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HomeNewsNational NewsBroadcast & Media Market registering an exponential growth in India
Monday, 01 July 2019 06:36

Broadcast & Media Market registering an exponential growth in India

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The Indian broadcast market is poised for a major growth with the rapid proliferation of OTT, IPTV driving the growth. Indian media and entertainment industry grew at a CAGR of 10.90 per cent from FY17-18; and is expected to grow at a CAGR of 13.10 per cent to touch Rs. 2,660.20 billion (US$ 39.68 billion) by FY23 from Rs 1,436.00 billion (US$ 22.28 billion) in FY18. India's media consumption has grown at a CAGR of 9 per cent during 2012-18, almost nine times that of US and two times that of China. The industry provides employment to 3.5-4 million people, including both direct and indirect employment in CY 2017. The entire broadcast ecosystem is witnessing a major transition in traditional broadcasting with the OTT and social media services gaining increasing acceptance across smartphones and smart TVs. 

“The broadcast and entertainment market in India is witnessing huge growth, with technology disruptions driving change in the media landscape. Broadcast India Show 2019, in its 29th year, continues to evolve with the market and delivers the best platform for exhibitors to showcase their new products.” said Sonia Prashar, Managing Director and Chairperson of the Management Board, NürnbergMesse India. 

“Broadcast India Show is India’s leading expo for the broadcast, film and the entertainment technology sector. It serves as a platform for all the professionals in this industry to see the latest technologies on display. Broadcast India Conference has an interesting range of panel discussions on various topics and it will be educative for all the visitors attending the show.”, informed Ujwal Nirgudkar, Oscar Academy Member & Chairman of SMPTE India Section and a leading entertainment technology evangelist

“The Broadcast India Show is important for us as it provides a strong platform for us to showcase our latest solutions and technologies to the local customers as well as network with industry peers. The response we have year on year in terms of customers is unbelievable and this makes it a must-attend show for us.” said Andrew Tan, Director of Sales, APAC of Ross Video. 

“The show is growing exponentially year on year and this keeps us very busy attending to customers and networking with the right people. If I compare the Broadcast India Show with its competitors, I positively feel that from the Indian perspective this is one of the most important shows to be a part of.” asserted Miro Rusko, Director APAC, Octopus Newsroom

“India is one of the most important markets in the whole of Asia and in some way or the other in the whole world. The Broadcast India Show is a must attend event and extremely significant within the broadcasting sector. The show has improved a lot over the years and its customer base is what lures us to come every time.” said Hans Salzinger, Head of Sales Asia, ARRI Cine Technik

Riding the stupendous success from last edition in 2018, the event continues to provide the industry a perfect and platform for the global industry to converge and address these issues. The event acts as a catalyst to further grow the Indian market with new technologies. 

 

Save the date! 

The event will take place at the Bombay Exhibition Centre from 17 to 19 October 2019. For more information, please contact Varun Gaba on This email address is being protected from spambots. You need JavaScript enabled to view it. or Pranali Raut on This email address is being protected from spambots. You need JavaScript enabled to view it.

Please visit www.broadcastindiashow.com for further details. 

 

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