What’s Driving the Digital Signage Media Player Market Trends? Key Players 3M, Advantech, AOPEN, Barco, BrightSign LLC, Broadsign, Cisco, ClearOne, Dell, Hewlett Packard Enterprise, Intel Corporation, LG Electronics, NEC Display Solutions of America, In
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Increasing installation of media players across various sectors such as retail, corporate and entertainment sector will drive the industry demand. In addition, easy-to-use characteristics followed by the low price of the devices can be considered as major reasons for the rising deployment. Business entities across the globe are creating appealing visual content for employee communication as well as for advertising activities. Deployment of media players is on the rise across restaurants and bars, to improvise the consumer experience by replacing the practice of notifying customers through menu cards, further contributing to the growth of digital signage media player market.
The major players operating in the market-
5. BrightSign LLC
10. Hewlett Packard Enterprise
11. Intel Corporation
12. LG Electronics
13. NEC Display Solutions of America
Major Key Points from Table of Content:
Chapter 4. Digital Signage Media Player Market, By Component
4.1. Global digital signage media player market share by component, 2016 & 2024
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
Chapter 5. Digital Signage Media Player Market, By Product
5.1. Global digital signage media player market share by product, 2016 & 2024
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.2.3. Market estimates and forecast, by application, 2013 – 2024
5.3. Advanced level
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
5.3.3. Market estimates and forecast, by application, 2013 – 2024
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013 – 2024
5.4.3. Market estimates and forecast, by application, 2013 – 2024
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Launch of media players embedded in displays providing benefits such as low power consumption will hinder the digital signage media player market growth over the forecast timespan. In addition, increasing utilization of media streaming devices such as Apple TV, Chromebox could act as substitute product having negatively impacting the industry demand.
Software segment in the digital signage media player market is expected to witness significant growth over the years. This is attributed to the increasing demand for such solutions providing improvised interaction while enhancing the customer engagement and brand visibility. Rising utilization of these solutions for streaming different type of content meant for certain set of customers as well as for promotional and marketing activities will drive the industry demand.
Demand for advanced level products is anticipated to surge pertaining to the increasing deployments across healthcare, BFSI, retail, entertainment and education sectors to enhance the overall consumer experience. Utilization of media players is on the rise for displaying fascinating visual content in order to enrich the viewer experience and keep them entertained and well-informed. Furthermore, these devices are gaining popularity across banks, airports, malls, hospitals and various other sectors for showcasing content associated with infotainment, queuing information, promotions and advertisements.
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Rising spending on media player devices to display promotional and advertising content across various applications such as entertainment, retail and corporate is anticipated to catapult the North America digital signage media player market growth. Low price of the devices coupled with the easily usable characteristics provided by these devices is further contributing to the industry demand. Availability of advanced infrastructure followed by increasing investments on signage systems is expected to drive the regional digital signage media player market.
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