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Canadian Digital Signage Market to Witness Astonishing Growth by 2029

05-01-2023 07:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Canadian Digital Signage Market to Witness Astonishing Growth

The Canadian digital signage market is estimated to grow at a CAGR of around 8.5% during the forecast period to reach around $1.5 billion in 2025 from $828 million in 2018. Canada contributes considerably to the growth of the digital signage market in North America. Canadian digital signage installation was propelled by the growing adoption of AI, machine learning, and extensive use of IP-based devices. The applications of digital signage can be seen across different sectors which include airports, hotels and restaurants, retail malls, and others. One of the major Canada based company working in the market is Cineplex Digital Media. In September 2019, the company got an order from AMC Theatres to manage its digital network which includes its box office and concession stand signage, of whole North America. AMC Theatres has more than 10,675 multiplex locations globally and 630 multiplex locations in the US. The implication of the theater signage is to enhance the experience and customer satisfaction on the path to purchase. 

 

The Canadian digital signage market is segmented on the basis of component type, product, application, and region. On the basis of component type, the market is divided into hardware and software. On the basis of the product, the market is classified into standalone display and video wall. Furthermore, the market is classified, on the basis of application, into commercial, industrial, infrastructural, and others. Commercial application of digital signage is estimated to be the fastest-growing segment during the forecast period. The segmental growth is attributed to the extensive application of digital signage displays for advertisement and for announcements in the commercial sector. The commercial sector includes retail, healthcare, hospitality, and government, with applications across hospitals, hotels, quick-service restaurants (QSRs), and malls.

 

To Request a Sample of our Report on Canadian Digital Signage Market:  https://www.omrglobal.com/request-sample/canadian-digital-signage-market

Canadian Digital Signage Market Segmentation

By Component Type

Hardware
Software

By Product

Standalone Display
Video Wall

By Application

Commercial
Industrial
Infrastructural
Others (Institutional)

A full Report of Canadian Digital Signage Market is Available at:  https://www.omrglobal.com/industry-reports/canadian-digital-signage-market

Company Profiles

22 Miles, Inc.
ACRELEC Group
AOPEN Inc.
AU Optronics Corp.
Barco NV
Benq Corp.
BrightSign, LLC
Christie Digital Systems USA, Inc.
Coates Group Pty Ltd.
Daktronics, Inc.
Delta Electronics, Inc.
E Ink Holdings Inc.
Exceptional 3D, Inc.
Goodview Electronic Co., Ltd.
Intel Corp.
Intuilab SAS
LG Electronics Inc.
Navori SA
NEC Corp.
Omnivex Corp.
Panasonic Corp.
Planar Systems, Inc.
Samsung Electronics Co., Ltd.
Scala, Inc.
Sharp Corp.
Sony Corp.

Reasons to Buy From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/canadian-digital-signage-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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