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US Smart TV Market

ID: MRFR/SEM/12670-HCR
200 Pages
Garvit Vyas
October 2025

US Smart TV Market Size, Share and Research Report By Resolution (4K UHD TV, HDTV, Full HD TV, 8K TV), By Operating System (Android TV, Tizen, WebOS, Roku, Other), By Screen Size (Light, Below 32 inches, 32 to 45 inches, 46 to 55 inches, 56 to 65 inches, Above 65 inches) and By Screen Shape (Flat, Curved) - Industry Forecast Till 2035

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US Smart TV Market Infographic
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US Smart TV Market Summary

As per analysis, the US Smart Tv Market is projected to grow from USD 39,233.63 Million in 2024 to USD 44,851.98 Million by 2025, exhibiting a compound annual growth rate (CAGR) of 12.94% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US Smart TV market is experiencing robust growth driven by technological advancements and evolving consumer preferences.

  • The integration of streaming services continues to dominate the Smart TV landscape, enhancing content accessibility for users.
  • AI-driven features are significantly improving user experience, making Smart TVs more intuitive and user-friendly.
  • The 32 to 55 inches segment remains the largest, while the 56 to 75 inches segment is rapidly gaining traction among consumers.
  • Rising demand for smart home integration and advancements in display technology are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 39233.63 (USD Million)
2035 Market Size 149582.46 (USD Million)
CAGR (2025 - 2035) 12.94%

Major Players

Samsung Electronics (KR), LG Electronics (KR), Sony Corporation (JP), TCL Technology (CN), Vizio Inc (US), Roku Inc (US), Hisense Group (CN), Panasonic Corporation (JP)

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US Smart TV Market Trends

The US Smart TV Market is currently experiencing a dynamic evolution, driven by advancements in technology and changing consumer preferences. As households increasingly seek integrated entertainment solutions, smart televisions are becoming a central hub for streaming services, gaming, and internet browsing. This shift is further fueled by the proliferation of high-speed internet access across the nation, enabling seamless connectivity and enhancing the viewing experience. Moreover, the growing demand for larger screen sizes and improved picture quality is influencing manufacturers to innovate and diversify their product offerings. In addition to technological advancements, the US Smart TV Market is witnessing a notable shift in content consumption patterns. Consumers are gravitating towards on-demand streaming platforms, which are reshaping traditional viewing habits. This trend is prompting manufacturers to incorporate user-friendly interfaces and voice-activated features, catering to the evolving needs of tech-savvy audiences. As the market continues to expand, it appears that the integration of artificial intelligence and smart home compatibility will play a crucial role in shaping future developments, potentially redefining the landscape of home entertainment.

Integration of Streaming Services

The US Smart TV Market is increasingly characterized by the integration of various streaming platforms directly into television interfaces. This trend allows consumers to access a multitude of content options without the need for additional devices, enhancing convenience and user experience. As a result, manufacturers are focusing on partnerships with popular streaming services to provide bundled offerings, which may further drive sales.

Enhanced User Experience through AI

Artificial intelligence is becoming a pivotal element in the US Smart TV Market, as manufacturers strive to improve user interaction. Smart TVs are now equipped with advanced features such as voice recognition and personalized content recommendations. This focus on enhancing user experience suggests a shift towards more intuitive and engaging television interfaces, which could attract a broader audience.

Focus on Eco-Friendly Technologies

Sustainability is emerging as a significant consideration in the US Smart TV Market, with manufacturers increasingly adopting eco-friendly technologies. This trend includes the use of energy-efficient components and recyclable materials in production. As consumers become more environmentally conscious, the demand for sustainable products may influence purchasing decisions, prompting brands to prioritize eco-friendly practices.

US Smart TV Market Drivers

Growth of Streaming Services

The proliferation of streaming services is a significant driver in the US Smart TV Market. With platforms like Netflix, Hulu, and Disney+ gaining millions of subscribers, consumers are increasingly seeking devices that provide easy access to these services. As of January 2026, it is estimated that over 80% of US households subscribe to at least one streaming service, which has led to a corresponding increase in smart TV sales. This trend suggests that consumers prefer smart TVs that offer built-in streaming capabilities, eliminating the need for additional devices. Consequently, manufacturers are focusing on enhancing their smart TV offerings to include exclusive content and user-friendly interfaces, further propelling the growth of the US Smart TV Market.

