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Connected Living Room Market

Global Connected Living Room Market Size, Share, Forecast: By Components: Sensors, Thermostats, Cameras, Data Storage System, Communication Device, Others; By Product Type: Consumer Computing, TV System, Gaming Consoles. Others; By Application; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Connected Living Rooms Market Outlook

The global connected living room market stood at a value of around USD 53.17 billion in 2023 and is further expected to grow at a CAGR of 8.7% over the forecast period of 2024-2032.

 

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:

 

Connected Living Rooms Market By Segments

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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.

 

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.

 

Connected Living Rooms Market By Region

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Hitachi, Ltd
  • Toshiba Corporation
  • Google LLC
  • LG Electronics Inc.
  • Panasonic Corporation
  • 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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Connected Living Room Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Connected Living Room Historical Market (2018-2023) 
    8.3    Global Connected Living Room Market Forecast (2024-2032)
    8.4    Global Connected Living Room Market by Components
        8.4.1    Sensors
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Thermostats
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Cameras
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Data Storage System
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Communication Device
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Connected Living Room Market by Product Type
        8.5.1    Consumer Computing 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    TV System
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Gaming Consoles
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Security Systems
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Smart Plugs 
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Wireless Speakers
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Others
    8.6    Global Connected Living Room Market by Application
        8.6.1    Video Streaming 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Audio Streaming 
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Gaming 
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others   
    8.5    Global Connected Living Room Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
9    North America Connected Living Room Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Connected Living Room Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Connected Living Room Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Connected Living Room Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Connected Living Room Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Hitachi Ltd.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Toshiba Corporation
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Google LLC
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    LG Electronics Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Panasonic Corporation
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Amazon Inc.
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Connected Living Room Market: Key Industry Highlights, 2018 and 2032
2.    Global Connected Living Room Historical Market: Breakup by Components (USD Million), 2018-2023
3.    Global Connected Living Room Market Forecast: Breakup by Components (USD Million), 2024-2032
4.    Global Connected Living Room Historical Market: Breakup by Product Type (USD Million), 2018-2023
5.    Global Connected Living Room Market Forecast: Breakup by Product Type (USD Million), 2024-2032
6.    Global Connected Living Room Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Connected Living Room Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Connected Living Room Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Connected Living Room Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Connected Living Room Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Connected Living Room Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Connected Living Room Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Connected Living Room Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Connected Living Room Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Connected Living Room Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Connected Living Room Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Connected Living Room Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Connected Living Room Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Connected Living Room Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Connected Living Room Market Structure

Key Questions Answered in the Report

The global connected living room market reached a value of USD 53.17 billion in 2023.

The market is projected to grow at a CAGR of nearly 8.7% in the forecast period of 2024-2032.

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 53.17 billion in 2023, 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 2024-2032, 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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