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Digital Signage Market, 2022 Size, Share, Trends, Growth Outlook With Company Analysis And Forecast To 2031
Hyperspectral Imaging System Market
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The global digital signage market report by the business research company identifies increasing demand for 4K and 8K resolution displays is significantly to be a major growth driver for the digital signage market. The desire for greater resolution, larger-sized TVs with modern display technology that gives realistic images with better image quality and increased viewing experience is driving demand for 4K and 8K resolution screens. The display screen's display resolution produces a crisp and easy-to-read image. In stadiums, retail stores, museum theatres, and planetariums, 4K and 8K resolution displays are constructed with ideal viewing distances for varied resolutions in view. For instance, according to Consumer Technology Association report, in 2020, 4K ultra-high definition (UHD) sets accounted for 25 million units, up 12% from 2019.
The global digital signage market is expected to grow from $17.33 billion in 2021 to $19.69 billion in 2022 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The digital signage market is expected to reach $28.3 billion in 2026 at a CAGR of 9.5%.
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North America was the largest region in the digital signage market in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the digital signage market are Samsung Electronics, LG Electronics, Leyard Optoelectronic, Sony Corporation, Sharp Corporation, Panasonic Corporation, NEC Corporation, Planar Systems Inc, Philips, Keywest Technology, Omnivex Corporation, Christie Digital Systems, BenQ Corporation, BrightSign LLC, and Toshiba.
The global digital signage market is segmented -
1) By Product:, Cameras, Acessories
2) By Technology: Push Broom, Snapshot, Others
3) By Application: Military Surveillance, Remote Sensing, Life Sciences And Medical Diagnostics, Machine Vision And Optical Sorting, Others
4) By End user: Food And Agriculture, Health care, Defense, Mining And Metrology, Others
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The Digital Signage Market Report Contents Include
1. Executive Summary
2. Digital Signage Market Characteristics
3. Digital Signage Market Trends And Strategies
4. Digital Signage Market - Macro Economic Scenario
5. Digital Signage Market Size And Growth
....
27. Digital Signage Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Signage Market
29. Digital Signage Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the digital signage market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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