indian radio advertising market to grow at 17% during 2012-2016

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Indian Radio Advertising Market to Grow at 17% During 2012-2016 With the influx of private FM stations, the radio advertising market is emerging as a very efficient and cost-effective medium of advertising. The growth in private FM stations, wide demographic coverage, penetration in rural areas, technological advancements, increasing FM services etc. are expected to be the catalysts in driving the Indian radio advertising market in the coming years. Research firm IMARC Group expects this market to grow at a CAGR of around 17% during 2012- 2016, according to its latest report titled “Indian Advertising Market Report & Forecast: 2012-2016”. The report which has done a comprehensive analysis of the Indian advertising market expects the Indian radio advertising market to grow strongly within the next few years. According to an analyst at IMARC Group, “During the decade of nineties, All India Radio had a monopoly in the radio sector as there were no private radio stations. As All India Radio lacked aggressiveness in air-time marketing, advertising revenue in this sector had become static. With the influx of private FM stations in the new millennium, the radio advertising market got invigorated and there emerged a new awareness towards radio as a cost-effective medium of advertising. With the growth in private FM stations, this awareness has been increasing steadily”. The report found that FM radio is currently available in around 86 cities. In addition to the existing cities, however, 839 new FM radio stations are expected to be launched in 227 new cities as per the FM phase III policy. After the implementation of this policy, the number

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With the influx of private FM stations, the radio advertising market is emerging as a very efficient and cost-effective medium of advertising.

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Page 1: Indian Radio Advertising Market to Grow at 17% During 2012-2016

Indian Radio Advertising Market to Grow at 17% During 2012-2016

With the influx of private FM stations, the radio advertising market is emerging as a very efficient

and cost-effective medium of advertising.

The growth in private FM stations, wide demographic coverage, penetration in rural areas,

technological advancements, increasing FM services etc. are expected to be the catalysts in

driving the Indian radio advertising market in the coming years. Research firm IMARC Group

expects this market to grow at a CAGR of around 17% during 2012-2016, according to its latest

report titled “Indian Advertising Market Report & Forecast: 2012-2016”. The report which has

done a comprehensive analysis of the Indian advertising market expects the Indian radio

advertising market to grow strongly within the next few years. According to an analyst at IMARC

Group, “During the decade of nineties, All India Radio had a monopoly in the radio sector as

there were no private radio stations. As All India Radio lacked aggressiveness in air-time

marketing, advertising revenue in this sector had become static. With the influx of private FM

stations in the new millennium, the radio advertising market got invigorated and there emerged

a new awareness towards radio as a cost-effective medium of advertising. With the growth in

private FM stations, this awareness has been increasing steadily”.

The report found that FM radio is currently available in around 86 cities. In addition to the

existing cities, however, 839 new FM radio stations are expected to be launched in 227 new

cities as per the FM phase III policy. After the implementation of this policy, the number of

stations will go up to 1,079 from an existing 240 stations. This expansion, once in place, will

make radio a much more powerful and attractive vehicle for advertisers. The report, which has

also evaluated various industries based on their spending on radio advertising found that the

Real Estate sector is currently the top advertiser on radio followed by Social Advertisements

and Independent Retailers. Cellular phone service providers were the fourth major advertising

sector on radio, as they find radio quite effective for promoting their phone services across the

considerable listener base of radio.

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 its

various segments and sub-segments. The study that has been undertaken using both desk-

based and qualitative primary research has analyzed various aspects and provides a

Page 2: Indian Radio Advertising Market to Grow at 17% During 2012-2016

comprehensive understanding of the Indian advertising market. The report can serve as an

excellent guide for investors, researchers, consultants, marketing strategists, media planners,

advertisers, radio and television broadcasters and all those who are planning to foray into the

Indian advertising market in some form or the other.

Key Aspects Analyzed:

Understanding the Indian advertising market

Focus of the Analysis:

Composition of the market

Major players

SWOT analysis of the industry

Historical growth trends and driving factors

Market outlook

Television advertising market

Focus of the analysis:

An overview of the television broadcasting industry

Analysis of various sub-segments with their performance

Major industries that use television as an advertising medium

Major companies that use television as an advertising medium

Historical growth trends and driving factors

Market outlook

Print advertising market

Focus of the analysis:

An overview of the print advertising industry

Analysis of various sub-segments with their performance

Major players in each segment and their performance

Major industries that use print as an advertising medium

Major companies that use print as an advertising medium

Historical growth trends and driving factors

Page 3: Indian Radio Advertising Market to Grow at 17% During 2012-2016

Market outlook

Radio advertising market

Focus of the analysis:

An overview of the radio advertising industry

Radio listenership across the country

Major industries that use radio as an advertising medium

Major companies that use radio as an advertising medium

Historical growth trends and driving factors

Market outlook

Internet/On-line advertising market

Focus of the analysis:

An overview of the Internet/On-line advertising industry

Viewership of various websites

Major industries that use internet as an advertising medium

Major companies that use internet as an advertising medium

Historical growth trends and driving factors

Market outlook

Mobile advertising market

Focus of the analysis:

An overview of the mobile advertising industry

Various forms of mobile advertising

Major industries that use mobile as an advertising medium

Major companies that use mobile as an advertising medium

Historical growth trends and driving factors

Market outlook

Outdoor advertising market

Focus of the analysis:

An overview of the outdoor advertising industry

Analysis of various sub-segments with their performance

Page 4: Indian Radio Advertising Market to Grow at 17% During 2012-2016

Major industries and companies that use outdoor advertising as an advertising medium

Historical growth trends for each sub-segment and driving factors

Market outlook for each sub-segment

Information Sources:

Information has been sourced from both primary and secondary sources:

Primary sources include industry surveys and face to face/telephone interviews with

industry experts.

Secondary sources include proprietary databases and search engines. These sources

include company websites and reports, books, trade journals, magazines, white papers,

industry portals, government sources and access to more than 4000 paid databases.

To buy the complete report or to get a free sample, please contact:

IMARC Group Asia

Email: [email protected]

Phone: +91-120-415-5099

IMARC Group North America

Email: [email protected]

Phone: +1-631-791-1145

IMARC Group Europe, Middle East & Africa

Email:[email protected]

Phone: +44-702-409-7331

To know more please visit: http://www.imarcgroup.com/indian-advertising-market-report-forecast-2012-2016/