India Digital Signage Market to Reach USD 874 Mln by 2022, States 6Wresearch in Its New Report Available at MarketPublishers.com14 Feb 2017 • by Natalie Aster
LONDON – India digital signage market is projected to reach USD 874 million by 2022. However, this market has yet to see a development on broader scale against the backdrop of low levels of awareness in semi-urban regions and rural areas of the country. Increasing development of public infrastructure is giving rise to a hike in the penetration rate of digital signage systems country-wide.
With respect to components, display screens grabbed the lion’s share of the domestic digital signage systems marketplace, followed by the content player and software segments.
The retail, entertainment, government & transportation and hospitality verticals capture the majority share in total revenue of the national digital signage market.
Region-wise, Western region took the lead, with North, South and East following after.
Panasonic, Samsung, LG, Sony, Nusyn Digital (Formerly Scala), Xtreme-Media, LiveMedia, Vyoma, amid others, are the dominant players in the market.
New research report “India Digital Signage Market (2016-2022)” elaborated by 6Wresearch offers a thorough assessment of the country’s digital signage marketplace. The study examines the sector, categorising it based on components, display screen technologies, display screen types, display screen size, applications, and by verticals. A comprehensive regional market analysis is included.
The study presents historical market size estimates (by revenue and volume) plus forecasts for the overall market and each of its segments. It provides an unprejudiced and granular analysis of the current market trends, opportunities and high-growth areas, market drivers and factors restraining the growth. The study canvasses key performance indicators. The research report examines the competitive landscape and sheds light on the companies’ market shares (in volume terms) and providing competitive benchmarking by technology. Detailed profiles of the leading 12 players are available, too.
More new market research studies by 6Wresearch can be found at its page.