Global Smart TV Market to Pass $451B by 2030, Says Report

The global smart TV market will reach $451.6 billion by 2030, said a Wednesday Grand View Research report. 4K TVs will grow at the highest compound annual growth rate (CAGR) in the category, 12%, on rising demand for high-resolution content in entertainment and live sports, the report said. TVs 65 inches and larger will be the top growth category in screen size, and Grand View expects the Roku operating system to lead connected TV platforms in CAGR. Android TV accounted for the largest market revenue among TV operating systems last year, it said.