Press release
Digital Signage Market Poised for Expansion, Projected to Reach $32.55 Billion by 2030
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐDigital signage, a remotely managed digital display, has emerged as a highly efficient and engaging medium for delivering multimedia content. It serves business owners, brand marketers, and advertising agencies by providing a powerful tool to inform, promote, and entertain consumers.
The Global Digital Signage Market is evolving rapidly, integrating the latest technological advancements and industry trends. Digital signage finds extensive applications in educational institutions, where it is used for campus news, digital menu boards, classroom scheduling, emergency notifications, and third-party advertising.
The market has transitioned from cumbersome CRT screens to ultra-flat LED, LCD, UHD, OLED, and Super AMOLED displays in various sizes and resolutions. Trends such as mini/micro LED delivering TV-like resolutions, brand extension through displays, integration with innovative architecture, and content moving to the cloud are driving the market. Industries utilize roadside billboards, high street digital representations, window touch screens, and outdoor digital signage, significantly boosting market growth.
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐
The Digital Signage Market, valued at USD 20.04 billion in 2023, is anticipated to experience substantial growth. By 2030, the market is projected to reach nearly USD 32.55 billion, reflecting a CAGR of 7.15% from 2024 to 2030.
๐๐๐๐๐ฌ๐ฌ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ ๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/request-sample/11883/
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
Technological advancements in display technologies are the primary drivers of the global Digital Signage Market. The continuous development of high-resolution screens, OLED displays, and interactive touchscreens enhances visual appeal and functionality. QLED offers an affordable upgrade for LCDs, while emerging technologies like AI, AR, and sensor technologies enable features such as facial recognition, gesture control, and real-time data analytics, boosting the effectiveness of digital signage.
These advancements create innovative products that push the boundaries of digital signage offerings, enhancing interactivity and integration with other technologies. The market is constantly driven by improvements in picture quality, immersive experiences, and innovative form factors.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐ง๐ญ๐๐ซ๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ
Digital signage is a cost-effective and easy-to-manage solution compared to traditional forms. The market is growing as businesses increasingly adopt interactivity and facial recognition technologies, providing personalized experiences that engage customers and increase satisfaction. Advances in touchscreen technology, multi-touch screen capabilities, haptic technology, cloud-based developments, and sensors create dynamic and personalized content tailored to the environment and user behavior.
๐๐๐ฏ๐ข๐ ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ ๐ข๐ง ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐ฆ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
Despite the booming growth, digital signage implementation faces challenges such as high setup costs, security concerns, and regulatory compliance. Installing digital signage systems, including displays, media players, software, and installation, can be expensive. Ensuring data security as it travels between management applications and end devices is crucial. Additionally, obtaining permits and adhering to regulations for installing digital signage in public spaces can be a lengthy process, delaying implementation.
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
The Digital Signage market report offers a deep dive into the latest trends in sub-segments, revealing insights into revenue growth at local, regional, and scales. current trends within sub-segments, shedding light on revenue growth at local, regional, and levels. The report provides an inclusive view of the Digital Signage, it synthesizes qualitative and quantitative data. A full analysis of regional and sector-specific markets, including factors driving growth, limitations, potential opportunities, and obstacles, is essential for investors. Maximize Market Research Pvt Ltd has implemented a comprehensive research methodology to ensure the accuracy and reliability of the Digital Signage Market Report.
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Video Walls
Standalone Displays
Kiosks
Interactive
Self Service Kiosk
Vending Kiosk
Non Interactive
Menu Boards
Interactive
Non Interactive
Billboards
Digital Posters
Transparent LED screen
Digital Posters
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Hardware
Software
Services
by Size Below 32 Inches
32 to 52 Inches
More than 52 Inches
๐๐ฒ ๐๐ง๐ฌ๐ญ๐๐ฅ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐จ๐๐๐ญ๐ข๐จ๐ง
In-Store
Out store
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Retail
Hospitality
Entertainment
Stadiums & Playgrounds
Corporate
Banking
Healthcare
Education
Transportation
The retail segment held the largest market share of about 40% in the global digital signage market in 2023. Retailers use digital signage to capture customer attention and influence purchasing decisions. The segment is driven by high foot traffic, brand awareness needs, and product promotions. Eye-catching signage, interactive kiosks, and effective content are crucial for promoting specific products and deals. The ability to update content easily, respond to seasonal demands, integrate social media feeds and reviews, and adopt sustainable displays drives the market.
The corporate segment is also expected to grow significantly during the forecast period. The increase in remote and hybrid work models necessitates effective communication and engagement tools, making digital signage more valuable. The shift towards office environments creates a greater demand for visual communication tools to connect employees and overcome barriers.
