Press release
Digital Signage Market Worth $26.3 billion by 2027 at a CAGR of 6.4%| Industry Growth Analysis & Future Demand
Meticulous Research- leading global market research company published a research report titled "Digital Signage Market by Product (Videowall, Kiosk, Menu boards & Billboards) Component (Hardware (LCD, LED & OLED)), Services), Application, Industry Vertical (Retail, Hospitality, Entertainment, Transportation, Healthcare) - Global Forecast to 2027".According to this latest publication from Meticulous Research, the digital signage market is expected to grow at a CAGR of 6.4% from 2019 to 2027 to reach $26.3 billion by 2027.
Get Free Sample Copy of this Report:
https://www.meticulousresearch.com/download-sample-report/cp_id=5090
The growth in this market is attributed to the factors such as increasing adoption of digital signage products in commercial vertical, rapid digitization in emerging countries, and growing technological advancements in display technology. Also, proliferation of smart cities offers significant opportunities for the players operating in the digital signage market. However, increasing trend of online advertisement obstructs the growth of this market to some extent.
The global digital signage market study presents historical market data in terms of value (2017 and 2018), current data (2019), and forecasts for 2027. The market is segmented on the basis of product type (video wall and standalone display (kiosk (interactive (self-service & vending) & non-interactive), menu boards (interactive & non-interactive) & billboards)) by component (hardware (display (LCD, LED & OLED), projectors & media players), software, services (installation, maintenance & support)), by application (indoor & outdoor), by industry vertical (retail, hospitality, entertainment, transportation, corporate, healthcare & others), and region. The study also evaluates industry competitors and analyses the market at a country level.
Based on product, the standalone display segment commanded largest share of the overall digital signage market in 2019. The large share of this segment is mainly attributed to growing transport networks, public infrastructure, and new commercial buildings particularly in developing economies along with the integration of interactive displays such as touch screens, movement detection, and active image capture devices.
Based on the component, the digital signage hardware segment commanded the largest share of the overall market in 2019. However, the advancements in digital signage software technology and increasing demand for better data analysis and content management will result in the software segment emerging as the fastest-growing segment during the forecast period.
Check complete table of contents with list of table and figures:
https://www.meticulousresearch.com/product/digital-signage-market-5090/
Based on the application, the digital signage market is segmented into indoor digital signage and outdoor digital signage. Indoor applications accounted for the largest share of the overall market in 2019. However, the demand for outdoor signage is expected to grow with the fastest growth rate in the coming years, owing to its rapid adoption at street billboards, storefront windows, stadiums, transit, QSRs, shopping malls, and airports, among others. The outdoor digital displays also allows to deliver a unified brand identity and content messaging in outdoor environments. As demand accelerates for outdoor signage displays, the key players are helping to drive that growth by developing and delivering next-generation solutions that best meet customers' needs. Superb viewability in challenging outdoor conditions, replaceable glass, smart platforms, easy installation, and reliability are some of the important areas companies are focusing on in outdoor segment.
Based on industry vertical, the retail segment accounted for the largest share of the overall digital signage market in 2019. The segment is predicted to maintain its market position over the forecast period and also exhibit growth at a considerable pace due to growing demand. Also, retailers are investing in smarter technologies and are increasingly focusing on upgrading their infrastructure to integrate digital signage solutions which is further expected to propel the growth of this market in the next few years.
You Can Directly Buy This Report From Here:: https://www.meticulousresearch.com/buy_now.php?pformat=392&vformat=1160
(Get key industry insights spread across 203 pages with 234 market data tables & 32 figures & charts from the report)
Key questions answered in the report-
1 Which are the high growth market segments in terms of the product, component, application, industry vertical, and countries?
2 What is the historical market for digital signage across the globe?
3 What are the market forecasts and estimates from the period of 2019-2027?
4 What are the major drivers, restraints, and opportunities in the global digital signage market?
5 Who are the major players in the global digital signage market and what share of the market do they hold?
6 Who are the major players in various countries and what share of the market do they hold?
7 How is the competitive landscape?
8 What are the recent developments in the global digital signage market?
9 What are the different strategies adopted by the major players in the market?
10 What are the geographic trends and high growth countries?
11 Who are the local emerging players in the global digital signage market and how do they compete with the other players?
