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Connected Living Room Market Trends

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

Connected Living Room Market Trends

There is a growing trend towards integrating voice control and artificial intelligence (AI) technologies into connected living room devices. Smart speakers and voice assistants like Amazon Alexa, Google Assistant, and Apple Siri are increasingly becoming central to home entertainment setups, allowing users to control their TVs, streaming devices, and smart home devices using voice commands. AI-powered features enable personalized recommendations, content discovery, and predictive analytics, enhancing the overall user experience.
 

Another trend is the convergence of entertainment and smart home technologies within the connected living room ecosystem. Consumers are seeking integrated solutions that not only provide access to multimedia content but also offer smart home control features such as lighting control, thermostat adjustment, and security system integration. This trend is driving the development of multifunctional devices and platforms that combine entertainment, automation, and connectivity capabilities, creating cohesive and seamless living room experiences for users.

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

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Premium Report Details

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