By: M4G Bureau
Last updated : March 15, 2019 10:37 am
Organised retail sector key contributor to OOH revenue growth, according to EY-FICCI 2019 Media & Entertainment report 2019
A factor pushing the OOH graph upwards, according to the report, is the 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.
The report lists down the OOH spending categories. The first position in the list of top spending categories is taken by the Organized Retail category which contributed 16% to the OOH spends. And OOH ad spends fell across telecom, petroleum, pharmacy and energy categories