Global Android TV and STB Market, By Resolution (HD & Full HD, 4K & Above Monocular), By Type (Android STB, Android TV), By Application (Residential, Enterprise/Commercial), By Distribution Channel (Online, Stores, Others), By Geography (APAC, North America, Latin America, Europe, Middle East, and Africa) – Industry Size, Trends and Forecast till 2028
Android STBs and TVs are just streaming devices that can connect to your TV and are usually only available on phones, tablets, and laptops. Due to the continuous development of internet-based services and digital media, there is a great demand from individual customers. These are most convenient for users who travel frequently. Hybrid content provides users with the most reliable and personalized experience.
Demand for Android STBs and TVs will be very important and is expected to grow exponentially. Android-based boxes include some advanced features such as controlling the device with voice commands and helping users find the content they need, which brings great benefits to users. Advanced technological advances and intensifying, feature-rich, and healthy competition with easy-to-use Android STBs will drive the Android STB and TV markets.
COVID-19 Impact on Android STB and TV Market
The global spread of the COVID-19 pandemic exposes the development of the world economy to unprecedented and severe challenges, and the world economy is under greater downward pressure. The impact of pandemics on the economy has stagnated or slowed economic activity in many countries, reduced global demand, significantly reduced trade and investment, and affected global industrial chains. Demand-based recovery scenarios were predicted and analyzed in this study.
According to Pheonix Research, the “Global Android STB and TV Market” will be valued at US $ XY million in 2020 and is projected to reach a market value of US $ XY million by 2028. North America dominates the global Android STB and TV markets and is projected to experience an AB% CAGR during the 2021-2028 forecast period. North America holds the largest market share in the world’s Android STBs and TVs, followed by Europe and the Asia Pacific region. This is dominated by the United States due to increased consumer products and government initiatives supported by Android STBs and TVs in the region. North American market. In addition, the region has a well-established electronic infrastructure that enables faster deployment of new technologies.
Leading companies in the Android STB and TV Market are Nvidia Corporation, Arris International, Coship, Panasonic Corporation, Evolution Digital, Sony Corporation, Xiaomi, Humax, Kaon Media, Sagemcom, Haier, Toshiba Corporation, Sharp Corporation, TCL Corporation, Skyworth Digital Holdings, Shenzhen SDMC Technology, Hisense, Vu Televisions, Hitachi.
The Exclusive report “Global Android TV and STB Market (2021-2028)” has been divided into application, resolution, distribution channel, type, and region.