Digital Signage Market To Accrue USD 26.3 Billion by 2023 At A CAGR of 6%

“Digital Signage Market”
Digital Signage Market, By Product Type (Kiosks, Billboards, Signboards), By Technology Type (LCD, LED, OLED), By Component Type (Hardware, Software, Service) By Application (Transportation, Retail, Education, Government) – Forecast 2022

Executive Summery about Report:

The study indicates that digital signage provides benefits such as no paper waste, audience engagement, overcoming spatial limitations, dynamic content control and cost-effectiveness, targeted content, interactive digital signage and others. These numerous benefits boosts digital signage market. The study indicates that the increasing demand for digital signage in public & commercial sectors along with its cost effectiveness and assured return on investment is driving the digital signage market. The study indicates that the rise in demand for infrastructure of in-store digital signage for making brand value, and growing digital technology. However, lack of technical expertise and high initial cost and lack of standardization are the major factors which are hindering the growth of digital signage market.

Digital signage can be referred as electronic signage. A signage is the design or a group of signs and symbols used for marketing. Digital signs use technologies such as LCD, LED and projection to display content such as digital images, video, streaming media, and information. Digital signage are found in public spaces, transportation systems, museums, stadiums, retail stores, hotels, restaurants, and others to provide way-finding, exhibitions, marketing and outdoor advertising.

Global Digital Signage Market is expected to grow at USD ~26.3 Billion by 2022, at ~6% of CAGR between 2016 and 2022.

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Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Digital Signage Market Research Report -Forecast to 2022”.

Digital Signage Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

Cisco System Inc. (U.S.),

Hewlett-Packard Company (U.S.),

Samsung Corporation (South Korea),

NEC Display Solutions Ltd (South Korea),

Bright Sign LLC (U.S.),

Panasonic Corporation (Japan),

3M Co.(U.S.),

LG Display Co. Ltd. (South Korea),

Ad flow Networks (Canada)

Omnivex Corporation (Canada),

Market Research Analysis:

On geographic basis, digital signage market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of World. It has been observed that North America region is leading in the digital signage market. North America is expected to grow with a high rate as well as hold the largest market share in the digital signage market. In the North America region due to higher focus towards advertisements and due to the advancements in digital technologies. The study shows that European region has a positive growth in the digital signage market. The developing economies in Asia-Pacific regions like China, Japan and others are showing high adoption in the digital signage systems.

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Table 1                Digital Signage Market, By Product Type

Table 2                Digital Signage Market, By Technology Type

Table 3                Digital Signage Market, By Component Type



Figure 1             Research Methodology

Figure 2             Digital Signage Market: By Product Type (%)

Figure 3             Digital Signage Market: By Technology Type (%)

Figure 3             Digital Signage Market: By Component Type (%)

Figure 3             Digital Signage Market: By Application (%)


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