Competitive Pricing Strategies

Competitive pricing strategies are emerging as a crucial driver in the US Smart TV Market. With numerous manufacturers vying for market share, pricing has become a key factor influencing consumer purchasing decisions. As of January 2026, the average price of smart TVs has decreased by approximately 15% over the past two years, making them more accessible to a broader audience. This trend suggests that manufacturers are adopting aggressive pricing tactics to attract price-sensitive consumers, thereby expanding their customer base. Consequently, the US Smart TV Market is likely to experience increased sales volume as more consumers opt for smart TVs that fit their budget, further stimulating market growth.

Advancements in Display Technology

Technological advancements in display technology are significantly influencing the US Smart TV Market. Innovations such as OLED and QLED displays provide superior picture quality, enhancing the viewing experience for consumers. As of January 2026, the market share of OLED TVs in the US is projected to reach 30%, reflecting a growing preference for high-quality displays. These advancements not only attract consumers but also encourage manufacturers to invest in research and development to create even more advanced display technologies. This competitive landscape is likely to drive the overall growth of the US Smart TV Market, as consumers increasingly seek out the latest innovations in visual technology.

Rising Demand for Smart Home Integration

The US Smart TV Market is experiencing a notable surge in demand for devices that seamlessly integrate with smart home ecosystems. As consumers increasingly adopt smart home technologies, the desire for interconnected devices has grown. Smart TVs serve as central hubs, allowing users to control various smart home devices, such as lighting and security systems, from a single interface. According to recent data, approximately 70% of US households are expected to have at least one smart home device by 2026, which could drive further adoption of smart TVs. This trend indicates a shift towards a more integrated lifestyle, where the US Smart TV Market plays a pivotal role in enhancing user convenience and connectivity.

Increased Consumer Awareness of Smart Features

Consumer awareness regarding the benefits of smart features in televisions is on the rise, significantly impacting the US Smart TV Market. As consumers become more informed about functionalities such as voice control, personalized content recommendations, and integration with other devices, the demand for smart TVs is expected to increase. Surveys indicate that nearly 65% of US consumers prioritize smart features when purchasing a new television. This heightened awareness is prompting manufacturers to enhance their product offerings, ensuring that smart TVs are equipped with the latest technologies. As a result, the US Smart TV Market is likely to witness sustained growth as consumers seek devices that align with their evolving preferences.

Market Segment Insights

By Application: Streaming (Largest) vs. Gaming (Fastest-Growing)

In the US Smart TV market, the application segment reveals Streaming as the most significant contributor, showcasing a substantial market share compared to its counterparts such as Gaming, Web Browsing, Social Media, and Video Conferencing. Streaming platforms like Netflix, Hulu, and Amazon Prime Video have become household staples, capturing the attention of consumers and driving the demand for smart TVs equipped with advanced streaming capabilities. Conversely, the Gaming application is emerging as the fastest-growing segment within the market. The rise of cloud gaming services and immersive gaming experiences has spurred increased interest in smart TVs that support high-quality gaming. As gaming consoles and streaming services converge, the demand for smart TVs specifically designed for gaming is expected to surge, highlighting a shift in consumer preferences towards multifunctional devices.

Streaming (Dominant) vs. Gaming (Emerging)

The Streaming application stands as the dominant force in the US Smart TV market, characterized by extensive user engagement and a well-established infrastructure that supports various content providers. Streaming services have evolved to offer high-definition content and personalized viewing experiences, making them central to smart TV usage. Meanwhile, the Gaming application is emerging rapidly, driven by advancements in technology and a growing base of avid gamers who prefer large screen experiences for gaming. This segment is particularly benefiting from the integration of powerful graphics capabilities and low-latency features in smart TVs designed for gaming, positioning it as a key area for growth and innovation.

