3D, LED, HD and Smart Television (TV) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020
Albany, NY -- (SBWIRE) -- 03/28/2016 -- Be it our mobile phones or any other latest handheld devices, smart technology is a basic feature we expect to have in the gadgets we use. While it is obvious to associate smart technologies with handheld devices, the application of the same has now expanded into multiple channels. For instance, smart televisions are on the path to dominate the global televisions market. With the advent of modern technology, the television industry has significantly transformed. Smart televisions offer way more than high-definition TV viewing experience. It comes with a spectrum of new features that can be easily accessed through an Internet connection, which is not present in traditional televisions.
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Some of the advanced interactive features that these televisions provide are discussed below:
Wi-Fi Connectivity - Wi-Fi connectivity is an attractive feature incorporated in Smart TVs. These televisions often come with an Ethernet port as well, which allows users to stay connected to the Internet. The global TV market currently offers the fourth generation of connected televisions, with key players in the industry competing to patent TV models with innovations in content aggregation, application development, and user interface.
Smart Operating Systems - Smart televisions are built with an advanced operating system that enables widgets and apps to stream music or videos at the snap of a finger. With this technology, users can enjoy an array of functionalities such as recording TV shows and surfing the internet with easy access to Facebook, Google, and other popular websites.
Watching Online Movies - Smart televisions allow users to watch their favorite movies or shows online, which is the leading factor driving its demand in the global market today. With smart TVs, users can get updated weather forecasts, listen to music, browse through social networks, and play games online. In fact, the technology also allows users to make internet voice calls.
What Boosts the 3D, LED, HD and Smart Television Market?
3D movies have become immensely popular, and they are easily accessible on the internet. 3D, LED, HD, and smart televisions provide easy access to the latest movie releases through internet, which is why their demand is gradually increasing in the global market.
Surging competition among leading manufacturers is expected to considerably reduce the price of smart television, thereby expanding the market for 3D, LED, HD, and smart televisions.
Increasing demand for energy efficient electronic products will boost the global 3D, LED, HD, and smart television market significantly. Smart televisions not only offer new-age functionalities, but their design is contemporary as well. Such advanced features are made available to customers with the promise of reduced electricity consumption, which is why the demand for 3D, LED, HD and smart televisions is steadily increasing in the global market.
3D, LED, HD and smart televisions offer reduced size and high definition video quality at the same time. Leading manufacturers in the television industry have mastered the technology of converging smart features with smart design. With the introduction of curved television, consumers can now enjoy superior viewing angles. Such factors have attracted an increasing number of customers to the market.
Despite enjoying a sustainable growth rate, the global 3D, LED, HD, and smart television market faces challenges from the expanding market for IPTV. As an increasing number of internet providers start offering access to TV shows and sports online, the market for LED television is likely to encounter a significant hindrance to growth.
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