US Smart TV Market Size and Share

US Smart TV Market Summary
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US Smart TV Market Analysis by Mordor Intelligence

The US Smart TV market size reached 50.73 million units in 2025 and is forecast to climb to 56.81 million units in 2030, translating into a 2.29% CAGR over the period. End-user demand is shifting toward premium picture quality, integrated streaming ecosystems, and gaming-ready features, even as overall growth moderates in a maturing consumer electronics category. The momentum behind large formats, notably 55-64 inch sets, continues to anchor mainstream volumes, while ultra-large 75-inch-plus screens turn into the primary aspirational purchase. At the same time, panel innovation cycles, 4-stack OLED, mini-LED, and emerging RGB backlighting, are shortening replacement timelines. Platform monetization through connected-TV (CTV) advertising now subsidizes hardware prices, helping brands defend unit share against aggressive price compression from new Chinese entrants. Finally, state-level energy incentives and tightening data-privacy rules both shape product development priorities, underlining the complex regulatory environment surrounding the US Smart TV market.

Key Report Takeaways

  • By screen size, 55–64 inch models led with 34.7% market share in 2024, while 75-inch-and-above models posted the fastest growth at a 2.8% CAGR through 2030.
  • By resolution, 4K UHD captured 54.5% of the US Smart TV market in 2024; 8K UHD leads with a 3.3% CAGR outlook through 2030.
  • By panel technology, LCD/LED captured 61.1% of the US Smart TV market size in 2024, while, OLED generated a 2.9% CAGR forecast, outpacing the broader US Smart TV market size. 
  • By price band, sets priced above USD 2,000 contributed 79.6% of premium-segment revenue in 2024 and are projected to rise at a 2.7% CAGR through 2030.
  • By operating system, Roku OS led with 38.6% of premium-segment revenue in 2024, while Google TV is expected to grow at a 2.7% CAGR through 2030.
  • Samsung, LG, and TCL together held 79.6% of premium-segment revenue in 2024, underscoring concentrated brand strength at the high end. 

Segment Analysis

By Screen Size: Large Formats Cement Aspirational Demand

The 55-64 inch band retained a leading 34.7% shipment share in 2024, confirming its role as the mainstream sweet spot. However, the 75-inch-plus segment is set to grow fastest at 2.8% CAGR, outpacing overall US Smart TV market growth. Early adopters cite immersive gaming and theater-grade streaming as justification for purchasing panels that now cost under USD 2,000 at promotion. Samsung commands roughly one-third of ultra-large formats by leveraging its micro-LED supply chain and aggressive channel promotions. Entry-level sub-45-inch models continue sliding, squeezed by cheap tablets for personal viewing and by mid-sized sets that increasingly fit smaller apartments thanks to bezel minimization. 

Installers report that wireless breakout boxes reduce setup time by almost 40%, accelerating acceptance of wall-mounted 75-inch screens in existing homes. ENERGY STAR data suggest power consumption per square inch is falling faster than panel area is rising, muting electricity-cost objections among energy-conscious buyers. Collectively, these trends mean that large-format displays will remain the headline growth driver inside the US Smart TV market. 

US Smart TV Market: Market Share by Screen Size
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By Resolution: 8K Finds Foothold Through Gaming

4K UHD reached 54.5% shipment share in 2024, having already become table stakes. The nascent 8K segment is projected to post a 3.3% CAGR, aided by AI-upscaling engines that mask source-content scarcity. Microsoft’s Xbox Series X and Sony’s PlayStation 5 Pro both enabled 8K output in 2025 firmware updates, and streaming providers have begun test runs of 8K VOD in limited markets. Upsell tactics pair 8K panels with shorter finance plans to offset sticker shock, ensuring early adopters rotate into the pool every 3-4 years. Full-HD models now survive mainly in hospitality and price-first retail doorbusters. 

OLED providers argue that brightness gains close the perceived advantage of 8K over high-quality 4K HDR, but survey data show that early gamers disproportionately choose 8K sets for their benchmarking bragging rights. As compression codecs mature, bandwidth overhead for 8K streams will fall, removing one of the last technical hurdles to mass deployment. 

By Panel Technology: OLED Narrows the Gap

LCD/LED technology still held 61.1% unit share in 2024, but OLED shipments are growing nearly 30 basis points above the overall US Smart TV market CAGR. LG’s four-stack architecture finally pushes peak HDR brightness above 1,500 nits, silencing the “dim-room only” critique. Meanwhile, Samsung’s quantum-dot OLED line rides cadmium-free certification to mitigate environmental-compliance risk. Mini-LED clusters give premium LCD sets almost OLED-like contrast, blurring distinctions for casual buyers and pushing price-driven segmentation into marketing rather than pure tech specs. Supply-chain hiccups in mini-LED boost OLED’s comparative availability, offering LG and Sony temporary leverage in Q4 product cycles. 

