“A research report on India Digital Signage Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.
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Factors leading to the growth in India digital signage market include increasing use of digital signage for outdoor advertising to make marketing more effective and appealing to customers and for use by the government and transportation sectors to display information through digital media which also boost the Digital India initiative of the government. Surge in demand for Out-of-Home (OOH) digital signage, growing number of events such as the Indian Premier League, Lakme Fashion Week, international music festivals such as Sunburn and Supersonic are some other factors driving the demand for digital signage in India.
According to “India Digital Signage Market, Competition Forecast and Opportunities, India digital signage is forecast to exhibit a CAGR of over 18% in value terms during the forecast period. India digital signage market is controlled by these major players, namely– Samsung India Electronics Pvt. Ltd., LG Electronics India Pvt. Ltd., Panasonic India Pvt. Ltd. followed by Others which includes, Xtreme Media Pvt. Ltd, NEC India Pvt. Ltd, Sharp Business Systems India Pvt Ltd, TruKnox Technologies Pvt. Ltd., TPV Technologies Pvt. Ltd, Nusyn Digital Solutions Private Limited, LaneSquare Technology Pvt. Ltd. “India Digital Signage Market, Competition Forecast and Opportunities,discusses the following aspects of digital signage market in India:
• India Digital Signage Market Size, Share and Forecast
• Segmental Analysis – By Component Type (Display Screen, Media Player, Software & Content), By Application (Indoor & Outdoor), By Region, By End User (Government & Transportation, Retail, Banks & Financial Institutions, Commercial Buildings, Media & Entertainment & Others)
• Policy & Regulatory Landscape
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations
India Digital Signage Market Envisioned to Generate a CAGR of 18% from 2022-2031
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