Media streamer market shows pockets of growth despite overall decline
The media streamer market continues to face some serious challenges, as the combination of a weak economic climate and the growing ownership of smart TVs continues to exert downward pressure on sales. However, despite the decline, a new report from Futuresource Consulting identifies several areas of opportunity.
TV shipments to fall by 4.1% in 2023 due to weak macroeconomic conditions
TV sales remained weak during the first half of 2023 due to poor global macroeconomic conditions and out-of-sync product replacement cycles following unprecedented demand in major markets during 2020. Through the second half of 2023, Futuresource expects demand trends for TVs to remain sluggish as the economy continues to stabilise.