India Smart TV Market is Projected to Grow at a CAGR of 4.7% During the Forecast Period (2017-2025)

Posted on 2018-08-07 by Goldstein Research in Entertainment // 0 Comments

New York, USA, 2018-Aug-07 — /EPR Network/ —According to Goldstein Research, with an upsurge in consumers’ disposable incomes, the demand for Smart TVs has shot up, contributing around 18-20% to sales in India’s electronics sector. Further, India’s TV market demand is progressively flowing from the low-end to high-end, with the significant improvement of products, the smart TV will accelerate the popularity. India Smart TV market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for a significant expansion of business in the country.

For instance, Smart TV market leader Samsung has declined its television prices by up to 20% for the first time with the maximum cut in the entry-level models of large screen sizes, probably fearing an assault from Chinese brands led by Xiaomi.

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Market Segmentation

On the basis of our in-depth analysis, India Smart TV market can be segmented as follows:

By Screen Type

Flat Screen
Curved Screen

By Display Type

LCD (Liquid Crystal Display)
LED (Light Emitting Diodes)
Plasma
OLED (Organic Light Emitting Diode)
QLED (Quantum Dot LED)

By Resolution Type

4K UHD TV
HDTV
Full HD TV
8K TV

By Screen Size

Below 32 inches
32 to 45 inches
46 to 55 inches
56 to 65 inches
Above 65 inches

By Distribution Channel

Online
Offline

By End-User

Residential
Commercial
Industrial

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“India Smart TV Market Outlook 2024” contains a detailed overview of the India Smart TV market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by screen type, by the display, by resolution, by screen size, by distribution channel and by end users.

Further, for the in-depth analysis, India Smart TV Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Sony, Samsung, LG Electronics, Panasonic, Koninklijke Philips N.V., Haier Consumer Electronics Group etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the India Smart TV market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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