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    India Smart TV Market

    ID: MRFR/CR/14627-HCR
    128 Pages
    Tejas Chaudhary
    September 2025

    India Smart TV Market Research Report Information By Operating System (Android TV, WebOS, Tizen, Roku, and Other), By Resolution (4K UHD TV, HDTV, Full HD TV, and 8K TV), By Screen Size (Below 32 inches, 32 to 45 inches, 56 to 65 inches, 46 to 55 inches, and Above 65 inches), By Screen Shape (Flat, and Curved), By Distribution Channel (Online, and Offline), By Technology (OLED, QLED, LED, and Others) –Market Forecast Till 2034

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    India Smart TV Market Infographic
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    India Smart TV Market Summary

    The India Smart TV market is projected to grow significantly, reaching 311.0 USD Billion by 2035 from a base of 52.8 USD Billion in 2024.

    Key Market Trends & Highlights

    India Smart TV Key Trends and Highlights

    • The market valuation for India Smart TVs is expected to increase from 52.8 USD Billion in 2024 to 311.0 USD Billion by 2035.
    • The compound annual growth rate (CAGR) for the India Smart TV market is estimated at 17.5% from 2025 to 2035.
    • The rapid expansion of the Smart TV segment indicates a robust consumer demand for advanced viewing technologies.
    • Growing adoption of smart home technologies due to increasing disposable incomes is a major market driver.

    Market Size & Forecast

    2024 Market Size 52.8 (USD Billion)
    2035 Market Size 311.0 (USD Billion)
    CAGR (2025-2035) 17.5%

    Major Players

    Haier Inc., Hisense International, Intex Technologies, Koninklijke Philips N.V, LG Electronics Inc, Panasonic Corporation, Samsung Electronics Co. Ltd, Sansui Electric Co. Ltd, Sony Corporation, TCL Electronics Holdings Limited, Toshiba Visual Solutions

    India Smart TV Market Trends

    Increasing demand for personalized entertainment is driving the market growth

    India smart TV market CAGR is expanding due to rise in the demand for personalized entertainment. The smart TV market is driven by significant factors such as increasing disposable income and instantaneous urbanization. The smart TV market is estimated to rise rapidly over the forecast period because of the surging adoption of advanced technologies. Other significant factors, such as the emergence of smartphone manufacturers such as Xiaomi, OnePlus, and Micromax and the adoption of 4K resolution TV, will cushion the growth rate of the smart TV market.  

    Furthermore, growing customer demand drives the smart TV market revenue. Smart TVs have advanced features and applications compared to conventional televisions. To withstand the fierce competition from various streaming device providers, like Apple and Roku, leading players like Samsung and LG specialize in developing their operating systems. For instance, in December 2021, Samsung Electronics Co. Ltd declared the most delinquent expansion in its ongoing partnership with the streaming considerable Netflix to herald the liberation of the second season of its hit show, Emily in Paris, created by MTV Entertainment Studios.

    Samsung's most delinquent line of premium products is set to push the boundaries of creation, showcasing the brand's ability to integrate style with flagship creation and craftsmanship.

    India

    Market Segment Insights

    India

    The India smart TV market segmentation is based on the operating systems, including Android TV, Tizen, WebOS, Roku, and others. The Android TV segment dominated the market mostly due to the extensive Play Store credentials for application downloads. It also adds voice tracking and content aggregation from numerous media applications and services. The Android TV operating system enables integration with recent Google technologies like Cast, Knowledge Graph, and Assistant.

    Smart TV Resolution Insights

    The India smart TV market segmentation, based on resolution, includes HDTV, 4K UHD TV, full HD TV, and 8K TV. The full HD TV held a major market share owing to the high-definition picture quality and an expansive variety of content helping it. Full HD TVs explain 1920 x 1080 pixels, which has been the market baseline for numerous years. This resolution is prevalent as enormous amounts of existing content advocate the resolution. Streaming content and live sports on this resolution does not deplete high internet bandwidth while delivering an immersive and good-quality viewing understanding.

    India

    The India smart TV market segmentation, based on screen size, includes below 32 inches, 46 to 55 inches, 32 to 45 inches, 56 to 65 inches, and above 65 inches. The 46 to 55 inches held a major market share owing to the increasing trend of buying bigger TVs for a theater-like viewing experience. The segment requirement is attributed to the screen size-to-price value for consumers. It is attractive to viewers as full HD and 4K smart TV prices are decreasing, which in turn is increasing demand. Customers can purchase bigger TVs through favorable financial payment methods such as EMIs.

    India

    The India smart TV market segmentation, based on screen shape, includes flat and curved. The flat TV held a major market share due to its easy manufacturing process. Customers prefer flat-screen smart TVs as they are easier to install on walls by mounting. The need for flat-screen smart TVs is prominent due to their lower cost than curved smart TVs. Furthermore, these TVs offer a larger viewing angle and are less reflective than curved screen shapes.

    Figure 1: India Smart TV Market, by Screen Shape, 2022 & 2032 (USD Billion)

    Source: Primary Research, Market Research Future Database, Secondary Research,  and Analyst Review

    India

    The India smart TV market segmentation, based on distribution channels, includes online and offline. Offline TV held a major market share owing to increasing sales via electronics retailers, independent TV dealers, and distributors. Several customers prefer to purchase electronic products from brick-and-mortar stores as they can directly check the product quality and compare it with similar offerings, directing immediate purchase decisions.

    India

    The India smart TV market segmentation, based on technology, includes OLED, QLED, LED, and others. The OLED held a major market share owing to high customer demand driven by their high-end picture quality. OLED TVs can produce inky black levels, highly saturated colors, smooth motion, and excellent viewing angles. Launching new offerings in this segment is expected to enhance the market.

