China Digital Signage market is estimated to grow at a CAGR of around 10.0% over the forecast period to reach over $4.5 billion in 2025 from $2.4 billion in 2018. A significant rise in the demand for digital advertising platforms has witnessed across the sectors, such as retail and financial institutions. Increasing competition among retail firms is contributing to the demand for advanced digital solutions that can support increased convenience to the customers. It is expected that the adoption of China Digital Signage is estimated to grow significantly in the retail sector in the country coupled with the growing retail grocery market and increasing competition among domestic and foreign retailers. Rapid urbanization and rising disposable incomes are supporting an emerging demand for convenience products, especially in large, tier-one cities.
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The China Digital signage market is characterized with the presence of various players operating in the market. Some of the prominent players that contribute significantly in the market include BenQ Corp., Intel Corp., Hisense International Co., Ltd., Sony Corp., LG Electronics Inc., Panasonic Corp., and others. These players operate in very highly competitive environment and thus adopts various strategies to stay competitive in the market. Mergers and acquisitions, new product launch, geographical expansion, manufacturing capability expansion are some of the majorly adopted strategies by these market players.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
China China Digital Signage Market by Component Type
- Hardware
- Software
China China Digital Signage Market by Product
- Standalone Display
- Video Wall
China China Digital Signage Market by Application
- Commercial
- Industrial
- Infrastructural
- Others (Institutional)
Company Profiles
- AOPEN Inc. (Acer Inc.)
- AU Optronics Corp.
- Barco NV
- BenQ Corp.
- BrightSign, LLC
- Coates Group Pty Ltd.
- Daktronics, Inc.
- Delta Electronics, Inc.
- E Ink Holdings Inc.
- Exceptional 3D, Inc.
- Goodview Electronic Co., Ltd.
- Hisense International Co., Ltd.
- Intel Corp.
- LG Electronics Inc.
- Navori SA
- NEC Corp.
- Panasonic Corp.
- Planar Systems, Inc.
- Samsung Electronics Co., Ltd.
- Scala, Inc.
- Sony Corp.
The Report Covers
- Comprehensive research methodology of China China Digital Signage market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting China China Digital Signage market.
- Insights about market determinants that are stimulating China China Digital Signage market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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