By Screen Size: 32 to 55 inches (Largest) vs. 56 to 75 inches (Fastest-Growing)

In the US Smart TV Market, screen sizes ranging from 32 to 55 inches dominate the segment, capturing a substantial share of the overall market. Consumers tend to prefer this size for its balance between viewing experience and fitting into various room sizes, making it a popular choice for family entertainment. In contrast, the 56 to 75 inches category is gaining rapid traction among consumers seeking a more immersive viewing experience, particularly for home theater setups. This segment’s rising popularity signals a shift towards larger display options as consumers become more discerning about their entertainment choices. The growth of the 56 to 75 inches segment is driven by increasing consumer demand for larger screens, fueled by the rise of streaming services and immersive content. Home cinema experiences are becoming increasingly important, prompting consumers to invest in larger smart TVs that provide enhanced picture quality and sound. Moreover, advancements in display technologies, such as 4K and OLED, are making larger TVs more appealing, ensuring that they remain a viable option for consumers looking for both quality and size in their entertainment systems.

32 to 55 inches (Dominant) vs. 56 to 75 inches (Emerging)

The 32 to 55 inches screen size segment in the US Smart TV market holds a dominant position, appealing to a wide range of consumers due to its versatility. This size range is particularly favored in smaller living spaces, offering a suitable option for consumers seeking comfort without sacrificing screen quality. On the other hand, the 56 to 75 inches segment is emerging as a compelling choice for those wanting a cinematic experience at home. As technology advances, these larger models are becoming more affordable and feature-rich, incorporating the latest smart capabilities and display innovations. This juxtaposition of size preferences illustrates the evolving landscape of consumer desires, with both segments catering to distinct needs within the market.

By Technology: OLED (Largest) vs. QLED (Fastest-Growing)

In the US Smart TV market, the distribution of technology segments reveals OLED as the largest segment, commanding significant market share along with its premium quality offerings. QLED, on the other hand, is rapidly gaining traction, appealing to consumers looking for high brightness and vibrant colors. LED and MicroLED are also part of the landscape, but their market presence is relatively smaller, focusing on cost-effectiveness and niche applications.

Technology: OLED (Dominant) vs. QLED (Emerging)

OLED technology stands out as the dominant player in the US Smart TV market, known for its exceptional picture quality thanks to pixel-level light control, providing deep blacks and rich colors. It appeals to cinephiles and gaming enthusiasts who prioritize premium visual experiences. Conversely, QLED, recognized as the fastest-growing segment, is popular for its high brightness levels and vivid color reproduction, making it suitable for bright environments. This technology is increasingly being adopted due to its advancements in quantum dot technology, offering consumers a compelling alternative to OLED and driving market competition.

By Resolution: 4K (Largest) vs. 8K (Fastest-Growing)

In the US Smart TV market, the resolution segment displays significant variations among its categories. Currently, 4K resolution holds the largest market share, capturing the attention of consumers due to its enhanced picture quality and affordability. Following closely are Full HD and HD, which, while still relevant, are gradually losing ground as 4K TVs become more mainstream. Meanwhile, 8K resolution, a relatively new entrant, is starting to make waves as technology advances and prices become more accessible.

Resolution: 4K (Dominant) vs. 8K (Emerging)

4K resolution stands as the dominant player in the US Smart TV market, widely preferred by consumers seeking a blend of quality and value. Its popularity can be attributed to wide availability, a broad range of content, and aggressive pricing strategies by manufacturers. In contrast, 8K resolution, though still emerging, is gaining traction due to its unparalleled clarity and the promise of revolutionary viewing experiences. As production costs drop and streaming services begin to offer 8K content, consumers are slowly adopting this advanced technology, positioning 8K as the next frontier in television viewing.

