India Digital OOH Advertising Market Size to Reach US$ 3.6 Billion by 2028 at 14.3% CAGR

PRESS RELEASE
Published April 3, 2023

According to IMARC Group’s latest report, titled “India Digital OOH Advertising Market: Global Industry Growth, Share, Size, Trends, Opportunity, and Forecast during 2023-2028”, the India digital OOH advertising market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028.

Digital out-of-home (DOOH) advertising is a form of advertising that utilizes digital displays to showcase advertisements in outdoor environments, such as airports, malls, bus shelters, and highways. DOOH advertising allows for dynamic and interactive content to be displayed, and can even be personalized based on the viewer's demographics or location. This form of advertising is highly effective due to its ability to capture the attention of viewers who are on the go and often have a limited attention span. In addition to this, DOOH advertising can be measured for effectiveness through data collection and analysis, allowing advertisers to optimize their campaigns and target the right audiences.

𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/india-digital-ooh-advertising-market/requestsample

India Digital OOH Advertising Market Trends:

The increasing penetration of smartphones and internet connectivity represents a significant factor driving the market growth in India. This is further supported by the rise in the use of digital media platforms, creating a huge potential for digital advertising. In line with this, the rising focus of the governments of various nations on building smart cities is contributing to the growth of the market. Apart from this, the increasing installation of digital screens in public spaces across India is providing a platform for DOOH advertising, thus driving the market growth. Other factors, such as the use of programmatic advertising in DOOH and the delivery of dynamic and interactive content through DOOH, are creating a positive outlook for the market across the country.

India Digital OOH Advertising Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the India digital OOH advertising market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the India digital OOH advertising market on the basis of format type, application, end user and region.

Breakup by Format Type:

  • Digital Billboards
  • Video Advertising
  • Ambient Advertising
  • Others

Breakup by Application:

  • Outdoor
  • Indoor

Breakup by End User:

  • Retail
  • Recreation
  • Banking
  • Transportation
  • Education
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

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Key Highlights of the Report:                                                           

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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