Micro-LED demonstrations at CES 2025 hinted at mainstream form factors, yet wafer yields remain far from commercial economics. In the interim, OLED and mini-LED will continue their two-horse race to define premium tier differentiation inside the US Smart TV market. 

By Price Band: Premium Growth Outpaces Volume

By price band, sets priced above USD 2,000 contributed 79.6% of premium-segment revenue in 2024 and are projected to rise at a 2.7% CAGR through 2030. Samsung and LG together absorbed more than half of that premium revenue, buttressed by panel IP, industrial design, and bundled subscription services. Finance promotions stretch payments over 36-months interest-free, shrinking the delta versus mid-tier monthly outlay. At the other end, sub-USD 500 models face withering margin pressure as TCL and Hisense monetize post-sale via targeted CTV ads rather than hardware markup. 

Energy incentives dovetail with premium offerings: mini-LED backlights can exceed 3000 local-dimming zones without breaching California’s Tier 2 power budget. Premium buyers thus view energy efficiency as added justification for higher upfront spend. In middle bands (USD 1,000-1,999), brands fight to hold differentiation through software exclusives, cloud gaming clients, AI voice control, rather than raw display metrics alone. 

US Smart TV Market: Market Share by Price Band
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Note: Segment shares of all individual segments available upon report purchase

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By Operating System: Platform Wars Define Stickiness

Roku OS still accounts for roughly 38.6% of activated smart screens nationwide, yet Google TV is advancing 2.7% annually on the back of search and YouTube integration. LG’s webOS monetization success has prompted Samsung to relaunch Tizen’s ad-inventory exchange, driving double-digit CPM growth. Amazon’s Fire TV OS funnels Prime-centric household data back into the company’s retail flywheel, giving it an outsized advertising ROI despite smaller unit share. Hisense’s VIDAA U, while a niche player, stresses localized FAST channels to win over cord-cutters seeking free ad-supported programming. 

Cloud gaming is rapidly becoming the operating-system killer feature. Microsoft’s 2025 expansion of Xbox Cloud Gaming to LG and Samsung models handed those brands an immediate 50+ title library without console purchase. As other platforms negotiate similar tie-ups, OS-level differentiation may hinge on latency optimization and controller-pairing simplicity. Simultaneously, state privacy laws could force opt-in prompts that curb data-harvesting depth, threatening the ad ARPU gap between closed and open OS ecosystems. 

Competitive Landscape

The US Smart TV market shows moderate concentration: the top five vendors capture just above 70% of unit shipments, equating to a market-concentration score of 7. Samsung remains revenue leader, leveraging a deep R&D bench and economies of scale in both LCD and OLED substrates. LG’s pivot to platform revenue allowed it to improve unit economics despite ASP pressure. TCL’s vertical integration via TCL CSOT secures cost advantages, enabling aggressive price positioning without eroding gross margin excessively. 

Strategic plays in 2025 center on service bundling. Samsung paired its flagship Neo QLED line with six months of Xbox Game Pass Ultimate, instantly differentiating from price-matched rivals. LG counters with freemium tiers on its webOS Channels FAST service, aiming to double ad impressions per active user. Hisense, intent on graduating from value tier, introduced a 110-inch mini-LED set below USD 3,000, undercutting Korean brands and redefining the ceiling for mainstream big-screen affordability. 

Platform openness is the new battleground. Google and Amazon press for reference-design penetration, courting smaller assemblers to proliferate their OS footprint. Samsung and LG defend proprietary stacks by promising post-purchase feature drops: AI upscaling refinements, free trial gaming portals, and on-device language translation. The tug-of-war will intensify as ad budgets continue reallocating from linear TV to programmatic CTV, with platform control dictating revenue capture. 

US Smart TV Industry Leaders

  1. LG Electronics Inc.

  2. Samsung Electronics Co. Ltd

  3. Sharp Corporation

  4. Sony Group Corporation

  5. Panasonic Holdings Corporation

  6. *Disclaimer: Major Players sorted in no particular order
United States Smart TV Market Concentration
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Recent Industry Developments

  • January 2025: Microsoft and LG expanded Xbox Cloud Gaming to webOS televisions, giving Game Pass Ultimate subscribers direct access to more than 200 titles without a console.
  • January 2025: LG Electronics reported KRW 87.73 trillion FY 2024 revenue, with webOS ad and content sales topping KRW 1 trillion for the first time.
  • November 2024: Microsoft enabled streaming of purchased Xbox Store titles to Samsung Smart TVs, broadening cloud-gaming beyond subscription catalogs.
  • August 2024: Nvidia and Microsoft introduced single-sign-on between GeForce Now and Xbox accounts, streamlining cloud access on Samsung Gaming Hub displays.

