Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0779
    -0.0014 (-0.13%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2621
    -0.0001 (-0.01%)
     
  • USD/JPY

    151.3470
    -0.0250 (-0.02%)
     
  • Bitcoin USD

    69,697.05
    -917.83 (-1.30%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,369.44
    +201.37 (+0.50%)
     

Digital Signage Market Worth $35.94 Billion at 7.8% CAGR; Rising Need for Greater Customer Engagement to Boost the Uptake of Digital Signage in BFSI Sector: Fortune Business Insights™

List of the Companies Profiled in the Market: Omnivex Corporation, E Ink Holdings Inc., Leyard Optoelectronic Co., Ltd., Panasonic Corporation, Exceptional 3D, Samsung Electronics, Deepsky Corporation Ltd., Scala, Sony Corporation, LG Electronics.

Pune, India, Sept. 16, 2021 (GLOBE NEWSWIRE) -- The global digital signage market size is expected to reach USD 35.94 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Rising efforts to make cities smarter through advanced technology will pave the way for the growth of this market in the given time period. Urbanization around the globe is speeding ahead at an exponential rate owing to the movement of people from rural to urban areas. According to UN estimates, by 2050, around 68% of the world’s population will be living in urban areas. This has prompted governments in many countries to transform cities into smart cities to make governance more efficient and effective. For instance, in March 2018, the Independent reported that police authorities in Shenzhen, China have deployed facial recognition technology, using AI-based CCTV cameras to catch jaywalkers and implement traffic rules stringently. As countries develop, the demand for digital signage solutions is likely to spike and this will be one of the leading digital signage market trends during the forecast period.

The digital signage market value was at USD 19.78 billion in 2018, according to the new Fortune Business Insights™ report, titled “Digital Signage Market Size, Share & Industry Analysis, By Component (Hardware, Software, Content, and Services), By Deployment (On-Premise, Cloud), By Location (Indoor, Outdoor), By Product Type (Video Walls, Digital Posters, Kiosks, Billboards, and Others), By Industry Vertical (Retail, Corporate, Hospitality, Transportation, Education, Healthcare, Sports and Entertainment, and Others) and Regional Forecast, 2019-2026”.Besides this, the report shares the following information:

  • A meticulous segmentation of the market and a microscopic study of these segments;

  • A broad overview of the industry outlook and its role in shaping the future of the market;

  • A comprehensive evaluation of the market drivers, factors, and trends; and

  • An exhaustive research into the recent and upcoming competitive and regional developments within the

market.

Request to Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/digital-signage-market-101898

Top Players Covered by Fortune Business Insights:

• Omnivex Corporation

• E Ink Holdings Inc.

• Leyard Optoelectronic Co., Ltd.

• Panasonic Corporation

• Exceptional 3D

• Samsung Electronics

• Deepsky Corporation Ltd.

• Scala

• Sony Corporation

• LG Electronics

To get to know more about the short-term and long-term impacts of COVID-19 on this market, please visit:

https://www.fortunebusinessinsights.com/industry-reports/digital-signage-market-101898

Report Scope and Segmentation:

Report Coverage

Details

Forecast Period

2019 to 2026

Forecast Period 2019 to 2026 CAGR

7.8 %

2026 Value Projection

USD 35.94 Billion

Base Year

2018

Market Size in 2018

USD 19.78 Billion

Historical Data for

2015 to 2017

No. of Pages

160

Segments covered

By Component, By Deployment, By Location, By Product Type, By Industry Vertical, By Region

Growth Drivers

Increasing Demand for Enhanced Connectivity, Flexibility, and Affordability to Drive the Market

Growing Infrastructure Development across Industries to Expand the Market Size

Key Industry Players to Focus on Advancements in Digital Signage Hardware

Increasing Popularity of Digital Signage among Retailers to Feed Market Growth

Retail giants are increasingly focusing on upgrading their infrastructure to integrate digital signage solutions to their existing structures. For example, Nordstrom is employing digital signage tools through 360-degree imagery and intelligent programing to make shopping easier and comfortable. Thus, digitization measures taken by retailers in significantly enhancing the digital signage market potential. Furthermore, digital displays have made accessing critical banking and financial information more convenient for customers and have also reduced waiting times. This technology has widened and deepened customer engagement, which has, in turn, aided the progress of the banking and finance sector.

Key Industry Developments:

  • June 2019: Sony Electronics collaborated with Kramer Electronics to integrate its BZ35F series of BRAVIA™ 4K HDR professional displays with Kramer Control BRAINware. Kramer’s software would enhance any Audio-Visual installation by adding advanced controls and analytics to Sony’s high-quality display.

