India Digital Signage Market – Opportunities & Forecast, 2020-2027

1. Report Title India Digital Signage Market – Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1

2. The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers. Key Drivers of India Digital Signage Market: Some of the major factors surging the growth of the digital signage market in India include the rising adoption of digital signage technologies and solutions by several enterprises for the marketing and advertisement of their company and products. Rapid development in the infrastructural activities is raising the market for digital signage as awareness about the advantages of these technologies is increasing significantly among people. With the implementation of digital signage technology, it has become easier and effective for companies to share information with people for promotional activities as it boosts the ability to reach out to a large volume of audiences. This driver is inclining numerous companies to install digital signage technology in their businesses, thereby driving the growth of the digital signage market. The Digital India initiative, launched by the Ministry of Electronics & Information Technology, is growing the technological advancements in various urban and semi- urban areas to share information with people digitally. Digital media week is held by the Indian Prime Minister to encourage the use of technology and promote people from several sectors. Some initiative is the Electronics Development Fund, which supports new start-ups to manufacture electronic products to decrease imports. These initiatives are projected to bolster the growth of the digital signage market. On the other hand, high installation costs will hamper the market for digital signage in India as it is challenging for enterprises to manage such large investments without any proper funding. India Digital Signage Market Segmentation: The India digital signage market has been segmented into the following categories: India Digital Signage Market by Offering: 2

3. •Hardware oDisplays oMedia Players oProjectors oOther Hardware Products •Software oEdge Server Software oContent Management System oOthers •Services oInstallation Services oMaintenance & Support Services oConsulting & Other Services Market by Application: •Indoor •Outdoor Market by Product: •Video Wall •Standalone Display oKiosks oMenu Boards oBillboards oOther Standalone Displays Market by Product: •Commercial 3

4. oRetail oCorporate and Broadcast oHealthcare oHospitality oGovernment, Command and Control Center •Infrastructural oTransportation and Public Places oSports and Entertainment •Institutional oBanking, Financial Services, and Insurance oEducation •Industrial About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4