The Europe Connected Living Room Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
The most demanded feature for smart items, according to many surveys, is the ability to access or operate objects remotely. The remote connections offer consumers a peace of where by enabling them to check on systems without moving to check on the device. The rising demand for living room connected devices (LRCDs) appears to be motivated by customer expectations regarding look, functionality, and accessibility.
Most Consumers purchase a smart TV because they required a new television that featured the latest technology. Similarly, streaming devices are gaining more attraction since these can be hooked into a television to download internet-based programming. According to the media research firm, new televisions feature unique service features that increase the customer experience, making it comparable to what consumers enjoy on a computer, tablet, or mobile device.
New TVs are wireless (eliminating the need for the consumer to physically attach them) and immediately request wireless credentials upon activation (encouraging immediate connection), which increases their accessibility to users. The primary purpose of the gadgets in a connected living room is to consume entertainment, such as music, games, or videos. It is even feasible to use some LRCDs without a second computer to access the entire range of Internet services, including social media sites like Facebook.
Nowadays, smart TVs and smart speakers have been gaining popularity in the United Kingdom. Countries, such as Germany, have shown an increase in consumer demand for tablet computers and smartphones. Similarly, Germany, France, and the United Kingdom are among the earliest adopters of contemporary technology and are anticipated to contribute to the growth of the European region for connected living rooms.
The Germany market dominated the Europe Connected Living Room Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,711.9 million by 2028. The UK market is experiencing a CAGR of 7.6% during (2022 - 2028). Additionally, The France market would display a CAGR of 9.3% during (2022 - 2028).
Based on Application, the market is segmented into Video Streaming, Audio Streaming, and Gaming. Based on Device Type, the market is segmented into Smart TVs, Gaming Consoles, PC/Laptop, Smart phones, Tablets, and Smart Speakers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Connected Living Room Market will Hit $75.6 Billion by 2028, at a CAGR of 9.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hitachi, Ltd., Toshiba Corporation, Koninklijke Philips N.V., LG Electronics, Inc. (LG Corporation), Panasonic Corporation, Netflix, Inc., Google LLC, Apple, Inc., Amazon Web Services, Inc., and Motorola Mobility Holdings. Inc.(Lenovo Group Limited).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Video Streaming
- Audio Streaming
- Gaming
By Device Type
- Smart TVs
- Gaming Consoles
- PC/Laptop
- Smart phones
- Tablets
- Smart Speakers
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Hitachi, Ltd.
- Toshiba Corporation
- Koninklijke Philips N.V.
- LG Electronics, Inc. (LG Corporation)
- Panasonic Corporation
- Netflix, Inc.
- Google LLC
- Apple, Inc.
- Amazon Web Services, Inc.
- Motorola Mobility Holdings. Inc. (Lenovo Group Limited)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Connected Living Room Market, by Application
1.4.2 Europe Connected Living Room Market, by Device Type
1.4.3 Europe Connected Living Room Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Product Launches and Product Expansions
3.2.2 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2020, Jun – 2022, Jul) Leading Players
Chapter 4. Europe Connected Living Room Market by Application
4.1 Europe Video Streaming Market by Country
4.2 Europe Audio Streaming Market by Country
4.3 Europe Gaming Market by Country
Chapter 5. Europe Connected Living Room Market by Device Type
5.1 Europe Smart TVs Market by Country
5.2 Europe Gaming Consoles Market by Country
5.3 Europe PC/Laptop Market by Country
5.4 Europe Smart phones Market by Country
5.5 Europe Tablets Market by Country
5.6 Europe Smart Speakers Market by Country
Chapter 6. Europe Connected Living Room Market by Country
6.1 Germany Connected Living Room Market
6.1.1 Germany Connected Living Room Market by Application
6.1.2 Germany Connected Living Room Market by Device Type
6.2 UK Connected Living Room Market
6.2.1 UK Connected Living Room Market by Application
6.2.2 UK Connected Living Room Market by Device Type
6.3 France Connected Living Room Market
6.3.1 France Connected Living Room Market by Application
6.3.2 France Connected Living Room Market by Device Type
6.4 Russia Connected Living Room Market
6.4.1 Russia Connected Living Room Market by Application
6.4.2 Russia Connected Living Room Market by Device Type
6.5 Spain Connected Living Room Market
6.5.1 Spain Connected Living Room Market by Application
6.5.2 Spain Connected Living Room Market by Device Type
6.6 Italy Connected Living Room Market
6.6.1 Italy Connected Living Room Market by Application
6.6.2 Italy Connected Living Room Market by Device Type
6.7 Rest of Europe Connected Living Room Market
6.7.1 Rest of Europe Connected Living Room Market by Application
6.7.2 Rest of Europe Connected Living Room Market by Device Type
Chapter 7. Company Profiles
7.1 Google LLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Apple, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Hitachi, Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 Toshiba Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research and Development Expense
7.4.5 SWOT Analysis
7.5 Koninklijke Philips N.V.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 LG Electronics, Inc. (LG Corporation)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional & Segmental Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Panasonic Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Acquisition and Mergers:
