Digital Signage Market in India 2012
Author: prbharatbook | Posted: 09.06.2012Digital Signage market is still in its nascent stage in the Indian market. However, it is fast becoming the preferred choice among corporate houses from the BFSI, oil and telecom sectors. Digital signage provides the desired flexibility in real time which is extremely difficult for other advertising mediums. Better technology and innovation should see the rise in popularity of digital signage in the future.
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The report provides a brief introduction to the advertisement market in India as well as the digital signage market. The introduction section offers the market share of the different mediums and the share of digital signage in the out-of-home (OOH) advertisement segment. The market overview includes information regarding the Indian market scenario. It illustrates the market size of the digital signage sector in India and the expected rate of growth. It also analyses the position of the digital signage sector in a product lifecycle illustration. Digital signage is still in its nascent stage compared to other forms of advertisement such as television, newspaper, radio, films etc. Market overview section also covers the operational model of digital signage. It also explains the advantages of digital signage and gives an outline on the pricing. The overview section briefly explains the technology employed by digital signage market. The uses of digital signage are indicative of its acceptability in hospitals, radio cabs as well as government and corporate houses. Furthermore, a Porter’s five forces model helps analyze the digital signage market.
The market characteristics section covers information regarding the preference among consumers for digital signage over other mediums due to higher recall. It also explains that digital signage is more effective as this medium is more flexible than conventional mediums such as TV and print. It goes on to elaborate the lack of knowledge and uncertainty of measuring the effectiveness of digital signage is hurting growth prospects. Digital signage also needs protection from weather and other vagaries. Also, proprietary properties make it tough to sell to the prospective advertisers. Additionally, digital signage is not a preferred choice among media planners.Industry Analysis
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Digital Signage Market in India 2012
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Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.
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