    India

    The smart TV market is witnessing growth driven by the rising middle-class population, rising disposable incomes, and growing urbanization, which contribute to elevated customer spending on entertainment and technology. Smart TVs deliver seamless access to streaming services, online content, and interactive applications, aligning with the developing media consumption habits of Indian customers. Additionally, affordable data plans and enhanced internet connectivity further drive the adoption of Smart TVs.

    The increasing need for smart home ecosystems and the integration of advanced techniques, including Artificial Intelligence and voice recognition, also play key roles in extending the smart TV market in India, recollecting a tech-savvy and digitally connected customer base.

    Get more detailed insights about India Smart TV Market Research Report – Forecast till 2034

    Key Players and Competitive Insights

    Prominent market participants are investing heavily in R&D to enhance their product lines, allowing the smart TV market to expand even more. Market players are also undertaking different strategic activities to expand their footprint, with substantial market developments such as new product establishment, mergers and acquisitions, contractual agreements, and collaboration with other organizations. The smart TV industry must deliver cost-effective items to extend and stay in a more competitive and rising market climate.

    Major players in the smart TV market are attempting to expand market demand by investing in research and development operations, including Haier Inc., Intex Technologies, Koninklijke Philips N.V., LG Electronics, Panasonic Corporation, Samsung Electronics Co. Ltd, Sansui Electric Co. Ltd, Sony Corporation, TCL Electronics Holdings Limited, Toshiba Solutions, and Hisense International.

    Key Companies in the India Smart TV Market market include

    Industry Developments

    • Q2 2025: On May 7, 2025, Samsung, India’s largest consumer electronics brand, announced the launch of its ultra-premium 2025 models of Neo QLED 8K, Neo QLED 4K, OLED, QLED TVs, and The Frame lineup, bringing the revolutionary Samsung Vision AI technology to Indian consumers. Samsung launched its 2025 lineup of premium smart TVs in India, including Neo QLED 8K, Neo QLED 4K, OLED, QLED, and The Frame models, all featuring the new Samsung Vision AI technology aimed at enhancing user experience with advanced AI capabilities.

    India

    Market Segmentation

    Smart TV Resolution Outlook

    • 4K UHD TV
    • HDTV
    • Full HD TV
    • 8K TV

    Smart TV Technology Outlook

    • OLED
    • QLED
    • LED
    • Others

    Smart TV Screen Size Outlook

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

    Smart TV Screen Shape Outlook

    • Flat
    • Curved

    India Smart TV Resolution Outlook

    • 4K UHD TV
    • HDTV
    • Full HD TV
    • 8K TV

    India Smart TV Technology Outlook

    • OLED
    • QLED
    • LED
    • Others

    Smart TV Operating System Outlook

    • Android TV
    • Tizen
    • WebOS
    • Roku
    • Other

    India Smart TV Screen Size Outlook

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

    India Smart TV Screen Shape Outlook

    • Flat
    • Curved

    Smart TV Distribution Channel Outlook

    • Online
    • Offline

    India Smart TV Operating System Outlook

    • Android TV
    • Tizen
    • WebOS
    • Roku
    • Other

    India Smart TV Distribution Channel Outlook

    • Online
    • Offline

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 USD 52.76 Billion
    Market Size 2025 USD 61.99 Billion
    Market Size 2034 USD 264.69 Billion
    Compound Annual Growth Rate (CAGR) 17.5% (2025-2034)
    Base Year 2024
    Market Forecast Period 2025-2034
    Historical Data 2019- 2023
    Market Forecast Units Value (USD Billion)
    Report Coverage Growth Factors, Revenue Forecast, Market Competitive Landscape, and Trends
    Segments Covered Resolution, Screen Size, Screen Shape, Operating System, Distribution Channel, Technology, and Region
    Countries Covered India
    Key Companies Profiled Haier Inc., Koninklijke Philips N.V., Sony Corporation, LG Electronics, Samsung Electronics Co. Ltd, Panasonic Corporation, Intex Technologies, Sansui Electric Co. Ltd, TCL Electronics Holdings Limited, Toshiba Solutions, and Hisense International
    Key Market Opportunities The expanded popularity of content on over-the-top (OTT) services
    Key Market Dynamics Increasing demand for personalized entertainment Increasing demand for Smart TV solutions

    FAQs

    How much is the smart TV market?

    The India smart TV market size was esteemed at USD 44.90 Billion in 2023.

    What is the expansion rate of the smart TV market?

    The market is projected to extend at a CAGR of 17.5% during the forecast period, 2025-2034.

    Who are the prominent players in the smart TV market?

    The major players in the market are Haier Inc., Intex Technologies, Koninklijke Philips N.V., Panasonic Corporation, LG Electronics, Samsung Electronics Co. Ltd, Sony Corporation, TCL Electronics Holdings Limited, Sansui Electric Co. Ltd, Toshiba Solutions, and Hisense International.

    Which operating system led the smart TV market?

    The Android TV category dominated the market in 2023.

    Which resolution had the largest market share in the smart TV market?

    The full HD category had the largest share in the market.

    Which screen size led the smart TV market?

    The 46 to 55-inch category dominated the market in 2023.

    Which screen shape had the most extensive market share in the smart TV market?

    The flat category had the largest share of the market.

    Which distribution channel had the most extensive market share in the smart TV market?

    The offline category had the largest share of the market.

    Which technology had the most extensive market share in the smart TV market?

    The OLED category had the largest share of the market.

    India Smart TV Market Research Report – Forecast till 2034 Infographic
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