Transit Media to Account for 45% of the Indian Advertising Market by2016Driven by the booming services sector and the mode...
based and qualitative primary research has analyzed various aspects and provides acomprehensive understanding of the India...
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Transit Media to Account for 45% of the Indian Advertising Market by 2016

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Driven by the booming services sector and the modernization of the transport system, the transit media advertising market in India is expected to grow at a CAGR of 22% during 2013-2016.

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Transit Media to Account for 45% of the Indian Advertising Market by 2016

  1. 1. Transit Media to Account for 45% of the Indian Advertising Market by2016Driven by the booming services sector and the modernization of the transport system, the transitmedia advertising market in India is expected to grow at a CAGR of 22% during 2013-2016.IMARC Group, one of the world’s leading research and advisory firms, finds that the total marketfor transit advertising in India is expected to grow at a CAGR of 22% during 2013-2016.Findings from its latest report entitled “Indian Advertising Market Report & Forecast (2012-2016)” suggests that the total share of transit media in the Indian advertising market is expectedto increase from around 33% in 2012 to around 45% by 2016.According to the report, recent years have witnessed improvements and modernization of theIndian public transport systems such as metro rail, low floor/AC buses, etc. In the coming years,new modes of public transport such as mono rail are also likely to appear in the Indian cities.These developments would lead to the creation of more advertising space. Taking intoconsideration the amount of time a person spends on travelling everyday in course of his job,business, profession, socializing or entertainment, this medium of advertising is full of growthpotential. The central as well as many state governments are planning to either introduce metrorail service or to expand existing networks in various cities in the coming years and thesemeasures are expected to give a big boost to transit advertising.Apart from the modernization of transport, the booming services sector is also expected to be amajor catalyst in driving the growth of the transit media advertising market in India. The servicessector currently accounts for a bulk (approx 55%) of the Indian economy. This sector has beengrowing rapidly and is expected to further expand in the coming years. This would propel growthin the movement of people, both within and between cities and keep on adding to the visibility oftransit advertising. It is but natural that advertisers would increasingly prefer this medium ofadvertising to showcase and highlight their products at airports, bus stops, railway platforms,etc.IMARC’s new report titled “Indian Advertising Market Report & Forecast: 2012-2016”provides an analytical and statistical insight into the Indian advertising industry along with itsvarious segments and sub-segments. The study that has been undertaken using both desk-
  2. 2. based and qualitative primary research has analyzed various aspects and provides acomprehensive understanding of the Indian advertising market. The report can serve as anexcellent guide for investors, researchers, consultants, marketing strategists, media planners,advertisers, radio and television broadcasters and all those who are planning to foray into theIndian advertising market in some form or the other.To buy the complete report or to get a free sample, please contact:IMARC Group AsiaEmail: apac@imarcgroup.comPhone: +91-120-415-5099IMARC Group North AmericaEmail: america@imarcgroup.comPhone: +1-631-791-1145IMARC Group Europe, Middle East & AfricaEmail:ema@imarcgroup.comPhone: +44-702-409-7331To know more please visit: http://www.imarcgroup.com/indian-advertising-market-report-forecast-2012-2016/

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