By Price Range: Budget (Largest) vs. Premium (Fastest-Growing)

In the US Smart TV Market, the price range segment is marked by a clear distribution among budget, mid-range, and premium categories. Budget smart TVs hold the largest market share due to their affordability and appeal to cost-conscious consumers. Meanwhile, the mid-range segment captures a significant portion of buyers looking for a balance of quality and price, promoting brand loyalty. The premium segment, while smaller in overall share, is poised for rapid growth as consumers increasingly seek high-end features and advanced technology in their viewing experience.

Budget (Dominant) vs. Premium (Emerging)

The budget segment of the US Smart TV Market is characterized by its extensive variety of brands and models, offering essential smart features at accessible price points. This segment attracts first-time buyers, students, and families looking for cost-effective options without compromising on basic functionalities. On the other hand, the premium segment is emerging as a rapid growth area, fueled by rising consumer interest in high-definition displays, smart integrations, and cutting-edge technology such as 8K resolution and AI enhancements. Premium models are increasingly associated with brand prestige and superior viewing experiences, appealing to affluent consumers who prioritize quality over cost.

Get more detailed insights about US Smart TV Market

Key Players and Competitive Insights

The Smart TV market is characterized by intense competition and rapid technological advancements, driven by consumer demand for enhanced viewing experiences and smart functionalities. Major players such as Samsung Electronics (KR), LG Electronics (KR), and TCL Technology (CN) are at the forefront, each adopting distinct strategies to solidify their market positions. Samsung focuses on innovation, particularly in QLED technology and smart home integration, while LG emphasizes OLED technology and sustainability initiatives. TCL, on the other hand, leverages cost-effective solutions and aggressive pricing strategies to capture market share, particularly among budget-conscious consumers. Collectively, these strategies contribute to a dynamic competitive environment, where differentiation is increasingly based on technology and user experience rather than mere pricing.
Key business tactics within the Smart TV market include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several key players holding substantial market shares. This fragmentation allows for a diverse range of products and price points, catering to various consumer segments. However, the influence of major companies remains significant, as they set trends and standards that smaller players often follow.
In December 2025, Samsung Electronics (KR) announced a partnership with a leading AI firm to enhance its smart TV's voice recognition capabilities. This strategic move is likely to improve user interaction and accessibility, aligning with the growing consumer preference for intuitive technology. By integrating advanced AI features, Samsung aims to differentiate its offerings in a crowded market, potentially increasing customer loyalty and satisfaction.
In November 2025, LG Electronics (KR) unveiled its new line of eco-friendly OLED TVs, which utilize sustainable materials in their production. This initiative not only addresses the increasing consumer demand for environmentally responsible products but also positions LG as a leader in sustainability within the Smart TV sector. The strategic importance of this move lies in its potential to attract environmentally conscious consumers, thereby expanding LG's market reach and enhancing its brand image.
In October 2025, TCL Technology (CN) launched a new series of budget-friendly smart TVs equipped with advanced features typically found in higher-end models. This strategic decision reflects TCL's commitment to democratizing technology and making smart TVs accessible to a broader audience. By offering high-quality features at competitive prices, TCL is likely to strengthen its market position and appeal to price-sensitive consumers, further intensifying competition in the segment.
As of January 2026, current trends in the Smart TV market include a pronounced shift towards digitalization, sustainability, and AI integration. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. The evolution of competitive differentiation appears to be moving away from price-based competition towards a focus on technological innovation, user experience, and supply chain reliability. This shift suggests that companies that prioritize these aspects may gain a competitive edge in the increasingly sophisticated Smart TV market.

Key Companies in the US Smart TV Market include

Industry Developments

In recent months, the US Smart TV Market has witnessed significant developments, particularly with advancements by leading companies such as TCL, Samsung, and LG Electronics. In October 2023, Samsung launched its latest Neo QLED models with enhanced AI capabilities and gaming features to cater to an increasingly competitive landscape. Meanwhile, in September 2023, LG Electronics and Hisense both reported a marked growth in their market shares, attributed to rising demand for larger screen sizes and premium features. Roku gained attention in August 2023 for its expanding partnerships with content providers, bolstering its platform's ecosystem. 

