Global Digital Signage Market is projected to grow at a CAGR of 6.95% by 2025
This has been a major factor responsible for continuously changing trends in the advertising sector. Although print advertising still holds some share, digital advertising clearly dominates across all key regions worldwide. Since digital signage is an effective and cost-efficient way of attracting customers, huge investments are being made by companies, across all key business sectors, into leveraging its potential, thus driving the digital signage market growth. The lower overall cost of these solutions, as compared to legacy methods available and the high value returned for the price has been increasing the adoption of digital signage even among small businesses. Since this medium facilitates the efficient flow of information to the target audience, governments across the globe are also leveraging the potential of digital signage to better connect with people.
However, the outbreak of novel coronavirus in Wuhan, China, and its exponential spreading across the globe are affecting the market growth significantly. Since businesses have already taken a hit, and continue to be affected by lockdowns across countries and resultant disruption in supply chains, investments into business functions have also shrunk, thus impacting the digital signage market.
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The recent study on the global digital signage market covers an in-depth analysis of the market on the basis of mounting type, application, offering, end-user industry and geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2020-2025. According to the report titled "Global Digital signage market - Forecasts from 2020 to 2025", the market is estimated to grow at a decent rate during the forecast period. The report has segmented the global digital signage market by mounting type (ground mounted, ceiling mounted and wall-mounted),by application(indoor and outdoor), By Offering(Hardware, Software and Services), end-user industry (retail, government, media and entertainment, transportation and logistics, hospitality and leisure, and others) and by geographies such as North America (USA, Canada, Mexico), South America(Brazil, Argentina, Others), Europe (Germany, France, United Kingdom, Spain, Others), Middle East and Africa (Saudi Arabia, Israel, UAE, Others), and Asia Pacific (China, Japan, South Korea, India, Others).
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global digital signage market.
Major industry players profiled as part of the report areCisco, Samsung, Intel Corporation, Microsoft, Scala, and Sony Electronics Inc.among others.
The global digital signage market has been analyzed through the following segments:
By Mounting Type
o Ground Mounted
o Ceiling Mounted
o Wall Mounted
By End-User Industry
o Media and Entertainment
o Transportation and Logistics
o Hospitality and Leisure
o United Kingdom
Middle East and Africa
o Saudi Arabia
o South Korea
Unique reasons to buy Global Digital Signage Market report-
1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to a detailed analysis of drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.
Scope of Research of the global digital signage market
1. The forecast period is from 2020 to 2025 with 2019 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at the global and regional level
3. Strategies of the key players in analyzing the competitive benchmarking are provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions can be provided on customization requests.
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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