Digital Signage Market Growth, Demand, Size, Share and Analysis by Cisco System, Hewlett-Packard, NEC Display Solutions, 3M, Ad flow Networks

Market Highlights:

Digital Signage involves use of multiple inspection and other cameras along with the illuminators, processors and sensors. in this system, the cameras are mounted at different places and provides and 3-D snapshot to the system for the assessment. This type of system is majorly used in the automotive industry where the object is hard to access by the 2D or 1D machine visions systems and requires high level of the accuracy. Robots in the manufacturing process also takes help of Digital Signage while performing the tasks to ensure the quality of the object. One of the major application of Digital Signage system is inspection.

Digital Signage system which perform crucial part in assuring the quality of the product. Use of Digital Signage for inspection also helps to detect any contaminants, size flaws, design flaws or functional flaws among others in the manufacturing industry. Inspection also helps to inspect the completeness of the product such as packaging of the medicines in pharmaceutical industry or checking of safety seals and caps on bottles in foods and beverages industry.

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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Major Key Players:

The prominent players in the digital signage market are – 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) and Omni Vex Corporation (Canada), among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Digital Signage market.
According to MRFR, The Global Digital Signage Market is expected to grow at USD 26.3 Billion by 2022, at ~6% of CAGR between 2016 and 2022.

Industry News

A consumer technologies provider, D&H Distributing, has launched an initiative focusing on digital signage and Pro-A/V. The company will help value-added resellers handle large format digital signage, video walls, video conferencing solutions and more.

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Market Segmentation:

The global digital signage market has been segmented on the basis of technology type, product type, application type, component type, and region.
By mode of product type, the global digital signage market has been sub-segmented into kiosks, billboards, signboards, menu boards, and others. Among these, the segment for kiosks has gained a high market share owing to easy mounting and installation, low price, and connectivity.
By mode of technology, the global digital signage market has been segmented into LCD, LED, OLED, and front projection. Among these, LCD has been extensively used in the marketing and advertising industry and accounts for the largest market share.

By mode of component, the global digital signage market has been segmented into hardware, software, and service. Among these, the hardware component is likely to dominate the industry and is estimated to maintain its dominance over the review period. The hardware component comprises displays, banners, and components needed in manufacturing a digital panel. Compared to software component, the requirement for hardware is high and accounts for the largest market share.

By mode of application, the global digital signage market has been segmented into entertainment, transportation, retail, healthcare, banking, education, government, and others. Among these, the retail segment is more prominent and demands digital advertisements to promote and market products and services. Competition among the retailers due to variety of product offerings has resulted in the growing awareness for effective marketing strategies.

Intended Audience
• Software investors
• Security solution vendors
• Digital Signage service providers
• Value-added Resellers
• Distributers
• Investors and Venture Capitalist
• Security Management Service Provider
• Security Equipment Providers
• Security Agencies
• System Integrators
• Research/Consultancy firms

LIST OF TABLES
TABLE 1 DIGITAL SIGNAGE MARKET, BY PRODUCT TYPE
TABLE 2 DIGITAL SIGNAGE MARKET, BY TECHNOLOGY TYPE
TABLE 3 DIGITAL SIGNAGE MARKET, BY COMPONENT TYPE
TABLE 4 DIGITAL SIGNAGE MARKET, BY APPLICATION
TABLE 5 DIGITAL SIGNAGE MARKET, BY REGIONS

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This release was published on openPR.