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Digital Signage Market Expanding Massively by 2020-2026 Profiling Leading Players- NEC Corporation, Sony Corporation, LG Electronics, Samsung Electronics, Panasonic Corporation

03-06-2020 03:26 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Digital Signage Market

Digital Signage Market

The global digital signage market size was valued at $17.23 billion in 2018, and is projected to reach $32.12 billion 2026, growing at a CAGR of 8.1% from 2019 to 2026. Digital signage is a class of large display screen formats that improve the visual experience with its professional-grade image quality and are mostly used for endorsing and advertising. These displays have replaced the traditional small and micro-display screens with large wall-sized LED and LCD displays, used across various industries. They are designed for applications that require the vendors to engage their customers/audiences with its wider viewing angle and to extract maximum effectiveness from the marketing messages.

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Leading Digital Signage Market Players:
NEC Corporation
Sony Corporation
LG Electronics
Samsung Electronics
Panasonic Corporation
ViewSonic Corporation
Volanti Displays
iSEMC (HHSD)
Koninklijke Philips N.V.
Planer System Inc.

Major vendors such as Samsung, Apple, and Sony, and others adopt digital display technology on a large scale, owing to less power consumption, enhanced response time, and superior contrast over traditional display systems such as OLED, LED, and others. For instance, Samsung Electronics is expected to launch a modular technology The Wall, a self-emitting 146-inch Micro LED TV, which does not require color filters to produce perfect black and accurate colors unlike other display technologies. Thus, increase in preference of electronic giants toward large screen display format boosts the growth of the market.

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The Digital Signage Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Digital Signage Market based on product and application. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Digital Signage Market, By Component
Chapter 5: Digital Signage Market, By Deployment
Chapter 6: Digital Signage Market, By Organization Size
Chapter 7: Digital Signage Market, By Application
Chapter 8: Digital Signage Market, By Region
Chapter 9: Competitive Landscape
To Continue...

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