India’s Digital Signage Market; Forecasts Through 2019-2025 - Market in India Projected to Exhibit a CAGR of 15.1% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 23, 2019--
The “India Digital Signage Market (2019-2025): Market Forecast by Components, by Display Screen Type, by Panel Based Display Screen Technology, by Panel Based Display Screen Size, by Pixel Pitch, by True Color LED Application, by Verticals, by Regions, and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
According to this research, the India Digital Signage Market is projected to grow at a CAGR of 15.1% during 2019-2025.
India’s digital signage market is expected to grow on account of increasing advertising spending by companies in the number of promotional campaigns and the volume of marketing activities in the Indian market. Many of these players are resorting to the use of attractive commercial displays and various other digital signage solutions to display promotional information. Further, infrastructure development and developing retail and tourism sectors would also propel the demand for digital signage in many parts of the country during the forecast period.
The digital signage market of India is yet to develop on a larger scale owing to the low degree of awareness and thus the adoption of such solutions in the semi-urban and rural parts of the country. Strengthening public infrastructure is leading to increasing in areas of application of digital signage systems across the country. Within the digital signage market in India, the display screens segment accounted for the majority of the market revenue share, followed by content players and software, in 2018. By display type, the single screen display segment accounts for the majority of the revenue share in the overall market owing to a high number of installations of such screens in major infrastructural projects in the retail and hospitality domains.
Moreover, the retail, hospitality, and transportation application segments of the digital signage market of India would grow significantly during the forecast period as the public infrastructure sector in the country is predicted to flourish in the coming years. Some of the key players in the India digital signage market include LG, Samsung, BenQ, and Panasonic.
By Display Screen Type
By Panel based Display Screen Technology
By Panel based Display Screen Size
By Pixel Pitch
By True Color LED Application
For more information about this report visit https://www.researchandmarkets.com/r/ng7wbn
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SOURCE: Research and Markets
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PUB: 10/23/2019 10:53 AM/DISC: 10/23/2019 10:53 AM