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India Outdoor Advertising Market, By Service Type, By Demand Type, By Region, Forecast & Opportunities, FY2027

India Outdoor Advertising Market, By Service Type, By Demand Type, By Region, Forecast & Opportunities, FY2027

  • October 2021
  • 71 pages
  • ID: 6177421
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

This report is 90% complete and will include the latest impact analysis of Covid-19 along with updated quarterly market data for the year 2021 (estimated). This report will be delivered within three working days post order confirmation.

India Outdoor Advertising Market, By Service Type (Billboard Advertising, Digital Outdoor Advertising, Lamp Post Advertising, Bridge Advertising, Point of Sale Displays, Transit Advertising, Others), By Demand Type (Government & Transportation, Retail, Banks & Financial Institutions, Commercial Buildings, Media & Entertainment, Others), By Region, Forecast & Opportunities, FY2027

India outdoor advertising market is anticipated to grow at an impressive rate during the forecast period on account of growing spending on display advertisements and growing utilization of indoor advertising for publicity in end use industries.The advertising industry is one of the most important segments of media and entertainment industry.

Among its types, outdoor advertising has been one of the fastest-growing segments in the advertising space of India.It represents a high potential opportunity for outdoor media advertisers as brand owners tend to spend a great fortune over advertising and brand promotion as this method ensures a far greater consumer reach.

Also, the Indian government provides remarkable support to the advertising industry. The improving market sentiments, supportive policies by Reserve Bank of India and the opening of newly licensed banks in India is opening doors to various opportunities for advertising expenditure companies in the financial sector.

Rapid development of infrastructure, including upcoming airports, smart city projects, malls, metros, bus shelters, public conveniences, coffee shops, along with increased advertising opportunities in tier-II and tier-III cities are major factors boosting outdoor advertising market in India.During events like Kumbh, IPL & elections, the demand for outdoor media advertising increases as the organisers seek to draw attention of people towards the event.

Additionally, any event, which is not a part of a yearly predictability and plan, is more benefiting. One such example are general elections which come once in five years.

Along with growth factors, outdoor advertising market also faces challenges such as lack of strong monitoring systems, the unorganized nature of the media, a lack of strong research to prove the efficacy of outdoor advertising, a lack of transparency and a huge fragmentation in the market.

India outdoor advertising market is segmented based on type, demand category, region and company.Based on type, the market can be segmented into billboard advertising, digital outdoor advertising, lamp post advertising, bridge advertising, point of sale displays, transit advertising, others.

Billboard advertising is the process of using a large-scale print to market a company, brand, product, service, or campaign.Its cost in India has no standard pricing and purely depends on the location.

Billboards tend to have the highest number of views and impressions when compared to other marketing methods because they are usually put up in busy areas. Therefore, the segment accounted for significant share in FY2021.

Major players operating in the Indian outdoor advertising market include McCann Erickson India Pvt Ltd., GroupM Media India Pvt Ltd., DDB Mudra Pvt Ltd., Dentsu Communications Pvt Ltd., Law & Kenneth Saatchi & Saatchi Pvt Ltd., Ogilvy & Mather Pvt Ltd., Mullen Lowe Lintas Group, TLG India Pvt Ltd., Fcb Ulka Advertising Pvt Ltd., J Walter Thompson Co. and others. As companies look for better productivity and increasing efficiencies in a tough market environment, advertising plays a pivotal role in establishing brand image of an organization.

Years considered for this report:

Historical Years: FY2017-FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023–FY2027

Objective of the Study:

• To analyze and forecast the market size of India outdoor advertising market.
• To classify and forecast India outdoor advertising market based on type, demand category, and regional distribution.
• To identify drivers and challenges for India outdoor advertising market.
• To examine competitive developments such as expansions, new method launches in India outdoor advertising market.
• To conduct pricing analysis for India outdoor advertising market.
• To identify and analyze the profile of leading players operating in India outdoor advertising market.

The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of agencies across the country.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the agencies which could not be identified due to the limitations of secondary research. The analyst examined the agencies, distribution channels and presence of all major players across India.
The analyst calculated the market size of India outdoor advertising market using a bottom-up approach, wherein data for various demand category segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Outdoor advertising agencies, vendors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to outdoor advertising
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as agencies, brands, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India outdoor advertising market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• India Outdoor Advertising Market, By Type:
o Billboard Advertising
o Digital Outdoor Advertising
o Lamp Post Advertising
o Bridge Advertising
o Point of Sale Displays
o Transit Advertising
o Others
• India Outdoor Advertising Market, By Demand Category:
o Government & Transportation
o Retail
o Banks & Financial Institutions
o Commercial Buildings
o Media & Entertainment
o Others
• India Outdoor Advertising Market, By Region:
o North India
o South India
o East India
o West India

Competitive Landscape

Company Profiles: Detailed analysis of the major agencies present in India outdoor advertising market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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