Nigeria Smart Tv Market Size & Outlook, 2024-2030
Nigeria smart tv market, 2018-2030 (US$M)
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Nigeria smart tv market highlights
- The Nigeria smart tv market generated a revenue of USD 1,454.3 million in 2024 and is expected to reach USD 4,349.4 million by 2030.
- The Nigeria market is expected to grow at a CAGR of 20% from 2025 to 2030.
- In terms of segment, 4k uhd tv was the largest revenue generating resolution in 2024.
- Full HD TV is the most lucrative resolution segment registering the fastest growth during the forecast period.
Smart tv market data book summary
| Market revenue in 2024 | USD 1,454.3 million |
| Market revenue in 2030 | USD 4,349.4 million |
| Growth rate | 20% (CAGR from 2024 to 2030) |
| Largest segment | 4k uhd tv |
| Fastest growing segment | Full HD TV |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 4K UHD TV, HDTV, Full HD TV, 8K TV |
| Key market players worldwide | Haier Smart Home Co Ltd ADR, Hisense Home Appliances Group Co Ltd Class H, Koninklijke Philips NV, LG Electronics Inc ADR, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Sony Group Corp ADR, Intex Technologies, Sansui Electric Co.Ltd., TVS REGZA Corporation |
Other key industry trends
- In terms of revenue, Nigeria accounted for 0.8% of the global smart tv market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa smart tv market is projected to lead the regional market in terms of revenue in 2030.
- Nigeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4,349.4 million by 2030.
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Smart TV Market Scope
Smart TV Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Nigeria smart tv market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart tv market will help companies and investors design strategic landscapes.
4k uhd tv was the largest segment with a revenue share of 55.8% in 2024. Horizon Databook has segmented the Nigeria smart tv market based on 4k uhd tv, hdtv, full hd tv, 8k tv covering the revenue growth of each sub-segment from 2018 to 2030.
- Nigeria Smart TV Resolution Outlook (Revenue, USD Million, 2018-2030)
- 4K UHD TV
- HDTV
- Full HD TV
- 8K TV
- Nigeria Smart TV Screen Size Outlook (Revenue, USD Million, 2018-2030)
- Below 32 inches
- 32 to 45 inches
- 46 to 55 inches
- 56 to 65 inches
- Above 65 inches
- Nigeria Smart TV Screen Shape Outlook (Revenue, USD Million, 2018-2030)
- Flat
- Curved
- Nigeria Smart TV Operating System Outlook (Revenue, USD Million, 2018-2030)
- Android TV
- Tizen
- WebOS
- Roku
- Other
- Nigeria Smart TV Techology Outlook (Revenue, USD Million, 2018-2030)
- OLED
- QLED
- LED
- Others
- Nigeria Smart TV Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
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Target buyers of Nigeria smart tv market databook
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Our clientele includes a mix of smart tv market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Nigeria smart tv market , including forecasts for subscribers. This country databook contains high-level insights into Nigeria smart tv market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Nigeria smart tv market size, by resolution, 2018-2030 (US$M)
Nigeria Smart TV Market Outlook Share, 2024 & 2030 (US$M)
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