Smart TV shipments decreased 8.7% in 2022 as challenging global macroeconomic conditions reduced demand for new TV sets. Although inflation was already cooling in many markets as of July 2023, the cost of essential goods remains high and continues to dampen discretionary spending by consumers. However, with the momentum of the ongoing economic recovery and increasing smart TV p...
READGlobal smart TV shipments in fourth-quarter 2022 declined an estimated 4.3% year over year as consumer spending remained dampened by persistent inflationary pressures in much of the world. Estimated smart TV shipments for the full-year 2022 fell to a five-year low at 137.1 million units primarily due to demand cooling off to pre-pandemic levels amid macroeconomic headwinds thro...
READKagan estimates the combined global installed base for smart TVs and streaming media devices, or SMDs, grew 7.5% year over year as of the end of 2022, but the market has slowed considerably since the pandemic began. Particularly, the net additions to the SMD installed base in 2022 were less than half that of 2020. The connected TV universe faced multiple challenges in 2022, inc...
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