North American Digital Signage Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

The North American digital signage market is estimated to grow at a CAGR of 7.8% during the forecast period. In 2018 the revenue generated in North America was nearly $6.9 billion and it is estimated to reach nearly $11.6 billion in 2025. The digital signage market in North America mainly comprises of the US, and Canada. The major driving factors in the substantial growth of the digital signage market are the rapid adoption of AI, machine learning, and extensive use of IP-based devices. Digital signage finds significant applications in a number of public facilities were relaying information in a structured method and in real-time which is of utmost importance.

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Facilities such as airports, banking facilities, railway stations, healthcare, and retail shops are some of the areas, wherein the presence of digital signage can deliver the information without any need for human interference. Some other application of digital signage is in the entertainment sector. For instance, Cedar Fair Entertainment Co., owns 11 amusement parks in the US and Canada combinedly updated its guest-facing digital signage networks in September 2019. Reflect Systems manages the amusement park 545 digital screens by ReflectView CMS platform to deliver content including videos, text-to-win campaigns, ride wait times and advertisements.

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North American Digital Signage Market Segmentation

By Component Type
o Hardware
o Software

By Product
o Standalone Display
o Video Wall

By Application
o Commercial
o Industrial
o Infrastructural
o Others (Institutional)

Regional Analysis
o US
o Canada

Company Profiles
o 22 Miles, Inc.
o ACRELEC Group
o AOPEN Inc.
o AU Optronics Corp.
o Barco NV
o Benq Corp.
o BrightSign, LLC
o Christie Digital Systems USA, Inc.
o Coates Group Pty Ltd.
o Daktronics, Inc.

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