Global digital signage market is projected to register a CAGR of 11.1% in the forecast period of 2020 to 2026. Digital signage is an electronic signage which uses the combination of the hardware and software for displaying the visual information. It has been used in the retail, hospitality, banking and other related sectors for more customer engagement and interaction. Digital signage usually consists of LCD, LED or a similar display system which is connected to the content management system or software that sends the display system the data to be displayed.
Major Market Competitors/Players: Global digital signage market
Some of the major players operating in this market are Koninklijke Philips N.V., LG Display Co., Ltd., Microsoft, SAMSUNG, Sony Corporation, Panasonic Corporation, Planar Systems, Omnivex Corporation, SHARP CORPORATION, NEC Corporation, AU Optronics Corp., Goodview, Scala Digital Signage, Winmate Inc., Keywest Technology, Inc., Cisco, BrightSign, LLC, Barco, ViewSonic Corporation, STRATACACHE, ADFLOW Networks and others.
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Digital Signage is most commonly used for the outdoor marketing and for the real time information to the customers and employees. The information shared on the screen can be static data, charts, graphs, images, videos and/or streaming content. The digital signage is also used for providing the emergency messages, weather reports and detailed information related to the environment.
Segmentation: Global digital signage market
- By Offering (Hardware, Software, Services)
- By Product Type (Standalone, Video walls)
- By Size (Below 32 Inches, 32 Inches to 52 Inches, Above 52 Inches)
- By Application (Indoor, Outdoor)
- By Vertical (Institutional, Commercial, Industrial, Infrastructural, Others)
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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