The market has been witnessing tremendous growth over the past few years supported by rising adoption across various sectors such as retail, hospitality, healthcare, and public infrastructure. Various factors such as increasing disposable incomes, rapid urbanization, and growing brands and retail industry have boosted investments and modernization of public spaces driving the demand for digital signage networks. Furthermore, transition from analogue to digital media and ease of content management are encouraging more businesses to opt for digital signage solutions for effective brand building and communication with customers. The India digital signage market is expected to grow significantly in the coming years on the back of widespread technological adoption.
Market Dynamics:
The India digital signage market growth is driven by factors such as the rapid growth of organized retail, increasing spending on commercial infrastructure development, and transition from traditional to digital promotional methods. However, high initial installation and content creation costs pose a major challenge to adoption of digital signage networks. On the positive side, developments in cloud computing and data analytics provides opportunities to integrate advanced features such as audience measurement and interactive screens. Additionally, growing smartphone and internet penetration will further aid content delivery and management over mobile and web-based platforms. Investments in urban infrastructure development under various government initiatives are also expected to drive deployments across public transport hubs, airports, and other public places.
Key features of the study:
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