Market Forecast By Product Type (Display Screen, Content Player, Software, Kiosk), By Display Screen Type (Panel Based, True Color LED), By Panel Based Display Screen Technology (LED, OLED, QLED), By True Color Application (Indoor, Outdoor), By Pixel Pitch (Indoor, Outdoor), By Verticals (Commercial (office Spaces), Transportation, Retail, Hospitality, Healthcare, Entertainment (Sports, Cultural and Reality Events, Amusement Parks), Others (Education & BFSI)) And Competitive Landscape
Product Code: ETC371304 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In the year 2021, China was the largest exporter in terms of value, followed by Vietnam. It has registered a growth of 12.06% over the previous year. While Vietnam registered a growth of 4.52% as compared to the previous year. In the year 2017, China was the largest exporter followed by Korea. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, India has a Herfindahl index of 3696 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 1806 which signifies moderately concentrated in the market.
The India Digital Signage Market report thoroughly covers the market by product types, display screen type, panel-based display screen technology, true color applications, pixel pitch, and verticals. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The India Digital Signage Market is gaining growth and is projected to gain more growth during the forecast period due to the growing number of businesses that are incorporating these technologies in order to run smoothly.
According to 6Wresearch, the India Digital Signage Market size is anticipated to rise at a CAGR of 18.2% during 2025-2031. There is no wonder that the digital signage market in the country is rising effortlessly, with a rising number of businesses in the country that are incorporating such technologies into their operations. The rising affordability and availability of displays is one of the vital factors which is stimulating the India Digital Signage Market Growth. It has made the implementation of digital signage solutions easier for companies. The requirement for effective and efficient communication methods is another major market driver. Companies in the country are moving towards digital signage in order to engage their customers in new ways as conventional advertising channels have become less effective to reach modern audiences. These digital displays offer dynamic content which can be updated in real-time, provide businesses with control over their messaging and greater flexibility. Moreover, technological advancements have also made it possible to produce highly targeted messages which are tailored to particular audiences and individuals. Lack of standardization, high implementation costs, and lack of skilled professionals are the obstacles that the market is facing.
Some of the challenges faced by the Digital Signage Market in India during the pandemic include:
Reduced Demand: During the starting stages of the coronavirus pandemic, many businesses in India, including restaurants, entertainment venues, and retail stores had to close their operations or they were allowed to operate at a reduced capacity, which led to a decreased demand for digital signage solutions in the country since businesses focused on essential operations and cost-cutting.
Postponed Installations: The adoption of new digital signage projects as well as installations were delayed attributed to the uncertain business environment. Businesses were cautious about investing in advanced technology during the tough times.
Shift to Remote Work: A number of companies shifted their focus to digital communication tools as well as online collaboration platforms instead of investing in physical signage solutions as employees were assigned to work from home, and the requirement for digital signage solutions in office spaces was reduced.
Some of the key players that operate in the market are:
According to Dhaval, Research Manager, 6Wresearch, the kiosk segment by product type is stimulating more in demand in the market. The segment will keep growing in the market in the years to come.
By verticals, the sector is separated into Commercial (Office Spaces), Transportation, Retail, Hospitality, Healthcare, Entertainment (Sports, Cultural, And Reality Events, Amusement Parks), and Others (Education & BFSI). The healthcare segment will grow in the market in the years to come.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. India Digital Signage Market Overview |
3.1 India Regional Indicators |
3.2 India Digital Signage Market Revenues and Volume, 2021-2031F |
3.3 India Digital Signage Market Revenue Share, By Components, 2021 & 2031F |
3.4 India Digital Signage Market Revenue Share, By Display Screen Types, 2021 & 2031F |
3.5 India Digital Signage Market Revenue Share, By Display Screen Technologies, 2021 & 2031F |
3.6 India Digital Signage Market Revenue Share, By Display Screen Sizes, 2021 & 2031F |
3.7 India Digital Signage Market Revenue Share, By End-User Applications, 2021 & 2031F |
3.8 India Digital Signage Market - Industry Life Cycle |
3.9 India Digital Signage Market - Porter’s Five Forces |
4. India Digital Signage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. India Digital Signage Market Trends |
6. India Digital Signage Market Overview, By Components |
6.1 India Digital Signage Market Revenues & Volume, By Display Screens, 2021-2031F |
6.2 India Digital Signage Market Revenues & Volume, By Content Player, 2021-2031F |
6.3 India Digital Signage Market Revenues & Volume, By Software, 2021-2031F |
7. India Digital Signage Market Overview, By Display Screen Types |
7.1 India Digital Signage Market Revenues & Volume, By Single Screen, 2021-2031F |
7.2 India Digital Signage Market Revenues & Volume, By Multi Screen/Video Wall, 2021-2031F |
7.3 India Digital Signage Market Revenues & Volume, By Digital Signage Kiosk, 2021-2031F |
8. India Digital Signage Market Overview, By Display Screen Technologies |
8.1 India Digital Signage Market Revenues & Volume, By LED, 2021-2031F |
8.2 India Digital Signage Market Revenues & Volume, By OLED, 2021-2031F |
8.3 India Digital Signage Market Revenues & Volume, By QLED, 2021-2031F |
9. India Digital Signage Market Overview, By Display Screen Sizes |
9.1 India Digital Signage Market Revenues & Volume, By Below 40'', 2021-2031F |
9.2 India Digital Signage Market Revenues & Volume, By 40''-55'', 2021-2031F |
9.3 India Digital Signage Market Revenues & Volume, By Above 55'', 2021-2031F |
10. India Digital Signage Market Overview, By End-User Applications |
10.1 India Digital Signage Market Revenues & Volume, By Government & Transportation, 2021-2031F |
10.2 India Digital Signage Market Revenues & Volume, By Retail, 2021-2031F |
10.3 India Digital Signage Market Revenues & Volume, By Hospitality, 2021-2031F |
10.4 India Digital Signage Market Revenues & Volume, By Healthcare, 2021-2031F |
10.5 India Digital Signage Market Revenues & Volume, By Education, 2021-2031F |
10.6 India Digital Signage Market Revenues & Volume, By Entertainment, 2021-2031F |
10.7 India Digital Signage Market Revenues & Volume, By Banks & Financial Institutions, 2021-2031F |
10.8 India Digital Signage Market Revenues & Volume, By Commercial Offices & Buildings, 2021-2031F |
11. India Digital Signage Market - Key Performance Indicators |
12. India Digital Signage Market Opportunity Assessment |
12.1 India Digital Signage Market Opportunity Assessment, By Components, 2031F |
12.2 India Digital Signage Market Opportunity Assessment, By Display Screen Types, 2031F |
12.3 India Digital Signage Market Opportunity Assessment, By Display Screen Technologies, 2031F |
12.4 India Digital Signage Market Opportunity Assessment, By Display Screen Sizes, 2031F |
12.5 India Digital Signage Market Opportunity Assessment, By End-User Applications, 2031F |
13. India Digital Signage Market Competitive Landscape |
13.1 India Digital Signage Market Revenue Share, By Companies, 2024 |
13.2 India Digital Signage Market Competitive Benchmarking, By Operating Parameters, 2024 |
14. Company Profiles |
15. Strategic Recommendations |
16. Disclaimer |