Home > Semiconductors & Electronics > Automation > Smart Building > Connected Living Room Market

Connected Living Room Market Share

  • Report ID: GMI9356
  • Published Date: May 2024
  • Report Format: PDF

Connected Living Room Market Share

Microsoft and Samsung play significant roles in the connected living room industry, offering a range of products and services that contribute to the ecosystem; together, they accounted for over 20% of the market share in 2023. Microsoft's Xbox gaming consoles are prominent fixtures in many living rooms, serving as entertainment hubs for gaming, streaming, and multimedia playback. The Xbox platform integrates with various streaming services like Netflix, Hulu, and Disney+, allowing users to access a wide range of content. The Xbox Game Pass subscription service offers access to a library of games, further enhancing the gaming experience in the living room. Moreover, Microsoft's voice assistant, Cortana, and its integration with Windows-powered devices provide voice control capabilities for managing entertainment and smart home devices in the living room.
 

Samsung is a leading manufacturer of smart TVs and home entertainment systems, offering a diverse lineup of products that cater to the market. Samsung's smart TVs feature advanced display technologies, built-in streaming apps, and compatibility with voice assistants like Bixby and Amazon Alexa, providing users with seamless access to streaming content and smart home controls.
 

Connected Living Room Market Companies

Major players operating in the industry are:

  • Amazon.com, Inc.
  • Apple Inc.
  • Bose Corporation
  • Google LLC
  • LG Electronics
  • Microsoft Corporation
  • NVIDIA Corporation 
Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for connected living room was valued at over USD 47.5 billion in 2023 and is estimated to cross USD 96 billion in 2032, driven by rising demand for home entertainment and automation technologies.

The Wi-Fi technology segment in the connected living room market will register over 8.2% CAGR during 2024 to 2032, as Wi-Fi-enabled devices offer users the flexibility to access online streaming services and browse web.

Asia Pacific connected living room industry held a share of over 35% in 2023 and will grow rapidly till 2032, driven by rising urbanization and increasing disposable incomes.

Amazon.com, Inc, Apple Inc., Bose Corporation, Google LLC, LG Electronics, Microsoft Corporation, and NVIDIA Corporation among others.

Connected Living Room Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 285
  • Countries covered: 20
  • Pages: 202
 Download Free Sample