Table of Contents for US Smart TV Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rapid 4K/8K upgrade cycle
    • 4.2.2 Built-in streaming and app ecosystems
    • 4.2.3 Surge in larger-than-65" purchases
    • 4.2.4 CTV advertising-revenue sharing with OEMs
    • 4.2.5 Gaming-optimized TV features (VRR, cloud gaming hubs)
    • 4.2.6 Energy-efficiency tax incentives for "ENERGY STAR 9.0" sets
  • 4.3 Market Restraints
    • 4.3.1 Smartphone/tablet viewing cannibalization
    • 4.3.2 Price compression from low-cost Chinese brands
    • 4.3.3 OS-level data-privacy pushback curbing telemetry value
    • 4.3.4 Supply-chain volatility in mini-LED backlights
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry
  • 4.8 Industry Value-Chain Mapping

5. MARKET SIZE AND GROWTH FORECASTS (VOLUME)

  • 5.1 By Screen Size
    • 5.1.1 Up to 45"
    • 5.1.2 45-54"
    • 5.1.3 55-64"
    • 5.1.4 65-74"
    • 5.1.5 75" and Above
  • 5.2 By Resolution Type
    • 5.2.1 HDTV
    • 5.2.2 Full HD
    • 5.2.3 4K UHD
    • 5.2.4 8K UHD
  • 5.3 By Panel Technology
    • 5.3.1 LCD/LED
    • 5.3.2 QLED
    • 5.3.3 OLED
    • 5.3.4 Mini-LED
  • 5.4 By Price Band
    • 5.4.1 less than USD 500
    • 5.4.2 USD 500-999
    • 5.4.3 USD 1,000-1,999
    • 5.4.4 More than USD 2,000
  • 5.5 By Operating System
    • 5.5.1 Roku OS
    • 5.5.2 Google/Android TV
    • 5.5.3 Tizen OS
    • 5.5.4 webOS
    • 5.5.5 Fire TV OS
    • 5.5.6 VIDAA U

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Vendor Market Ranking Analysis
  • 6.5 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.5.1 Samsung Electronics Co., Ltd.
    • 6.5.2 LG Electronics Inc.
    • 6.5.3 Sony Group Corporation
    • 6.5.4 TCL Electronics Holdings Ltd.
    • 6.5.5 VIZIO Holding Corp.
    • 6.5.6 Hisense Group Co., Ltd.
    • 6.5.7 Panasonic Holdings Corporation
    • 6.5.8 Sharp Corporation
    • 6.5.9 Koninklijke Philips N.V.
    • 6.5.10 Skyworth Group Ltd.
    • 6.5.11 Xiaomi Corp.
    • 6.5.12 Amazon.com Inc. (Fire TV Devices)
    • 6.5.13 Apple Inc. (Apple TV & tvOS Integrations)
    • 6.5.14 Haier Smart Home Co., Ltd.
    • 6.5.15 Funai Electric Co., Ltd. (Magnavox/Sanyo)
    • 6.5.16 Westinghouse Electric Corp.
    • 6.5.17 Sceptre Inc.
    • 6.5.18 Insignia Systems Inc. (Insignia TV)
    • 6.5.19 JVC Kenwood Corp.
    • 6.5.20 Pioneer Corp.
    • 6.5.21 Seiki Digital Inc.
    • 6.5.22 Element Electronics LLC
    • 6.5.23 Hitachi Ltd.
    • 6.5.24 LeEco (LeTV)
    • 6.5.25 Metz Consumer Electronics GmbH
    • 6.5.26 B&O A/S (Bang & Olufsen)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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US Smart TV Market Report Scope

By Screen Size
Up to 45"
45-54"
55-64"
65-74"
75" and Above
By Resolution Type
HDTV
Full HD
4K UHD
8K UHD
By Panel Technology
LCD/LED
QLED
OLED
Mini-LED
By Price Band
less than USD 500
USD 500-999
USD 1,000-1,999
More than USD 2,000
By Operating System
Roku OS
Google/Android TV
Tizen OS
webOS
Fire TV OS
VIDAA U
By Screen Size Up to 45"
45-54"
55-64"
65-74"
75" and Above
By Resolution Type HDTV
Full HD
4K UHD
8K UHD
By Panel Technology LCD/LED
QLED
OLED
Mini-LED
By Price Band less than USD 500
USD 500-999
USD 1,000-1,999
More than USD 2,000
By Operating System Roku OS
Google/Android TV
Tizen OS
webOS
Fire TV OS
VIDAA U
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Key Questions Answered in the Report

What is the projected shipment volume for the US Smart TV market in 2030?

Shipments are expected to reach 56.81 million units by 2030.

Which screen-size segment will expand fastest through 2030?

75-inch-and-above sets are forecast to grow at a 2.8% CAGR.

How are TV makers offsetting hardware margin pressure?

They monetize connected-TV ad inventory; LG’s webOS platform, for instance, generated over KRW 1 trillion in 2024 revenue.

Which operating system currently leads U.S. activations?

Roku OS retains the largest footprint, covering roughly 38.6% of active smart screens.

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