Smart Streaming Devices - United States

United States

Highlights

The United States dominates the Smart Streaming Devices market, generating a staggering revenue of US$2.7bn in 2024.
This accounts for the majority of the global revenue in this market segment.
Looking at the revenue per person, United States stands out again, with per person revenues reaching US$8.07 in 2024.
This indicates a lucrative market with strong consumer demand for smart streaming devices.
The Smart Streaming Devices market is projected to experience steady growth, with an annual growth rate of 6.25% (CAGR 2024-2029).
By 2029, the volume of the market is expected to reach 70.6m pieces units.
In the following year, 2025.0, the market is forecasted to grow by 7.5% in terms of volume.
This indicates a positive trend and suggests that the demand for smart streaming devices will continue to rise.
On average, each person United States is expected to own 0.2pieces smart streaming devices in 2024.
This figure highlights the popularity and widespread adoption of these devices in the country.
Overall, the Smart Streaming Devices market United States is a thriving and lucrative industry, with strong revenue figures and a positive growth outlook.
The United States is experiencing a surge in demand for smart streaming devices as consumers seek convenient and high-quality entertainment options.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

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.