Others

The EMR report looks into the regional markets for connected living rooms like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Connected Living Rooms Market By Region

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Market Analysis

The main driver for the connected living rooms industry is the enormous support from governments, especially in developing economies, for digitisation. Factors like evolving technology and changing consumer preferences are affecting the consumption level of each type of devices with smartphones and televisions playing a major role in the growth of the industry. The emergence of systems providing advanced connectivity in home appliances, the incorporation of user-interactive properties in home infotainment systems, and the growing advancement towards high resolution displays are the factors driving the connected living room industry further.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global connected living rooms market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Hitachi, Ltd.
  • Toshiba Corporation
  • LG Electronic
  • Panasonic Corporation
  • Google Inc.
  • Amazon Inc.

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Components, Product Type, Application, Region
Breakup by Components Sensors, Thermostats, Cameras, Data Storage System, Communication Device, Others
Breakup by Product Type Consumer Computing, TV System, Gaming Consoles, Security System, Smart Plugs, Wireless Speakers, Others
Breakup by Application Video Streaming, Audio Streaming, Gaming, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Hitachi, Ltd., Toshiba Corporation, LG Electronic Inc., Panasonic Corporation, Google Inc., Apple Inc., Amazon Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Connected Living Room Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Connected Living Room Historical Market (2017-2021) 
    8.3    Global Connected Living Room Market Forecast (2022-2027)
    8.4    Global Connected Living Room Market by Components
        8.4.1    Sensors
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Thermostats
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Cameras
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Data Storage System
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Communication Device
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Others
    8.5    Global Connected Living Room Market by Product Type
        8.5.1    Consumer Computing 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    TV System
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Gaming Consoles
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Security Systems
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Smart Plugs 
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Wireless Speakers
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2017-2021)
            8.5.6.3    Forecast Trend (2022-2027)
        8.5.7    Others
    8.6    Global Connected Living Room Market by Application
        8.6.1    Video Streaming 
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Audio Streaming 
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Gaming 
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others
    8.7    Global Connected Living Room Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Hitachi Ltd.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Toshiba Corporation
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Google LLC
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    LG Electronics Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Panasonic Corporation
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Amazon Inc.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Industry Events and Developments


List of Key Figures and Tables

1.    Global Connected Living Room Market: Key Industry Highlights, 2017 and 2027
2.    Global Connected Living Room Historical Market: Breakup by Components (USD Million), 2017-2021
3.    Global Connected Living Room Market Forecast: Breakup by Components (USD Million), 2022-2027
4.    Global Connected Living Room Historical Market: Breakup by Product Type (USD Million), 2017-2021
5.    Global Connected Living Room Market Forecast: Breakup by Product Type (USD Million), 2022-2027
6.    Global Connected Living Room Historical Market: Breakup by Application (USD Million), 2017-2021
7.    Global Connected Living Room Market Forecast: Breakup by Application (USD Million), 2022-2027
8.    Global Connected Living Room Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Connected Living Room Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Connected Living Room Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Connected Living Room Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Connected Living Room Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Connected Living Room Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Connected Living Room Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Connected Living Room Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Connected Living Room Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Connected Living Room Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Connected Living Room Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Connected Living Room Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Global Connected Living Room Market Structure

Key Questions Answered in the Report

The global connected living room market reached a value of USD 41.4 billion in 2020.

The market is projected to grow at a CAGR of nearly 8.7% in the forecast period of 2022-2027.

The major drivers of the industry, such as rising disposable incomes, increasing population, and government initiatives in the industry, are expected to aid the industry growth.

The rising preference for second screen devices and the subsequent growth in the product’s demand among the consumers are expected to be the key trends guiding the growth of the market.

North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific are the leading regions in the market.

The major component segments in the market are sensors, thermostats, cameras, data storage system, and communication device, among others.

The market, based on its product type, can be categorised as consumer computing, TV system, gaming consoles, security system, smart plugs, and wireless speakers, among others.

The major application segments in the market include video streaming, audio streaming, and gaming, among others.

The leading players in the market are Hitachi, Ltd., Toshiba Corporation, LG Electronic Inc., Panasonic Corporation, Google Inc., Apple Inc., Amazon Inc., Others.

Analyst Review

The global connected living room market attained a value of USD 41.4 billion in 2020, driven by the favourable government initiatives. Aided by the rising preference for second screen devices, the industry is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.7%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its components, the global market for connected living room can be segmented into sensors, thermostats, cameras, data storage system, and communication device, among others. By product type, the industry is divided into consumer computing, TV system, gaming consoles, security system, smart plugs, and wireless speakers, among others. On the basis of application, the industry is categorised into video streaming, audio streaming, and gaming, among others. The major regional markets for connected living room are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Hitachi, Ltd., Toshiba Corporation, LG Electronic Inc., Panasonic Corporation, Google Inc., Apple Inc., Amazon Inc., Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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