The global smart HD TV market size was USD 148.1 billion in 2020 and is expected to register a CAGR of 30.2% during the forecast period. Estimates shows that 271.2 million units were shipped in 2020. Major factors driving smart HD TV market revenue growth include shifting consumer preference for OTT video streaming services, increasing demand for smart connect devices and wider internet penetration that has made smart TVs a more viable option.

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