Insight: Global Smart TV Shipment and Installed Base Forecast: 2011 to 2029

Smart TV shipments, after a flat three years, are set to grow 5% annually to 250 million units by 2029, despite a 0.5% decline in 2023 due to economic challenges.

After 3 years of flat performance, smart TV shipments are expected to grow at an average of 5% to reach 250M by 2029.

Global smart TV shipments declined by 0.5% year-over-year (YoY) in 2023, reaching just over 187 million units as challenging economic conditions continue to affect consumer demand which remains subdued since 2020 when Covid lockdowns stimulated consumer demand for home entertainment services and devices such as Smart TVs.

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