Market Forecast By Screen Type (28 to 40 inch, 41 to 59 inch, 60 inch & above), By Pannel Type (LED, OLED, QLED, Others), By Resolution Type (HD TV, Full HD TV, 4K UHD TV, 8K TV), By Distribution Channel (Direct, Indirect), By End Use (Commercial, Residential, Others) And Competitive Landscape
Product Code: ETC012252 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Egypt Smart Tv market currently, in 2023, has witnessed an HHI of 4034, Which has increased moderately as compared to the HHI of 3336 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In the year 2021, China was the largest exporter in terms of value, followed by Areas, nes. It has registered a decline of -58.92% over the previous year. While Areas, nes registered a growth of 32865.04% as compared to the previous year. In the year 2017, China was the largest exporter followed by France. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Egypt has a Herfindahl index of 3336 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 2744 which signifies high concentration in the market.
Egypt Smart TV Market is growing effortlessly and there are many developments going on in this market that support the market growth. The industry in the country is experiencing growth as it is driven by the growing middle class, growing disposable incomes, and the growing trend of digital entertainment consumption. The growing availability of cost-effective internet services as well as internet infrastructure also contributes to smart Tv adoption. People in the country seek more connected entertainment options with easy access to social media, as well as online streaming platforms. It is with the aid of smart technology that these smart TVs are evolving in the country. Manufacturers in the industry incorporate features like HDR (High Dynamic Range), integration with smart home ecosystems, voice control, 4K resolution, and AI-powered interfaces.
Egypt Smart TV Market report thoroughly covers the market by screen type, panel type, resolution type, distribution channel, and end-use. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt Smart TV Market is anticipated to rise more in the near future since the demand for smart TVs is growing more in the country. Smart TVs offer better experiences and features to users which significantly contribute to the market growth.
According to 6Wresearch, Egypt Smart TV Market size is projected to boost more during 2020–2026. Since the economy in the country continues to grow, is a rise in disposable income among the population. This augmented purchasing power contributes to the demand for smart TVs since consumers seek to upgrade their entertainment alternatives. The country has witnessed a major increase in internet penetration. With more people attaining access to high-speed internet connections, there are high opportunities for consumers to enjoy online streaming services as well as digital content on these advanced TVs. The nation is undergoing a virtual transformation, with a focus on developing smart cities as well as infrastructure. As urbanization in the country increases, there is a growing demand for connected devices, including smart TVs. There is a rising trend of consumers shifting from conventional cable or satellite TV to digital streaming services. Smart TVs have the potential to offer access to popular streaming platforms like YouTube, Netflix, and local content providers in the nation. Smart TV manufacturers in the country continue to come up with technological advancements that improve the viewing experience. All these factors have been contributing to the Egypt Smart TV Market Growth.
There was a significant increase in demand for smart TVs in the country during the coronavirus pandemic. Due to the lockdown and strict restrictions on outside activities, people were spending more time at their homes, which led to increased demand for smart TVs in the country. The pandemic caused many disruptions in supply chains, impacted the distribution and production of consumer electronics, and it also included smart TVs. Reduced incomes, job losses, and tension among people led to changes in consumer spending options. Some consumers during the pandemic prioritize crucial items over non-essential ones.
Some crucial companies running their business in this propelling market are:
This industry has been rising significantly in the nation and it is estimated to rise more in the near future. Internet penetration is one of the key reasons which is stimulating the growth of this market in the nation. It is owing to the internet that manufacturers are coming up with smart TVs so people can directly connect their other devices to smart TVs for a better screening experience. With more people attaining access to high-speed internet connections, there are high opportunities for consumers to enjoy online streaming services as well as digital content on these advanced TVs. People in the country seek more connected entertainment options with easy access to social media, as well as online streaming platforms.
According to Parth, Senior Research Analyst, 6Wresearch, the 4K segment has more chances to grow in the near future. The 8K segment will also propel in the years to come.
