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: ETC012226 | 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 | |
Malaysia Smart Tv market currently, in 2023, has witnessed an HHI of 2517, Which has increased slightly as compared to the HHI of 2295 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 China, and Hong Kong SAR. It has registered a growth of 49% over the previous year. While China, Hong Kong SAR registered a growth of 4.45% as compared to the previous year. In the year 2017, China was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Malaysia has a Herfindahl index of 1581 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 2417 which signifies moderately concentrated in the market.
Malaysia Smart TV Market is thriving at a faster pace and the market will achieve more growth in the near future. In Malaysia, the smart TV market has seen a rising penetration, driven by the factors like rising internet connectivity, consumer demand for connected and more attractive entertainment experiences, and falling prices. Manufacturers in the market have been enhancing their product offerings with advanced technologies and this enables the market to propel more. These technologies include HDR (High Dynamic Range) for improved picture quality, higher screen resolutions (such as 4K and 8K), and faster processors in order to support seamless multitasking and streaming. Smart TVs are being integrated into broader smart home ecosystems. Smart TVs have seen more growth due to the emergence of video streaming platforms like Netflix, Disney+, YouTube, and Amazon Prime Video. These factors expanded the Malaysia Smart TV Market Growth.
Malaysia Smart TV Market report thoroughly covers the market by screen type, by panel type, by resolution, by distribution channel, and by end-use. The Smart TV Market outlook report provides an unbiased and detailed analysis of the ongoing Smart TV 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.
Malaysia Smart TV Market has been growing and will continue to grow in the upcoming years owing to the expansion of streaming services, smart user interfaces, AI integration ad voice control, and integration with smart home ecosystems. These factors have been playing a major role in the market progression.
According to 6Wresearch, the Malaysia Smart TV Market size is estimated to propel more during 2020–2026. The market in the country is progressing at a higher pace and the major reason behind this is the changing preferences of people. There is no wonder that smart TVs are becoming popular and they are integrated into broader smart home ecosystems. These TVs can serve as a central hub for controlling other smart devices like thermostats, lighting systems, as well as security cameras, developing a more convenient and integrated home experience. With the emergence of video streaming platforms like Amazon Prime Video, Disney+, and Netflix, smart TVs have become increasingly popular devices for enjoying and accessing these services. Manufacturers of the market have focused on integrating many streaming apps directly into their smart TV platforms in order to provide easy access to a wide range of content.
The demand for smart TVs during the pandemic increased more since people during the pandemic had to spend more time indoors with their families and in that situation, they needed some device through which they can get entertained and the demand for smart TVs expanded. The Malaysia Smart TV Market Share increase effectively when the pandemic hit. Smart TVs saw a surge not just in Malaysia but around the world, which gave a boost to the market even during the most difficult time. The market will continue to propel more in the future as it is the best source of entertainment.
The number of players running in this market is big but only a few players have dominance over the market and these players include:
The future of the Smart TV Market in Malaysia is promising since the market is propelling more as manufacturers in the market are incorporating new technologies to offer the best features which give users the best experience. Users can now stream videos, movies, and their favorite shows. The market in the country is thriving. With the emergence of smart TVs, conventional TVs are getting vanished from the market as no one prefers to buy those TVs. The demand for these TVs will propel more in the near future. The future of this market will be bright since key players in the market have been making the best strategies and efforts in order to come up with products that can give people a good experience.
According to Dhaval, Research Manager, 6Wresearch, the 4K smart TV segment will thrive in the market and this segment is still thriving due to its higher demand in the nation.
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 Malaysia Smart TV Market Overview |
3.1 Malaysia Smart TV Market Revenues & Volume, 2016 - 2026F |
3.2 Malaysia Smart TV Market - Industry Life Cycle |
3.3 Malaysia Smart TV Market - Porter's Five Forces |
3.4 Malaysia Smart TV Market Revenues & Volume Share, By Screen Type, 2019 & 2026F |
3.5 Malaysia Smart TV Market Revenues & Volume Share, By Pannel Type, 2019 & 2026F |
3.6 Malaysia Smart TV Market Revenues & Volume Share, By Resolution Type, 2019 & 2026F |
3.7 Malaysia Smart TV Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
3.8 Malaysia Smart TV Market Revenues & Volume Share, By End Use, 2019 & 2026F |
4 Malaysia Smart TV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Smart TV Market Trends |
6 Malaysia Smart TV Market Segmentation |
6.1 Malaysia Smart TV Market, By Screen Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Smart TV Market Revenues & Volume, By Screen Type, 2016 - 2026F |
6.1.3 Malaysia Smart TV Market Revenues & Volume, By 28 to 40 inch, 2016 - 2026F |
6.1.4 Malaysia Smart TV Market Revenues & Volume, By 41 to 59 inch, 2016 - 2026F |
6.1.5 Malaysia Smart TV Market Revenues & Volume, By 60 inch & above, 2016 - 2026F |
6.2 Malaysia Smart TV Market, By Pannel Type |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Smart TV Market Revenues & Volume, By LED, 2016 - 2026F |
6.2.3 Malaysia Smart TV Market Revenues & Volume, By OLED, 2016 - 2026F |
6.2.4 Malaysia Smart TV Market Revenues & Volume, By QLED, 2016 - 2026F |
6.2.5 Malaysia Smart TV Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 Malaysia Smart TV Market, By Resolution Type |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Smart TV Market Revenues & Volume, By HD TV, 2016 - 2026F |
6.3.3 Malaysia Smart TV Market Revenues & Volume, By Full HD TV, 2016 - 2026F |
6.3.4 Malaysia Smart TV Market Revenues & Volume, By 4K UHD TV, 2016 - 2026F |
6.3.5 Malaysia Smart TV Market Revenues & Volume, By 8K TV, 2016 - 2026F |
6.4 Malaysia Smart TV Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Smart TV Market Revenues & Volume, By Direct, 2016 - 2026F |
6.4.3 Malaysia Smart TV Market Revenues & Volume, By Indirect, 2016 - 2026F |
6.5 Malaysia Smart TV Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Malaysia Smart TV Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.5.3 Malaysia Smart TV Market Revenues & Volume, By Residential, 2016 - 2026F |
6.5.4 Malaysia Smart TV Market Revenues & Volume, By Others, 2016 - 2026F |
7 Malaysia Smart TV Market Import-Export Trade Statistics |
7.1 Malaysia Smart TV Market Export to Major Countries |
7.2 Malaysia Smart TV Market Imports from Major Countries |
8 Malaysia Smart TV Market Key Performance Indicators |
9 Malaysia Smart TV Market - Opportunity Assessment |
9.1 Malaysia Smart TV Market Opportunity Assessment, By Screen Type, 2019 & 2026F |
9.2 Malaysia Smart TV Market Opportunity Assessment, By Pannel Type, 2019 & 2026F |
9.3 Malaysia Smart TV Market Opportunity Assessment, By Resolution Type, 2019 & 2026F |
9.4 Malaysia Smart TV Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
9.5 Malaysia Smart TV Market Opportunity Assessment, By End Use, 2019 & 2026F |
10 Malaysia Smart TV Market - Competitive Landscape |
10.1 Malaysia Smart TV Market Revenue Share, By Companies, 2019 |
10.2 Malaysia Smart TV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |