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Digital Signage Market Revenue Continues to Dominate with CAGR of 8.1% Globally To 2026

03-31-2020 11:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

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Digital Signage Market

Digital Signage Market

The Global Digital Signage Market 2019 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Digital Signage Industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

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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Digital signage is an emerging technology, which offers high image resolution, and better picture quality over traditional displays. It offers enhanced contrast over the traditional OLED and LED display technologies. In addition, the consumption of power by digital signage is less as compared to other technologies such as LEDs and OLEDs. Thus, rise in demand for such brighter and power-efficient devices fuels the growth of digital signage market.

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.
Rise in demand for bright and power-efficient display panels and rapid digitalization and decline in demand for traditional billboards are the factors that drive the growth of the digital signage market. However, deployment of widescreen alternatives such as projectors and screenless displays and lack of standard policy and power problems hampers the market growth to a certain extent. Furthermore, emerging display technology such as microLED and quantum dots and increase in preference of electronic giants toward large-screen displays offer lucrative opportunities for the market in the country.

The digital signage market is segmented on the basis of offering, product, location, end user, and region. By offering, the market is categorized into hardware, software, and services. By product, the market is classified into single screen display, video wall, and kiosk. On the basis of location, the market bifurcated into indoor and outdoor. The end users covered during the study are retail, education, healthcare, corporate, stadiums, government, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the report include NEC Corporation, Sony Corporation, LG Electronics, Samsung Electronics, Panasonic Corporation, ViewSonic Corporation, Volanti Displays, iSEMC (HHSD), Koninklijke Philips N.V., and Planer System Inc. These key players have adopted strategies, such as product launch, expansion, and partnership to enhance their position in digital signage market.

It also covers in-depth analysis of key regions including the North America, Europe and Asia-Pacific and the main countries including United States, Germany, United Kingdom, Japan, South Korea and China.
It also predicts that which of these regions will boost the market growth globally and help to generate maximum revenue in the industry.
The research clearly shows that the Digital Signage industry has achieved substantial growth since 2024 with several important developments related to the industry. The report is prepared on the basis of detailed evaluation of the industry by experts. To conclude, stakeholders, investors, product managers, marketing executives, and other professionals seeking unbiased information on supply, demand, and future forecasts would find the report valuable.

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Table of Contents:
Part I Digital Signage Industry Overview
Chapter One Digital Signage Industry Overview
Chapter Two Digital Signage Up and Down Stream Industry Analysis
Part II Asia Digital Signage Industry (The Report Company Including the Below Listed But Not All)
Chapter Three Asia Digital Signage Market Analysis
Chapter Four 2018-2026 Asia Digital Signage Productions Supply Sales Demand Market Status and Forecast
Chapter Five Asia Digital Signage Key Manufacturers Analysis
Chapter Six Asia Digital Signage Industry Development Trend
Part III North American Digital Signage Industry (The Report Company Including the Below Listed But Not All)
Chapter Seven North American Digital Signage Market Analysis
Chapter Eight 2018-2026 North American Digital Signage Productions Supply Sales Demand Market Status and Forecast
Chapter Nine North American Digital Signage Key Manufacturers Analysis
Chapter Ten North American Digital Signage Industry Development Trend
Part IV Europe Digital Signage Industry Analysis (The Report Company Including the Below Listed But Not All)
Chapter Eleven Europe Digital Signage Market Analysis
Chapter Twelve 2018-2026 Europe Digital Signage Productions Supply Sales Demand Market Status and Forecast
Chapter Thirteen Europe Digital Signage Key Manufacturers Analysis
Chapter Fourteen Europe Digital Signage Industry Development Trend
Part V Digital Signage Marketing Channels and Investment Feasibility
Chapter Fifteen Digital Signage Marketing Channels Development Proposals Analysis
Chapter Sixteen Development Environmental Analysis
Chapter Seventeen Digital Signage New Project Investment Feasibility Analysis
Part VI Global Digital Signage Industry Conclusions
Chapter Eighteen 2018-2026 Global Digital Signage Productions Supply Sales Demand Market Status and Forecast
Chapter Nineteen Global Digital Signage Industry Development Trend
Chapter Twenty Global Digital Signage Industry Research Conclusions

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