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Global Digital Signage Market Size Expected to Reach USD31.7 Bn by 2025 | Leading market Players are Adomni, Advantech, Almo Professional A/V, AOPEN Inc., BenQ, Black Box.
The global digital signage market size was estimated at USD 16,044.1 billion in 2016 and is anticipated to reach USD 31.7 billion by 2025. The growth of this industry is empowered by the increasing demand for the digital promotion of products and services so as to attract the attention of the target audience in a more effective manner.Browse details of research report developed on Global Digital Signage Market @ https://www.researchcosmos.com/reports/global-digital-signage-market-forecast-2016-2025-industry-analysis-report/6481573
Digital signage offers the necessary quality information to a large number of viewers by utilizing large display screens across the location with a concentrated target audience. With digitized display technology, information is provided in a digitized format that includes motion and pictures in order to attract customers with more impact as compared to the traditional modes of reaching out to customers. Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images. Thus, the demand for advertising content with better sharpness and enhanced quality is increasing the adoption of digital signage. The adoption of advanced display technologies is therefore likely to take over the market growth.
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Retail digital signage market is expected to increase with positive growth rate, owing to the adoption of the modern advertising technology, to create brand awareness and to enhance customer experience towards the product by displaying its various utilities on the monitor. Furthermore, retail outlets are deploying such technologies to improve customer engagement and to increase footfalls by attractive displays. Improved operational efficiency and decreasing printing cost are the additional benefits of the signage. But on the other hand, high initial investment is the major challenge, which is restraining the growth of the industry during the forecast period.
Digital signage market is distributed globally throughout the following regions,
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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The global market companies leading in the digital signage markets are Adomni, Advantech, Almo Professional A/V, AOPEN Inc., BenQ, Black Box, BrightSign, CastNET, CAYIN Technology Co., LTD, CE Labs, ComQi, Inc., Cradlepoint, DENEVA, DigitalSignageToday.com, DYNASIGN, Embed Digital, Exceptional 3D, eyefactive GmbH, Fabcon Creative, Hughes, IAdea, IBASE Technology USA, Inewvation International, Ingram Micro ProAV/Digital Signage Business Unit.
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