News

India digital signage market to reach $874 million by 2022

February 9, 2017

The Indian digital signage market is expected to be worth $874 million by 2022, according to a report entitled, India Digital Signage Market (2016-2022), by Research and Markets. The report examines key vendors and trends in the market, according to a press release.

India has been a small market for digital signage due to low awareness in rural and semi-urban areas. The country, however, has developed better public infrastructure, which has helped digital signage grow. Displays currently hold the majority of the market share in the country, with content players and software coming in second and third.

The key market players in India are Samsung, LG, Panasonic, Sony, LiveMedia and others. The western part of the country has the largest market share.

The report can be downloaded here.