Additionally, the US Smart TV Market has undergone notable mergers, including Amazon's acquisition of MGM Studios in March 2022, which has enriched its content offerings for Smart TV users. Noteworthy trends include the growing emphasis on streaming services, with many consumers prioritizing Smart TVs for their direct access to platforms like Apple TV+ and Google TV. The US market continues adapting to consumers' needs, with companies focusing on innovative features, connectivity, and content, setting the stage for a dynamic future in the Smart TV segment.

Recent government reports emphasized the resilience and growth potential of this market, highlighting its importance in the media ecosystem.

Future Outlook

US Smart TV Market Future Outlook

The US Smart TV Market is projected to grow at a 12.94% CAGR from 2025 to 2035, driven by advancements in display technology, increased content availability, and rising consumer demand for smart features.

New opportunities lie in:

  • Development of integrated advertising platforms for targeted marketing Expansion into subscription-based content services Partnerships with gaming companies for enhanced interactive experiences

By 2035, the Smart TV Market is expected to be robust, driven by innovation and consumer engagement.

Market Segmentation

US Smart TV Market Resolution Outlook

  • HD
  • Full HD
  • 4K
  • 8K

US Smart TV Market Technology Outlook

  • LED
  • OLED
  • QLED
  • MicroLED

US Smart TV Market Application Outlook

  • Streaming
  • Gaming
  • Web Browsing
  • Social Media
  • Video Conferencing

US Smart TV Market Price Range Outlook

  • Budget
  • Mid-Range
  • Premium

US Smart TV Market Screen Size Outlook

  • Less than 32 inches
  • 32 to 55 inches
  • 56 to 75 inches
  • Above 75 inches

Report Scope

MARKET SIZE 2024 39233.63(USD Million)
MARKET SIZE 2025 44851.98(USD Million)
MARKET SIZE 2035 149582.46(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 12.94% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Samsung Electronics (KR), LG Electronics (KR), Sony Corporation (JP), TCL Technology (CN), Vizio Inc (US), Roku Inc (US), Hisense Group (CN), Panasonic Corporation (JP)
Segments Covered Application, Screen Size, Technology, Resolution, Price Range
Key Market Opportunities Integration of advanced streaming services and smart home compatibility in the US Smart Tv Market.
Key Market Dynamics Rising consumer demand for advanced features drives competition among Smart TV manufacturers in the US market.
Countries Covered US
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FAQs

What is the current valuation of the US Smart TV market?

As of 2024, the US Smart TV market was valued at approximately 39,233.63 USD Million.

What is the projected market valuation for the US Smart TV market in 2035?

The US Smart TV market is projected to reach a valuation of around 149,582.46 USD Million by 2035.

What is the expected CAGR for the US Smart TV market during the forecast period 2025 - 2035?

The expected CAGR for the US Smart TV market during the forecast period 2025 - 2035 is 12.94%.

Which companies are the key players in the US Smart TV market?

Key players in the US Smart TV market include Samsung Electronics, LG Electronics, Sony Corporation, TCL Technology, Vizio Inc, Roku Inc, Hisense Group, and Panasonic Corporation.

What are the leading applications driving the US Smart TV market?

The leading applications driving the US Smart TV market include streaming, gaming, web browsing, social media, and video conferencing.

How does the market perform in terms of screen size segments?

In 2024, the market performance by screen size indicated that segments less than 32 inches generated approximately 39,233.63 USD Million.

What technologies dominate the US Smart TV market?

The dominant technologies in the US Smart TV market include LED, OLED, QLED, and MicroLED, with LED leading in market share.

What is the market performance by resolution in the US Smart TV market?

By resolution, the 4K segment was valued at around 20,000 USD Million in 2024, indicating strong consumer preference.

How is the US Smart TV market segmented by price range?

The US Smart TV market is segmented into budget, mid-range, and premium categories, with the premium segment valued at approximately 17,233.63 USD Million in 2024.

What trends are expected to shape the US Smart TV market in the coming years?

Trends likely to shape the US Smart TV market include advancements in technology, increasing demand for larger screens, and enhanced streaming capabilities.

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