Have Any Query? Ask Our Expert
https://www.meticulousresearch.com/speak-to-analyst/cp_id=5090
Geographical Analysis:
Geographically, North America commanded the largest share of the global digital signage market in 2019. The large share of this region is primarily attributed to the presence of major digital signage manufacturing companies and their focus on developing advanced digital signage products; technological advancements; growing advertising sector; and growing retail and hospitality industry. Further, the growth in transportation networks, educational facilities, and commercial establishments is creating numerous opportunities for digital signage system vendors in this region.
Key Players:
The key players operating in the global digital signage market are LG Electronics, Inc. (South Korea), Samsung Electronics Co., Ltd. (South Korea), Shanghai Goodview Electronics Co., Ltd. (China), Intel Corporation (U.S.), Hewlett Packard Company (U.S), Cisco Systems, Inc. (U.S), NEC Corporation (Japan), Sony Corporation (Japan), Hitachi, Ltd. (Japan), Panasonic Corporation (Japan), Sharp Corporation (Japan), AU Optronics Corporation (Taiwan), Leyard Optoelectronics Co., Ltd. (U.S), Delta Electronics, Inc. (Taiwan), Barco NV (U.S), among others.
Download Report Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5090
Browse Related Reports:
1 Digital Transformation Market by Technology (IoT, Cloud Computing, Big Data Analytics, Artificial Intelligence, Cybersecurity, Mobility Solutions, AR/VR, Robotic Process Automation, Others), End-use Industry (Retail, Government and Public Sector, Healthcare, Supply Chain and Logistics, Utilities, Manufacturing, Insurance, IT and Telecom, Media and Entertainment, Banking and Financial Services, Education, Others) Industry Size (Small and Medium Enterprises, Large Enterprises), Process (Customer Transformation, Operational Transformation, Product Transformation, Workforce Transformation) - Global Forecast to 2025
https://www.meticulousresearch.com/product/digital-transformation-market-4980/
2 Artificial Intelligence in Supply Chain Market by Component (Platforms, Solutions) Technology (Machine Learning, Computer Vision, Natural Language Processing), Application (Warehouse, Fleet, Inventory Management), and by End User - Global Forecast to 2027
https://www.meticulousresearch.com/product/artificial-intelligence-ai-in-supply-chain-market-5064/
Asia-Pacific
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
For Sales Enquires
India: +91-744-7780008
U.S.: +1-646-781-8004
U.K.: +44-203-868-8738
About Meticulous Research
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze and present the critical market data with great attention to details.
Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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 Worth $26.3 billion by 2027 at a CAGR of 6.4%| Industry Growth Analysis & Future Demand here
News-ID: 2007698 • Views: …
More Releases from Meticulous Research
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth.
Download free…
Language Learning Market Projected to Reach $124.6 Billion by 2031
Meticulous Research® recently published a report titled, "Language Learning Market by Age Group (40 years), Language (English, Mandarin, Spanish, French, German, Italian, Japanese), End User (B2C, B2B), and Geography - Global Forecast to 2031."
Download sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5561
According to the report, the language learning market is anticipated to reach $124.6 billion by 2031, growing at a CAGR of 10.7% from 2024 to 2031. Key factors fueling this growth…
Oncology Information Systems Market to be Worth $4.45 Billion by 2030: Analytica …
Introduction:
Meticulous Research® recently released a comprehensive report titled "Oncology Information Systems Market By Offering (Software, Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) - Global Forecast to 2030." The report reveals that the oncology information systems (OIS) market is projected to reach approximately $4.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024. This growth is…

IoT Sensors Market to be Worth $56.8 Billion by 2030
Meticulous Research®-a leading global market research company, published a research report titled, 'IoT Sensors Market by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity Sensors, Optical Sensors, Others), Technology (Wired, Wireless), Sector (Manufacturing, Retail, Consumer Electronics, Others), & Geography - Global Forecast to 2030.'
According to this latest publication from Meticulous Research®, in terms of value, the IoT sensors market is projected to reach $56.8 billion by 2030, at a CAGR of…
More Releases for Digital
Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft.
In today's world, it can be tough for content creators and publishers to make money and connect with their audience.
At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction
The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031.
Industry Overview
Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. Digital…
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant…
Digital Advertising on Mobil Market Analysis 2019 Top Growing Companies: Adverti …
Digital Advertising on Mobil Market
Digital Advertising on Mobile Market is a type of advertising that shows that mobile devices such as smart phones and tablets have wireless connectivity. For mobile devices with fewer lenses than computers or laptops, digital media formats are often the most suitable for small displays through outputs. Telephone advertising is the communication of products or services of mobile devices and consumers. Telephone announcements range from…
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect.
Get Sample Copy of this Report -…