Global Casting Devices Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The “Global Casting Devices Market - Segmented by Type (Game Consoles, Media Streamers, and Smart TVs), Application, End User, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global Casting Devices market is expected to witness a growth rate of 16.35% during the forecast period, 2018-2023.
Casting devices are connected, unmanaged devices whose principal purpose is to receive on-demand content via internet, and display it on a screen. The increasing demand for convenient and cost-effective methods to access entertainment content with a lean back experience is impacting the growth of casting devices. The emergence of several technologies, such as 4K resolution, along with broadband access, will improve the demand of the casting devices, globally.
An increased spending on electronic goods by consumers is a prime factor that is expected to increase the growth prospects of the market. In addition, high adoption of smart TVs in emerging markets and increased market penetration of the internet are other factors that are driving the market growth. Increased adoption of smart TVs in advertising is helping advertisers in expanding their consumer base.
US is expected to occupy the major share in the market, majorly due to the tech savvy population in this region. It is expected that by the end of 2020, approximately 30% of the households in the region that have internet connections will be using streaming media devices, in order to stream the content played on TV.
Companies MentionedMicrosoft Corporation Google Inc. Sony Corporation Roku Inc. Samsung Electronics Co. Ltd ASUSTeK Computer Inc. LG Electronics Inc. Apple Inc. Philips Electronics Hisense Co. Ltd Panasonic Corporation Nvidia Corporation TTE Technology Inc. Ignite Technologies Inc.
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Casting Devices Market - Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Outlook of Casting Devices Market
For more information about this report visit https://www.researchandmarkets.com/research/gm9d9r/global_casting?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005795/en/
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Related Topics:Gaming,Televisions and Television Services,Video Games and Consoles
INDUSTRY KEYWORD: ENTERTAINMENT ELECTRONIC GAMES TV AND RADIO TECHNOLOGY CONSUMER ELECTRONICS HARDWARE INTERNET FILM & MOTION PICTURES ONLINE
SOURCE: Research and Markets
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PUB: 05/16/2018 09:15 AM/DISC: 05/16/2018 09:15 AM