Market Insights Consumer Consumer Electronics TV Peripheral Devices

Smart Streaming Devices - G7

In 2024, the revenue in the Smart Streaming Devices market reaches a substantial amount of US$4.5bn.
It is projected to experience a steady annual growth rate of 6.76% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this market, amounting to US$2,731.0m in 2024.
This showcases the strong market dominance of the United States within the Smart Streaming Devices market.
In terms of per capita figures, the revenue generated per person in 2024 stands at US$5.73.
This indicates the average individual contribution to the overall revenue within the Smart Streaming Devices market.
Looking towards the future, the volume of the Smart Streaming Devices market is expected to reach 119.3m pieces units by 2029.
Furthermore, a volume growth of 8.2% is anticipated in 2025, illustrating a positive trajectory for the market.
On an individual level, the average volume per person within the Smart Streaming Devices market is projected to be 0.1pieces units in 2024.
This signifies the average consumption of Smart Streaming Devices market per person within the market.
It is worth noting that these statistics and projections apply to the global market segment of Smart Streaming Devices market, and within the G7 country.
In the G7 country of Japan, the market for Smart Streaming Devices is experiencing rapid growth due to the high demand for innovative technology among tech-savvy consumers.

Key regions: Brazil, Europe, Germany, Worldwide, Canada

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on electronic and digital devices used privately either for entertainment (televisions, game consoles, smart speakers, etc.), communication (telephones, smartphones, etc.) or home-office activities (printers, copiers, etc.).

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, number of internet users, smartphone penetration rate, household number and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.