Press release
Digital LED Signage Market 2022 Research Analysis, Strategic Insights and Forecast to 2027- Samsung Electronics, LG Electronics, Philips
The report provides a strategic analysis of the Global Digital LED Signage Market and the growth estimates for the forecast period 2022 to 2027. The report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. This report focuses on the major drivers, restraints, opportunities, and threats for key players. Also report focuses on Digital LED Signage Market Trends, volume, and value at the global level, regional level, and company level.The Digital LED Signage Market is expected to register a CAGR of 11.3% over the forecast period 2022 – 2027.
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Top companies operating in the Global Digital LED Signage market profiled in the 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 News:
In November 2020, Sharp launched the new massive 8K Ultra-HD professional LCD. The new display packs in 33 million pixels and employs a wide color gamut color filter and optimized LED backlight phosphors. This helps the display to deliver brilliant clarity and reproduce improved gradations of red, blue, and green in the pixels.
In July 2020, LG launched its most advanced LED signage system, LSAA LED signage series. The new product offers giant-screen performance, design, and integration and delivers a cable-less block assembly design.
In June 2020, Planar announced updates for its TVF Series of LED video wall displays. The new 0.9-millimeter pixel pitch model comes with an improved power design and supports high-resolution video walls. The updated model delivers exceptional visual performance and follows simple installation and maintenance.
In June 2020, Sony launched new 55 to 85-Inch BRAVIA 4K HDR BZ40H models of professional displays. The models come in different sizes, including, 55-inch, 65-inch, 75-inch, and 85-inch featuring an embedded 4K HDR processor and TRILUMINOS display technology. The new models are suitable for use across digital signage, conference rooms, security camera surveillance, public spaces, radio and television, smart classrooms, museums and exhibition halls, and healthcare institutions.
In February 2020, Samsung announced the launch of the new QLED 8 K SMART signage, the world’s first 8 K display capable of 24/7 operation. The newly launched signage offers exceptional picture quality and is designed to be wall-mounted. The QLED 8 K signage is available in various sizes for different business needs and is equipped with the AI quantum processor 8 K.
Market Segmentation by Types covers:
40 - 50 inch
50 - 60 inch
Under 40 inch
Larger than 60 inch
Market Segmentation by Applications covers:
Retail
Healthcare
Hospitality
Transportation
Others
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APAC is projected to register the largest market share of the digital signage market in 2027
The Asia Pacific is projected to register the largest market share of the digital signage market in 2027. Owing to low labor costs in APAC, the overall cost of implementing and installing digital signage systems is significantly low in the region. This has led to the emergence of APAC as one of the potentially largest markets for digital signage. The market has experienced significant growth in APAC due to the increasing adoption and penetration of digital technologies and advanced audio-visual solutions integrated with next-generation technologies, including AI and AR. Several countries, such as China, South Korea, and India, have witnessed developments related to infrastructure in recent years, along with the growth of retail, BFSI, and transportation applications. This factor is also expected to drive the demand for digital signage in the region.
Regional Analysis for Digital LED Signage Market:
North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users. The global Digital LED Signage Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.
Major Points Covered in Table of Content:
Chapter 1: Digital LED Signage Market Overview
Chapter 2: Analysis of Strategies of Leading Players of Digital LED Signage Market
Chapter 3: Study on Key Market Trends
Chapter 4: Digital LED Signage Market Forecasts
Chapter 5: Regional Growth Analysis of Digital LED Signage Market
Chapter 6: Market Analysis
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Key Reasons to Purchase:
– To gain understanding analyses of the Digital LED Signage Market and have a comprehensive understanding of the global market and its commercial landscape.
– To understand the most affecting driving and restraining forces in the market and their impact on the global market.
– To understand the future outlook and prospects for the Digital LED Signage Market.
– To know the Key market trends across the business segments, Regions, and Countries.
– To analyze competitive growths such as new product launches, agreements, and share in the market.
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1- Country-level analysis for any 5 countries of your choice.
2- Competitive analysis of any 5 key market players.
3- 40 analyst hours to cover any other data points
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Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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