7.7.6 SWOT Analysis
7.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 SWOT Analysis
7.9 Netflix, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Recent strategies and developments:
7.9.3.1 Acquisition and Mergers:
7.9.4 SWOT Analysis
7.10. Motorola Mobility Holdings, Inc. (Lenovo Group Limited)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
TABLE 1 Europe Connected Living Room Market, 2018 - 2021, USD Million
TABLE 2 Europe Connected Living Room Market, 2022 - 2028, USD Million
TABLE 3 Product Launches And Product Expansions – Connected Living Room Market
TABLE 4 Acquisition and Mergers – Connected Living Room Market
TABLE 5 Europe Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 6 Europe Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 7 Europe Video Streaming Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Video Streaming Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Audio Streaming Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Audio Streaming Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Gaming Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Gaming Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 14 Europe Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 15 Europe Smart TVs Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Smart TVs Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Gaming Consoles Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Gaming Consoles Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe PC/Laptop Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe PC/Laptop Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Smart phones Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Smart phones Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Tablets Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Tablets Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Smart Speakers Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Smart Speakers Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Connected Living Room Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Connected Living Room Market by Country, 2022 - 2028, USD Million
TABLE 29 Germany Connected Living Room Market, 2018 - 2021, USD Million
TABLE 30 Germany Connected Living Room Market, 2022 - 2028, USD Million
TABLE 31 Germany Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 32 Germany Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 33 Germany Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 34 Germany Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 35 UK Connected Living Room Market, 2018 - 2021, USD Million
TABLE 36 UK Connected Living Room Market, 2022 - 2028, USD Million
TABLE 37 UK Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 38 UK Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 39 UK Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 40 UK Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 41 France Connected Living Room Market, 2018 - 2021, USD Million
TABLE 42 France Connected Living Room Market, 2022 - 2028, USD Million
TABLE 43 France Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 44 France Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 45 France Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 46 France Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 47 Russia Connected Living Room Market, 2018 - 2021, USD Million
TABLE 48 Russia Connected Living Room Market, 2022 - 2028, USD Million
TABLE 49 Russia Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 50 Russia Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 51 Russia Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 52 Russia Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 53 Spain Connected Living Room Market, 2018 - 2021, USD Million
TABLE 54 Spain Connected Living Room Market, 2022 - 2028, USD Million
TABLE 55 Spain Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 56 Spain Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 57 Spain Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 58 Spain Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 59 Italy Connected Living Room Market, 2018 - 2021, USD Million
TABLE 60 Italy Connected Living Room Market, 2022 - 2028, USD Million
TABLE 61 Italy Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 62 Italy Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 63 Italy Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 64 Italy Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 65 Rest of Europe Connected Living Room Market, 2018 - 2021, USD Million
TABLE 66 Rest of Europe Connected Living Room Market, 2022 - 2028, USD Million
TABLE 67 Rest of Europe Connected Living Room Market by Application, 2018 - 2021, USD Million
TABLE 68 Rest of Europe Connected Living Room Market by Application, 2022 - 2028, USD Million
TABLE 69 Rest of Europe Connected Living Room Market by Device Type, 2018 - 2021, USD Million
TABLE 70 Rest of Europe Connected Living Room Market by Device Type, 2022 - 2028, USD Million
TABLE 71 Key Information – Google LLC
TABLE 72 Key Information – Apple, Inc.
TABLE 73 Key Information – Hitachi, Ltd.
TABLE 74 Key Information – Toshiba Corporation
TABLE 75 Key Information – Koninklijke Philips N.V.
TABLE 76 Key information – LG Electronics, Inc.
TABLE 77 Key Information – Panasonic Corporation
TABLE 78 Key Information – Amazon Web Services, Inc.
TABLE 79 Key Information – Netflix, Inc.
TABLE 80 Key Information – Motorola Mobility Holdings, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2020, Jun – 2022, Jul) Leading Players
FIG 5 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 6 SWOT Analysis: apple, Inc.
FIG 7 SWOT Analysis: Toshiba Corporation
FIG 8 Swot analysis: LG Corporation
FIG 9 SWOT Analysis: Panasonic Corporation
FIG 10 SWOT analysis: Amazon.com, Inc.
FIG 11 SWOT Analysis: Netflix, Inc.