Digital Signage Market Size, Share | Industry Report 2024
Escalating demand for emerging technologies including OLED, LED, LCD and UHD displays is likely to accelerate the digital signage market growth significantly over the forecast period. Developments in technology offerings paired with infrastructure expansion is expected to catapult the digital signage demand. Further, the integration of big data analytics, smart content and real-time data management tools with dynamic interfaces and multiple presentations is also anticipated to propel product demand over the coming years.
The industry is noticing mounting demand for digital signage in commercial and public sectors coupled with its cost effectiveness and secure return on investment. Additionally, elevating usage of high-brightness displays in out-of-home advertising applications and evolving 4k displays and ultra-narrow bezels may further drive market growth.
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Key findings from the study: -
• Global POS Terminal Market was valued at $15.8 Billion in 2015 and is estimated to grow at a CAGR of over 8% from 2016 to 2024.
• Escalating demand for emerging technologies including OLED, LED, LCD and UHD displays is likely to accelerate the digital signage market growth significantly over the forecast period.
• Notable industry participants including Sony Corporation, Sharp Corporation, NEC Display Solutions Ltd., Samsung Electronics Co Ltd., Panasonic Corporation, and LG Display Co Ltd.
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