Digital signage market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. Digital signage offers numerous advantages over traditional printed signage, including greater flexibility, interactivity, and customization, which increases its demand in the market. As businesses and organizations seek to leverage digital technology to enhance their marketing and communication efforts, the demand for digital signage solutions has grown. The development of sophisticated software and content management systems has also made it easier for businesses to create and manage digital signage content and to deliver targeted messaging to specific audiences.Besides, the retail and hospitality industries have been early adopters of digital signage, using it to enhance customer experiences and increase sales. As these industries continue to grow, the demand for digital signage solutions is likely to increase as well.
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The retail and hospitality industries are among the fastest-growing users of digital signage in the Asia-Pacific region. Retailers are using digital signage for advertising and promotions, while hotels and restaurants are using it for wayfinding and information displays.Animportant factor contributing to retail shop growth in the region is urbanization. As more people move to cities, the demand for convenient and accessible retail options has increased. This has led to the development of large shopping malls and retail centers in urban areas, as well as the expansion of traditional retail outlets, resulting in enhanced use of digital signage.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- 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
Global Digital signageMarket by Type
- Video Wall
- Video Screen
- Kiosk
- Transparent LCD Screen
- Digital Poster
Global Digital signageMarket by Component
- Hardware (LCD/LED Display, OLED Display, Media Players, Projectors/Projection Screens)
- Software
- Services
Global Digital signageMarket by Location
- In-store
- Outdoor
Global Digital signageMarket by Application
- Retail
- Transportation
- Hospitality
- Corporate
- Education
- Government
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AdMobilize LLC
- Advantec Co., Ltd.
- BroadSign International
- iSEMC (HHSD Technology)
- Koninklijke Philips N.V.
- LG Electronics
- NEC Corp.
- Omnivex Corp.
- Panasonic Corp.
- Planar Systems
- Quividi SARL
- Samsung Electronics Co., Ltd.
- Sharp Corp.
- Sony Corp.
- ViewSonic Corp.
- Volanti Displays
The Report Covers-
- Market value data analysis for 2023 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital signagemarket. Based on the availability of data, information related to new product launches and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who stands where’ in the market.
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