Press release
Digital Signage Market 2019 Global Analytical Overview by Key Leaders:Cisco System, Samsung Corporation, NEC Display Solutions, Bright Sign, Panasonic, 3M, LG Display, Ad flow Networks
The report on the global Digital Signage market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.Market Highlights:
As per a new report by Market Research Future (MRFR), the global digital signage market is estimated to touch USD 26.3 billion by 2022. The market is predicted to expand at 6 % CAGR during the assessment period (2016-2022). Digital signage enables the display of multimedia content in urban places and promotes advertisements and awareness. The content is displayed on big digital screens such as OLED, LCD, and LED and is mainly adopted in transportation systems, outdoor advertising, public spaces, exhibitions, hotels, and restaurants.
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.
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Major Key Players:
• 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)
• 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.
Future Drivers and Constraints Impacting the Market
Digital Signage offers benefit like more audience engagement, no paper waste, dynamic content control, overcoming spatial limitations, targeted content, interactive digital signage, and cost-effectiveness. With the increased demand for digital signage in commercial and public sector along with cost-effectiveness and assured ROI is spurring the digital signage market globally over the forecast period. Moreover, the emergence of innovative products like leak detector systems, home monitoring systems, complicated monitoring products such as forex cards that require informative advertisement are some of the major factors fueling the market growth over the review period. Use of LED, LCD, OLED, and Super AMOLED is predicted to catalyze the overall market.
Meanwhile, high cost along with lack of technical expertise and standardization are some of the factors inhibiting the growth of the market over the assessment period. Also, hardware and software compatibility, connectivity, networking, and electrical interface are some of the prevailing factors hindering the market growth over the forecast period.
Regional Analysis:
Geographically, the market for digital signage spans across America, Asia Pacific, Europe, and Rest-of-the-World.
North America is anticipated to dominate the market with the largest share owing to the presence of a large network owned by organizations in this region. The increasing demand for digital display in the retail industry has increased in this region which has resulted the market to fuel over the assessment period.
Asia Pacific is also predicted to show positive growth over the review period owing to the growing awareness among the population in this region. India, South Korea, and China are estimated to showcase substantial growth due to the growing applications across banks, retails, offices, hospitality industry, and hospitals.
Segmentation:
The global digital signage market has been segmented on the basis of product type, technology type, component type, application type and region.
Digital Signage Market by Product Type:
• Kiosks
• Billboards
• Signboards
• Menu Boards
• Others
Digital Signage Market by Technology Type:
• LCD
• LED
• OLED
• Front Projection
Digital Signage Market by Component Type:
• Hardware
• Software
• Service
Digital Signage Market by Application:
• Entertainment
• Transportation
• Retail
• Healthcare
• Banking
• Education
• Government
• Others
Browse Complete Report @ https://www.marketresearchfuture.com/reports/digital-signage-market-1102
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
Continued…….
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 DIGITAL SIGNAGE MARKET: BY PRODUCT TYPE (%)
FIGURE 3 DIGITAL SIGNAGE MARKET: BY TECHNOLOGY TYPE (%)
FIGURE 4 DIGITAL SIGNAGE MARKET: BY COMPONENT TYPE (%)
FIGURE 5 DIGITAL SIGNAGE MARKET: BY APPLICATION (%)
Continued…….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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