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Top Trends Transforming the Digital Signage Market Landscape in 2025: Advanced Technological Solutions In The Digital Signage Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Digital Signage Industry Market Size Be by 2025?
In recent times, the digital signage market has seen considerable growth in size. The market, which was valued at $21.65 billion in 2024, is projected to increase to $23.05 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. The substantial growth during the historic period is as a result of factors such as the increase in expenditure on retail and advertising, improved user experience, and the move from traditional to digital displays, alongside cost-effective communication.
What's the Long-Term Growth Forecast for the Digital Signage Market Size Through 2029?
The size of the digital signage market is predicted to witness significant expansion in the upcoming years, swelling to $34 billion in 2029, growing at a compound annual growth rate (CAGR) of 10.2%. The accelerated growth projected within the forecasting period is primarily due to the advent of smart cities, the necessity for immediate information, an emphasis on internal employee communication, and broadening of the transportation and hospitality industry. Some of the major anticipated trends during the forecast period comprise the amalgamation with mobile technology, the incorporation of augmented reality (AR) and virtual reality (VR), contactless and gesture-controlled interfaces, personalized content via data amalgamation and multi-channel integration.
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What Are the Key Growth Drivers Fueling the Digital Signage Market Expansion?
The escalating need for cloud-based solutions is substantially propelling the expansion of the digital signage market. These solutions are services or applications located on remote servers and retrieved through the internet, enabling users to save, handle, and process information without depending on local infrastructure. The need for cloud-based solutions is growing because of their scalability, cost-effectiveness, and accessibility from anywhere with Internet connectivity. These solutions in the realm of digital signage enhance flexibility and control by enabling remote management, real-time content updates, and scalability across multiple screens. For instance, in December 2023, as per Eurostat, a governmental agency based in Luxembourg, 45.2% of businesses in the EU incorporated cloud computing services in 2023, services that encompass internet-based access to software, computing power, and storage capacity. Thus, the escalating need for cloud-based solutions is anticipated to boost the expansion of the digital signage market in the future.
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What Are the Key Trends Driving Digital Signage Market Growth?
Firms functioning within the digital signage market are placing emphasis on creating technologically superior solutions to solidify their market standing. Advances in technology help make digital signage more flexible, interactive, efficient, and suitable for a range of uses, thus widening its market scope and aiding its sustained expansion. For example, fugo.ai, a UK company providing cloud-based digital signage software, launched the Fugo Digital Signage Player in June 2023. This Windows-based solution is aimed at addressing the difficulties faced when deploying digital signage on a large scale. The player, equipped with a formidable Intel processor, ample storage and RAM, guarantees uninterrupted playback of high-demand content. It gives precedence to connectivity and durability in varied environments, as well as bolstering security features, therefore solving problems often encountered when using consumer devices for digital signage. The Fugo Player is marketed as a dependable high-end hardware choice for organizations seeking to enhance their digital signage deployments.
How Is the Digital Signage Market Segmented?
The digital signage market covered in this report is segmented -
1) By Product: Standalone Display, Video Wall
2) By Offering: Hardware, Software, Services
3) By Location: Indoor, Outdoor
4) By End User: Retail, Education, Healthcare, Corporate, Stadium, Government, Other End Users
Subsegments:
1) By Standalone Display: LCD Displays, LED Displays, Projection Displays, Touchscreen Displays
2) By Video Wall: LCD Video Walls, LED Video Walls, Projection Mapping Video Walls, Interactive Video Walls
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Which Companies Are Leading the Charge in Digital Signage Market Innovation?
Major companies operating in the digital signage market include Samsung Electronics Co. Ltd., Sony Corporation, LG Electronics Inc., Panasonic Corporation, NEC Corporation, Toshiba Corporation, Sharp Corporation, Koninklijke Philips N.V., Delta Electronics Inc., Navori Labs SA, Scala Inc., Crestron Electronics Inc., E Ink Holdings Inc., Barco NV, Daktronics Inc., ViewSonic Corporation, Christie Digital Systems USA Inc., BenQ Corporation, Absen, AU Optronics Corp., Elo Touch Solutions Inc., Planar Systems Inc., Peerless Industries Inc., BrightSign LLC, Milestone AV Technologies LLC, STRATACACHE Inc., NanoLumens Corporation, Omnivex Corporation, Keywest Technology Inc., Leyard Optoelectronic Co. Ltd., Onelan Limited, Mitsubishi Electric Corporation, SpinetiX SA, YCD Multimedia, Matrox Graphics Inc., Enplug Inc., NoviSign Ltd.
Which Regions Are Leading the Global Digital Signage Market in Revenue?
North America was the largest region in the digital signage market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital signage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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