Based on distribution channels, the Smart TV Market in Egypt is divided into offline and online. The online segment will rise in the near future.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Smart TV Market Overview |
3.1 Egypt Smart TV Market Revenues & Volume, 2016 - 2026F |
3.2 Egypt Smart TV Market - Industry Life Cycle |
3.3 Egypt Smart TV Market - Porter's Five Forces |
3.4 Egypt Smart TV Market Revenues & Volume Share, By Screen Type, 2019 & 2026F |
3.5 Egypt Smart TV Market Revenues & Volume Share, By Pannel Type, 2019 & 2026F |
3.6 Egypt Smart TV Market Revenues & Volume Share, By Resolution Type, 2019 & 2026F |
3.7 Egypt Smart TV Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
3.8 Egypt Smart TV Market Revenues & Volume Share, By End Use, 2019 & 2026F |
4 Egypt Smart TV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Smart TV Market Trends |
6 Egypt Smart TV Market Segmentation |
6.1 Egypt Smart TV Market, By Screen Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Smart TV Market Revenues & Volume, By Screen Type, 2016 - 2026F |
6.1.3 Egypt Smart TV Market Revenues & Volume, By 28 to 40 inch, 2016 - 2026F |
6.1.4 Egypt Smart TV Market Revenues & Volume, By 41 to 59 inch, 2016 - 2026F |
6.1.5 Egypt Smart TV Market Revenues & Volume, By 60 inch & above, 2016 - 2026F |
6.2 Egypt Smart TV Market, By Pannel Type |
6.2.1 Overview and Analysis |
6.2.2 Egypt Smart TV Market Revenues & Volume, By LED, 2016 - 2026F |
6.2.3 Egypt Smart TV Market Revenues & Volume, By OLED, 2016 - 2026F |
6.2.4 Egypt Smart TV Market Revenues & Volume, By QLED, 2016 - 2026F |
6.2.5 Egypt Smart TV Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 Egypt Smart TV Market, By Resolution Type |
6.3.1 Overview and Analysis |
6.3.2 Egypt Smart TV Market Revenues & Volume, By HD TV, 2016 - 2026F |
6.3.3 Egypt Smart TV Market Revenues & Volume, By Full HD TV, 2016 - 2026F |
6.3.4 Egypt Smart TV Market Revenues & Volume, By 4K UHD TV, 2016 - 2026F |
6.3.5 Egypt Smart TV Market Revenues & Volume, By 8K TV, 2016 - 2026F |
6.4 Egypt Smart TV Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Egypt Smart TV Market Revenues & Volume, By Direct, 2016 - 2026F |
6.4.3 Egypt Smart TV Market Revenues & Volume, By Indirect, 2016 - 2026F |
6.5 Egypt Smart TV Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Egypt Smart TV Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.5.3 Egypt Smart TV Market Revenues & Volume, By Residential, 2016 - 2026F |
6.5.4 Egypt Smart TV Market Revenues & Volume, By Others, 2016 - 2026F |
7 Egypt Smart TV Market Import-Export Trade Statistics |
7.1 Egypt Smart TV Market Export to Major Countries |
7.2 Egypt Smart TV Market Imports from Major Countries |
8 Egypt Smart TV Market Key Performance Indicators |
9 Egypt Smart TV Market - Opportunity Assessment |
9.1 Egypt Smart TV Market Opportunity Assessment, By Screen Type, 2019 & 2026F |
9.2 Egypt Smart TV Market Opportunity Assessment, By Pannel Type, 2019 & 2026F |
9.3 Egypt Smart TV Market Opportunity Assessment, By Resolution Type, 2019 & 2026F |
9.4 Egypt Smart TV Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
9.5 Egypt Smart TV Market Opportunity Assessment, By End Use, 2019 & 2026F |
10 Egypt Smart TV Market - Competitive Landscape |
10.1 Egypt Smart TV Market Revenue Share, By Companies, 2019 |
10.2 Egypt Smart TV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |