India Television Market to Cross USD 9 Bn by Late 2021, Predicts TechSci Research in Its New Report Published at MarketPulishers.com09 Dec 2016 • by Natalie Aster
LONDON – Nowadays, television is recognized as an integral part of everyday life in the modern world. During the recent years, the television industry in India experienced numerous technological advancements and witnessed a slew of innovations.
Furthermore, India’s television market is expected to gain momentum at a fast pace through 2021. Robust growth in the national television sector will likely be encouraged by increasing middle class population, rising disposable incomes and increasing number of nuclear family in the country.
Today, consumers in India give preference to big screen TVs given better viewing experience. To benefit from the rising demand, manufacturers in the country introduce TVs with additional features, for instance, 3D, at affordable prices. This will likely spur the country’s television market growth in the offing.
The Indian television market is likely to exceed USD 9 billion by late 2021.
As of the previous year, India’s television market was dominated by the LED TV segment, which is driven by numerous advantages and benefits provided by LED televisions. Furthermore, this segment is set to keep on holding the dominant position in the country’s market in the years to come.
Top companies active in India’s television market comprise, amid others, Samsung, Panasonic, Sony, Videocon and LG.
New in-demand research report “India Television Market By Type, By Resolution, Forecast & Opportunities, 2021” created by TechSci Research offers a deep review of the current situation in the Indian television market, providing a detailed segmental analysis (by type and resolution) and examining the market dynamics. The study uncovers the market size, shares, trends, emerging opportunities, etc.; traces light on regulatory landscape, includes a holistic overview of the competitive scenario and comprises reliable data on 10 leading market players. Moreover, the report discusses buyers’ specific needs, identifies future growth areas and presents future forecasts for India’s television market through 2021.
Other novel research reports by TechSci Research are available in the publisher's catalogue at MarketPulishers.com.