• Latest
India's Smart TV Shipments Decline 14% in Q1 Amid Demand Slowdown: Report

India’s Smart TV Shipments Decline 14% in Q1 Amid Demand Slowdown: Report

May 30, 2024
Pawan Demands Justice for Sanatana Dharma

Pawan Demands Justice for Sanatana Dharma

June 1, 2025
Revanth Reddy Plans Hi-Tech Cowsheds Across Telangana

Revanth Reddy Plans Hi-Tech Cowsheds Across Telangana

June 1, 2025
CM Revanth Gets Akhil’s Wedding Invite from Nagarjuna

CM Revanth Gets Akhil’s Wedding Invite from Nagarjuna

June 1, 2025
Dhanush, Aishwaryaa Celebrate Yathra’s Graduation

Dhanush, Aishwaryaa Celebrate Yathra’s Graduation

June 1, 2025
AP Police Foil Chilling Terror Plot: Siraj's Plan to Spark Chaos Across India Exposed

AP Police Foil Chilling Terror Plot: Siraj’s Plan to Spark Chaos Across India Exposed

June 1, 2025
Opal Suchata Makes History as Miss World 2025

Opal Suchata Makes History as Miss World 2025

June 1, 2025
Anjaneyulu’s Health Worsens in Custody, Vamsi Also Admitted

Anjaneyulu’s Health Worsens in Custody, Vamsi Also Admitted

May 31, 2025
Sajjala Hits Out at Naidu’s 'Red Book' Rule

Sajjala Hits Out at Naidu’s ‘Red Book’ Rule

May 31, 2025
Srileela’s Bridal Look Sparks Buzz—Real Wedding or Reel Twist?

Srileela’s Bridal Look Sparks Buzz—Real Wedding or Reel Twist?

May 31, 2025
Rohit Sharma Crosses 7000 Runs, 300 Sixes in IPL Masterclass

Rohit Sharma Crosses 7000 Runs, 300 Sixes in IPL Masterclass

May 31, 2025
Vamsi Hospitalised; Tensions Erupt at Vijayawada Hospital

Vamsi Hospitalised; Tensions Erupt at Vijayawada Hospital

May 31, 2025
Jaishankar, Cyprus FM Deepen Strategic Ties Amid Global Anti-Terror Diplomacy Drive

Jaishankar, Cyprus FM Deepen Strategic Ties Amid Global Anti-Terror Diplomacy Drive

May 31, 2025
Sunday, June 1, 2025
  • Login
CredTimes.com : Formerly known as TollywoodTimes.com
720 X 90 Advertisement
ADVERTISEMENT
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
CredTimes.com : Formerly known as TollywoodTimes.com
Home Business

India’s Smart TV Shipments Decline 14% in Q1 Amid Demand Slowdown: Report

Rajeshwari R by Rajeshwari R
May 30, 2024
in Business, Technology
Reading Time: 2 mins read
0
India's Smart TV Shipments Decline 14% in Q1 Amid Demand Slowdown: Report

India's Smart TV Shipments Decline 14% in Q1 Amid Demand Slowdown: Report

6.8k
SHARES
19.5k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

New Delhi: Smart TV shipments in India experienced a 14% year-on-year decline in the first quarter of 2024, primarily due to subdued demand and inventory accumulation among major original equipment manufacturers (OEMs), according to a recent report.

The report by Counterpoint Research highlighted that this decline was exacerbated by rising input costs, particularly of raw materials, resulting in reduced promotional activities and increased inventory levels at leading OEMs. Additionally, there was a decrease in demand for smaller-screen smart TVs.

However, Samsung emerged as the top player for the first time, surpassing Xiaomi and LG.

“Samsung achieved the leading position for the first time, followed by LG and Xiaomi. India’s smart TV market is gradually consolidating, with the combined market share of the top five players increasing from 41% in Q1 2023 to 57% in Q1 2024,” stated Research Analyst Akash Jatwala.

The report also highlighted a significant 30% year-on-year decline in shipments of Chinese brands such as OnePlus, Haier, and realme.

Notably, the segment for smart TVs sized 55 inches and above saw a notable 23% year-on-year growth in Q1, marking the sole area of expansion in the market.

Analysts predict that the market will likely remain subdued throughout the year, with an anticipated 10% year-on-year decline, as consumer demand remains stagnant and preferences continue shifting towards premium and larger-screen TVs.

Tags: IndiaSmart TV

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Pawan Demands Justice for Sanatana Dharma

Pawan Demands Justice for Sanatana Dharma

June 1, 2025
Revanth Reddy Plans Hi-Tech Cowsheds Across Telangana

Revanth Reddy Plans Hi-Tech Cowsheds Across Telangana

June 1, 2025
CM Revanth Gets Akhil’s Wedding Invite from Nagarjuna

CM Revanth Gets Akhil’s Wedding Invite from Nagarjuna

June 1, 2025
No Result
View All Result

Recent News

  • Pawan Demands Justice for Sanatana Dharma
  • Revanth Reddy Plans Hi-Tech Cowsheds Across Telangana
  • CM Revanth Gets Akhil’s Wedding Invite from Nagarjuna
  • Dhanush, Aishwaryaa Celebrate Yathra’s Graduation

We bring you the latest updates on Indian political affairs, business trends, sports highlights, and the glitz and glamour of the entertainment world. Stay tuned for comprehensive coverage of movie releases and reviews, ensuring you're always in the know. Trust CredTimes.com to keep you informed and credible.

  • About Us
  • Privacy & Policy
  • Contact Us

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)