Digital Signage Market , Demand and Analysis of Key Players & Forecasts to 2030

Digital Signage Market size was valued at USD 24.15 Billion in 2021 and is projected to reach USD 47.27 Billion by 2030, growing at a CAGR of 7.75% from 2023 to 2030.

Digital signage is also known as dynamic signage is an electronic screen that advertises contents, broadcast data, television programming, and other contents. Digital signs make utilization of several technologies particularly in LED and LCD. They are found in both private institutions and public places for instance retail outlets, restaurants, corporate environment and so forth. These displays have changed the classical small and micro-display screens with large wall-sized LED and LCD screen displays, utilized around several industries. They are structured for implementations that need the vendors to indulge their customers and audiences with its broader viewing angle and to extract maximum efficiency from the marketing messages.

It is important to engage effective systems for advertising, due to the advancement of various user employed devices and functions. Since electronic signage is a cost efficient as an intermediate for promoting and advertising any product or service which in turn benefits the growth of the digital signage market in the forecast period. Reducing the prices of the displays and improvised user participation are one of the few factors that are anticipated to cushion the growth of the digital signage market across the globe. Additionally, the advancement of the administrative bodies as well as swift spreading of the educational section devote toward the growth of the digital signage market. Technological advancements particularly in the near field communication are anticipated to conceive higher opportunities. The increasing need for bright and power effective screen display panels and fast digitalization and decrease in the demand for classical billboards are some of the factors that are anticipated to propel the growth of the digital signage market trends. Despite that, the formation of the widescreen substitute for instance projectors and screenless displays and absence of standard policy and power concerns are factors that are most likely to hinder the growth of the digital signage market to an assertive extent.

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Global Digital Signage Market: Segmentations

Global Digital Signage Market: By Key Players
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

Global Digital Signage Market: By Types
40 - 50 inch
50 - 60 inch
Under 40 inch
Larger than 60 inch

Global Digital Signage Market: By Applications
Retail
Healthcare
Hospitality
Transportation

Global Digital Signage Market: Regional Analysis
The countries covered in the regional analysis of the Global Digital Signage market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain

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