Digital Signage Market 2021 Highlights, Recent Trends, Market Growth and Opportunities till 2027 - Samsung Electronics, LG Electronics, Philips, Toshiba, Daktronics, Sony, Panasonic

The Digital Signage Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2016 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global Digital Signage Market with its specific geographical regions.

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“Digital Signage Market size is expected to reach USD 27.8 billion by 2026 from USD 16.3 billion in 2021, at a CAGR of 11.2% during the forecast period”

Top leading Companies Profiled in Digital Signage Market Report are Samsung Electronics, LG Electronics, Philips, Toshiba, Daktronics, Sony, Panasonic, NEC Display, Sharp, Planar Systems (Leyard), Mitsubishi, Chimei Innolux (CMI), Advantech, Goodview (CVTE), Cisco Systems Inc, Marvel Digital,

Industry Recent Developments and Updates

July 13, 2021 VeryPC launch online shop to provide digital signage hardware and software bundles that are easy to buy- VeryPC, a leading IT company based in Sheffield, UK, today announced the launch of their new online webshop. Specialising in the build of desktop PCs, digital signage players and Intel NUC mini-PCs for the education and corporate sector, the VeryPC webshop has been launched as an effective means to sell ‘list price’ products to IT/AV integrators through an online portal.

August 10, 2021 Panasonic Launches ‘Complete Digital Signage Solution’ Ecosystem for Customized Content Management- Panasonic launched what it is calling the “Complete Digital Signage Solution” ecosystem of products that includes customized products, software and services. The company claims the solution streamlines set up and maintenance and creates flexibility in workflows like controlling content locally or remotely. Panasonic aims the new lineup at House of Worship (HOW), Education, Corporate and Retail markets.

 

June 27, 2019 Philips launches AR app for virtual signage- Philips Professional Display Solutions recently unveiled its Augmented Reality Configurator app, which allows end users to get an idea of how its PDS signage displays would look on any wall. The app measures a selected space and gives customers feedback on what display would work best for that area, according to a press release.

JULY 21, 2020 Samsung Launches Innovative Digital Window Display with Eye Catching Dual Display Solution for Retailers- Samsung, a leading manufacture of smartphones and consumer electronics has launched its Digital Window Display OMN-D series that comes with dual display, setting a new benchmark in display solutions for smart retail outlets and restaurants.

TPV launches Video Walls of Philips Digital Signage Solutions in India- Philips has launched its Video Walls of its digital signage solutions  for Indian market. Marketed by MMD, a subsidiary of TPV Technology Ltd,the Philips signage solutions are designed for visual exposure through wide display for various public locations and offer a variety of spectacular features for a superior display experience.

TPV Announces New Technology Of Philips Digital Signage Solutions In India- The Philips Digital Signage Solutions were launched in India in 2012 and now the company has announced the launch of revolutionary XL Series (Video wall) of signage solution with brightness of 500/700 cd/m2, with OPS module and Smart Insert features. This is a perfect semi outdoor display device for commercial displays. The Video walls zero bezel displays, customizable in a formation of up to 15 x 10 displays. Compared to the competitors, these walls have ultra-narrowbezel, whichensures no gap in between the pictures, to provide incredible illustrations of the video images.

Market Overview

Digital signage are used in indoor and outdoor applications. In outdoor applications, they are used in the form of kiosks, billboards, and signboards. Harsh weather conditions, such as rain, snow, dirt, and extreme temperatures, can affect the performance of the digital signage and even might degrade their future performance. Digital signage, which are exposed to direct sunlight for long hours over a period of time, can also develop thermal management issues. This can affect the longevity of displays or even can degrade their performance. Therefore, it is extremely important to choose cooling filters and thermal management software to manage digital signage heat build-ups.

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 trends. However, deployment of widescreen alternatives such as projectors and screenless displays and lack of standard policy and power problems hamper the digital signage 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. Transparent LED screens offer high resolution and a transparency level beyond 80%. Besides, they are adequately efficient in terms of energy, thus, reducing energy consumption and optimizing the overhead expenditure of users. All these factors are anticipated to catapult the demand for transparent LED screens over the coming years.

Market Research Study Focus on these Types:

40 - 50 inch

50 - 60 inch

Under 40 inch

Larger than 60 inch

Market Research Study Focus on these Applications:

Retail

Healthcare

Hospitality

Transportation

Others

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Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Digital Signage Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Digital Signage market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Digital Signage market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Digital Signage

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In conclusion, the Digital Signage market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Digital Signage Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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