Digital signage is a sub segment of signage. Digital displays use technologies such as LCD, LED and Projection to display content such as digital images, video, streaming media, web pages, weather data, restaurant menu, or text. They can be found in public spaces, transportation systems, museums, stadiums, retail stores, hotels, restaurants, and corporate buildings etc., to provide wayfinding, exhibitions, marketing and outdoor advertising.
Digital signage have broad end-use applications, it is widely used in department stores, schools, libraries, office buildings, medical facilities, airports, train and bus stations, banks, auto dealerships and other public venues. It is also commonly used in corporate, employee-facing environments. If the display is connected to a computer, the data on the screen can be updated in real time by means of an Internet or proprietary network connection. The system can employ multiple screens if an extra-large display is required. The increasing demand for digital signage in public and commercial sectors, advancements in technology offerings and rising infrastructure are the key driving factors for the digital signage market.
Market Analysis and Insights: Global Digital Signage Market
Digital Signage market size was US$ 9604.5 million and it is expected to reach US$ 14220 million by the end of 2025, with a CAGR of 5% during 2021-2027.
A full report of Global Digital Signage Market is available at: https://www.orionmarketreports.com/digital-signage-market/45948/
The major companies include:
- Sony
- Panasonic
- NEC Display
- Sharp
- Planar Systems (Leyard)
- Mitsubishi
- Chimei Innolux (CMI)
- Advantech
- Goodview (CVTE)
- Cisco Systems Inc
- Marvel Digital
Segment by Type, the Digital Signage market is segmented into
- 40 – 50 inch
- 50 – 60 inch
- Under 40 inch
- Larger than 60 inch
Segment by Application, the Digital Signage market is segmented into
- Retail
- Healthcare
- Hospitality
- Transportation
- Others
Scope of the Report
The research study analyzes the global Digital Signage industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Digital Signage Market Report
1. What was the Digital Signage Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Digital Signage Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Digital Signage Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Digital Signage market.
- The market share of the global Digital Signage market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Digital Signage market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Digital Signage market.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
