Press release
Digital Signage Market Report 2023: Key Companies LG Electronics, Microsoft, NEC Display Solutions Ltd., Strategic Initiative, Omnivex, Panasonic, Strategic Initiative, Polk Audio, Samsung Electronics, Strategic Solutions
Digital Signage Market
Favourable application overview along with improved user experience is a key factor driving the industry growth in Asia Pacific. Regional demand for the digital signage across transportation segment is predicted to register a CAGR of about 7% during the forecast period.
Digital Signage market share is estimated to surpass USD 23 billion by 2023 driven by factors like cost effectiveness, growth of commercial displays, higher ROI (Return on investment) as compared to other communicating channels, and favorable regulatory scenario in the healthcare sector, etc. A paradigm shift has taken place in the pattern of content communication wherein traditional techniques (newspapers, radio, online banners, social media, etc.) which were used for marketing an organization's products & services are now being thoroughly replaced by digital signage which is considered to be more effective and economic.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/392
LCD display technology contributed to greater than 55% of the industry share for 2015 but is predicted to expand at sluggish rate than global average during forecast period. Large screen sizes like those bigger than 50 inch displays are predicted to experience higher acceptance during forecast timeframe. In contrast to this, small sized displays are predicted to lose their industry share due to declining LCD costs and rising digital signage market size.
Regulatory norms pertaining to marketing techniques in the healthcare sector is also boosting the industry growth. PhRMA (the Pharmaceutical Research and Manufacturers of America) prohibited the use of older marketing methods such as distribution of notepads, clipboards, and branded pens by pharmaceutical companies and emphasized on adoption of 3D technology based signage tool. Digital signage market share in healthcare segment is estimated to exceed USD 850 million by 2023 at a CAGR of 7%.
Make an Inquiry for purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/392
Key industry participants like Samsung, AUO, Panasonic, Innolux, and LG Corporation contributed towards a major share of Digital signage market in 2015. Also, the industry expansion will create high growth opportunities for new entrants and SMB's owing to buyers' focus shifting towards cost-effective solutions along with a higher ROI (Return on investment).
Contact Us: -
DecResearch.com
Website: - https://www.decresearch.com/
Email: info@decresearch.com
About Us:
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Signage Market Report 2023: Key Companies LG Electronics, Microsoft, NEC Display Solutions Ltd., Strategic Initiative, Omnivex, Panasonic, Strategic Initiative, Polk Audio, Samsung Electronics, Strategic Solutions here
News-ID: 1977933 • Views: 421
More Releases from Global Market Research
What's Driving the Aircraft Communication System Market Share? General Dynamics, …
A rather crucial component of the air traffic management, SATCOM has emerged as the most popular product of the aircraft communication system market in the recent past. As the global air traffic is expected to increase at an unprecedented pace every year, prominent airlines across the world would undoubtedly be upgrading their SATCOM systems to enhance passenger experience and upgrade, operational efficiency. Furthermore, SATCOM is being deployed extensively in military…
What's Driving the Aerospace Landing Gear Market Trends? Delta TechOps , Eaton C …
The North America aerospace landing gear market is slated to amass hefty proceeds from the regional aircraft segment as many Asian and African nations will look to expand their domestic fleet size and service capabilities. To elaborate, a 2017 report forecast that over the next 15 years, approx. 5,728 regional aircrafts valued at USD 212.9 billion could be manufactured, including jets and turboprops. Consequently, the aerospace landing gear industry will…
What's Driving the Automotive Electronics Market Trends? Top Players are Altera, …
The deployment of such systems to maintain passenger and vehicle safety is thus slated to impel automotive electronics market share. Over the coming years, the use of real-time operating systems and the development of next-generation visualization tools for automotive in-vehicle systems is likely to increase at an exponential rate. The surging awareness among people about the benefits of autonomous vehicles will thus help augment the utilization of electronic content in…
What's Driving the Vehicle Tracking Device Market Growth? Top Players are ATrack …
The vehicle tracking device market is estimated to exceed USD 3 billion by 2025. The global vehicle tracking device industry has witnessed an unprecedented growth rate owing to enhanced fleet management techniques which are reducing operation cost of managing large fleet operations. These tracking systems enable monitoring of fuel consumption, engine parameters, and driver's behavior along with ensuring safety, thus making them an essential component in fleet management techniques.
Wireless tracking…
More Releases for Digital
Advanced Digital Marketing Course
Digilearnings is introducing a practical learning based course which is the most trending and interesting course currently i.e. ADMC ( advanced digital marketing course).
Advanced Digital marketing course is specially designed by the professionals of Digilearnings to help students who want to make their career in the Digital Marketing field.
The team of Digilearnings has specially designed this course by keeping in mind the growing sector of Digital Marketing.
The Advanced Digital Marketing…
Digital Radiography – Digitizing Healthcare
Increasing health consciousness and growing awareness about the same are leading to higher footfalls in diagnostic laboratories. This is contributing towards overall growth of diagnostics market. Furthermore, digitization in healthcare sector is easing patient diagnosis, providing accurate and faster test results. X-ray being the most conventional and effective diagnostic tool, digitization in the X-ray system has gained a strong foothold in diagnostic laboratories across the globe. Also, with more research…
Room Sensors Become Digital
The EE10 room sensors from E+E Elektronik measure accurately the relative humidity and temperature in commercial and residential buildings. Besides existing versions with analogue outputs, the devices are now also available with Modbus RTU or BACnet interface, which facilitates integration into modern climate control systems. The functional enclosure allows for fast and easy installation.
The EE10 room sensors family includes models for humidity and temperature measurement as well as for temperature…
Digital Twin
Innovations in sciences and technological advances will drive the development of different types of sensors. The demand for sensors in industries is increasing as they offer various advantage such as low cost and low power consumption. Publisher’s market study identifies the developments in sensor technologies and communication devices to be one of the primary growth factors for the digital twin market. Also, these sensors aid in enterprise mobility, remote monitoring,…
Digital Currency & Cryptocurrency – A New Digital Future
Digital currency, also known as Digital money, is a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific Digital community. The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury, defined Digital currency in its guidance published in 2013. In 2014, the European Banking Authority defined Digital currency as “a digital representation of…
TrendSights Analysis: Digital Consumption: Understanding digital culture
"The Report TrendSights Analysis: Digital Consumption: Understanding digital culture provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
The overall time spent consuming digital content has already surpassed all other media sources altogether (TV, radio, print), which represents a new shift in the way consumers are engaging with digital consumption. In order not to be excluded from the digital world, brands are developing…