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ : https://www.maximizemarketresearch.com/request-sample/11883/
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
North America dominated the global Digital Signage Market with the highest share of over 35% in 2023. The region is expected to grow at a CAGR of 7.15% during the forecast period, maintaining its dominance. The early adoption of advanced technologies, high financial capacity of businesses, and presence of leading companies contribute to the widespread adoption of digital signage in North America. Consumers in the region are accustomed to digital signage, contributing to the market's overall success.
๐๐ฎ๐ซ๐จ๐ฉ๐
Europe holds the second-largest position in the global digital signage market. Increasing urbanization, rising government initiatives, and economic infrastructures support digital signage solutions. The regulatory environment in Europe encourages technological advancements, and European companies significantly contribute to the global signage market. Environmental sustainability and consciousness align with the eco-friendly aspects of digital signage. The region hosts various conferences, global events, and exhibitions where digital signage is extensively used, driving the market.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
The global Digital Signage Market is fueled by a dynamic landscape of diverse players, including Samsung Electronics, LG Display Co Ltd, Microsoft Corp., Scala Digital Signage, and Intel Corp. These companies introduce advanced technologies like interactive displays, data-driven content, personalization, and integration with AI and IoT, propelling market growth.
In 2024, Samsung Electronics launched NEO QLED, Micro LED, OLED, and lifestyle displays, introducing a next-generation AI processor to redefine smart display capabilities. Microsoft unveiled new generative AI and data solutions for the retail sector, enhancing personalization and creativity in marketing and advertising campaigns. Scala expanded its EMEA-Region footprint into the Middle East in 2023, and Navori Labs extended its presence in the Middle East and Asia, further contributing to the market's growth.
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
North America
1. Microsoft Corp
2. Tridelity Display Solutions
3. Chrisitie Digital Systems USA, Inc.
4. Daktronics
5. Stratacache
6. Poppulo
7. BrightSign
8. Cisco Systems, Inc.
9. Intel Corp.
10. KeyWest Technology, Inc
Europe
11. Omnivex Corporation
12. Exceptional 3d
13. Intuiface
14. Navori Labs
15. Triboo
Asia-pacific
16. Samsung Electronics Co. Ltd.
17. LG Display Co. Ltd
18. Panasonic Corporation
19. Sony Corporation
20. NEC Display Solutions Ltd
21. Au Optronics Corporation, Inc
22. Winmate Inc
Middle East and Africa
23. OMMA
24. Yazle
South America
25. Digital House Brasil
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The Digital Signage Market is set to experience substantial growth, driven by technological advancements, innovative products, and increasing adoption across various industries. As businesses recognize the benefits of digital signage in enhancing customer engagement, brand awareness, and efficient communication, the market is poised for continued expansion.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ญ๐จ ๐๐๐ข๐ง ๐๐๐๐ฉ๐๐ซ ๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/market-report/global-digital-signage-market/11883/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ:
๐๐ก๐ ๐๐ข๐ ๐๐ข๐๐ญ๐ฎ๐ซ๐: Market size, overview, and key points.
โข ๐๐ฎ๐ซ ๐ ๐จ๐๐ฎ๐ฌ: Specific areas, timeframe, and scope we'll explore.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ: Who are the big businesses and up-and-comers?
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐: How much money is flowing in this market?
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง: Different types of products/services and their segments.
โข ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ก๐๐๐ค: How easy (or tough) is it to compete in this market?
โข ๐๐ก๐จ'๐ฌ ๐๐ฎ๐ฒ๐ข๐ง๐ ?: Understanding the customer base and their needs.
โข ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฆ๐: Making informed choices in this market.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐ข๐๐ญ๐ฌ: What's driving changes in the market?
โข ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐จ๐จ๐ค: Emerging trends that will shape the market.
โข ๐๐ก๐ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ: Who are the major companies selling in this market?
โข ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Strengths and weaknesses of the key players.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ข๐ ๐ง๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Digital Signage?
What is the growth rate of the Digital Signage Market?
Who are the key players in the Digital Signage market?
Who are the leading companies and what are their portfolios in Digital Signage Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Digital Signage Market?
Which are the factors expected to drive the Digital Signage market growth?
What are the different segments of the Digital Signage Market?
What growth strategies are the players considering to increase their presence in Digital Signage?
What are the upcoming industry applications and trends for the Digital Signage Market?
What segments are covered in the Digital Signage Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by Different Segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ซ ๐๐จ๐ฌ๐ญ ๐๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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โฃ Hand Tools Market https://www.prnewswire.com/news-releases/global-hand-tools-market-grows-with-rising-industrial-demand-finds-maximize-market-research-302197789.html
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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