  • June 2019: LG Electronics unveiled its digital signage products at the InfoComm 2019 in Florida. The product line includes Open Frame OLED displays, Transparent OLED signage, and Micro LED signage. This diverse offering of commercial display products boasts of state-of-the-art technologies and would enable LG to augment its footprint in the digital signage market.

Get your Customized Research Report:

https://www.fortunebusinessinsights.com/enquiry/customization/digital-signage-market-101898

North America to Lead the Pack; Asia-Pacific to Boast an Admirable CAGR

North America is poised to dictate the digital signage market share in the forecast period, as the region generated a revenue of USD 8.32 billion in 2018. The primary factor driving the market in this region is the rising demand for digital signage solutions for promotional activities, particularly in the US. Asia-Pacific will grow at an impressive CAGR on account of increasing uptake of digital signage technologies in the commercial, residential, and corporate sectors. The digital signage market research also finds that low cost in deploying electronic signage systems will fuel the market in Asia-Pacific. In Europe, growing investments in digitization will propel the market, while increasing digitization efforts will spur the market in the Middle East, Africa, and Latin America.

Intense Efforts to Develop Novel Digital Signage Hardware Solutions to Stimulate Competition

The digital signage market report predicts a period of cutthroat competition as companies strategize to solidify their position in the market. Majority of the digital signage market leaders, such as Samsung, are focusing on developing innovative hardware solutions so as to diversify their product portfolio.

Quick Buy - Digital Signage Market: https://www.fortunebusinessinsights.com/checkout-page/101898

Table of Content:

  • Introduction

    • Definition, By Segment

    • Research Approach

    • Sources

  • Executive Summary

  • Market Dynamics

    • Drivers, Restraints and Opportunities

    • Emerging Trends

  • Key Insights

    • Macro and Micro Economic Indicators

    • Consolidated SWOT Analysis of Key Players

  • Global Digital Signage Market Analysis, Insights and Forecast, 2015-2026

    • Key Findings / Summary

    • Market Size Estimates and Forecasts

      • By Component (Value)

        • Hardware

        • Content

        • Software

        • Services

      • By Deployment (Value)

        • Cloud

        • On-Premise

      • By Location (Value)

        • Indoor

        • Outdoor

      • By Product Type (Value)

        • Video Walls

        • Digital Posters

        • Kiosks

        • Billboards

        • Others

      • By Industry Vertical (Value)

        • Retail

        • Corporate

        • Hospitality

        • Transportation

        • Education

        • Healthcare

        • Sports and Entertainment

        • Others

      • By Geography (Value)

        • North America

        • Europe

        • Asia Pacific

        • Middle East and Africa

        • Latin America

  • North America Digital Signage Market Analysis, Insights and Forecast, 2015-2026

    • Key Findings / Summary

    • Market Size Estimates and Forecasts

      • By Component (Value)

        • Hardware

        • Content

        • Software

        • Services

      • By Deployment (Value)

        • Cloud

        • On-Premise

      • By Location (Value)

        • Indoor

        • Outdoor

      • By Product Type (Value)

        • Video Walls

        • Digital Posters

        • Kiosks

        • Billboards

        • Others

      • By Industry Vertical (Value)

        • Retail

        • Corporate

        • Hospitality

        • Transportation

        • Education

        • Healthcare

        • Sports and Entertainment

        • Others

      • By Country (Value)

        • United States

        • Canada

TOC Continued…

Speak to Analyst:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/digital-signage-market-101898

Have a Look at Related Research Insights:

Automatic Ticket Machine Market Size, Share & Industry Analysis, By Payment Type (Smart Card Payment, Cash Payment and Mobile Payment), By Application (Public Transport, Entertainment & Gaming and Others), and Regional Forecast, 2020-2027

Industrial Vending Machines Market Size, Share & Industry Analysis, By Type (Carousel Vending Machine, Coil Vending Machine, and Others), By Product (Maintenance, Repair and Operations (MRO), Personal Protective Equipment (PPE), and Others), By End-User (Manufacturing, Oil & Gas, and Others) and Regional Forecast, 2020-2027

Kiosk Market Size, Share & COVID-19 Impact Analysis, By Kiosk Type (Retail, Financial, QSR, Tickets & Billing, Information, Self Service & Others), By Industry (Retail, BFSI, Hospitality, Entertainment & Gaming, Airports & Hotels, IT/ Telecommunication, & Others), and Regional Forecast, 2020-2027

Internet of Things (IoT) in BFSI (Banking, Financial Services, and Insurance) Market Size, Share & Industry Analysis, By Component (Solutions and Services), By Application (Customer Experience Management, Security, Monitoring, Data Management and Others (Payment Management, etc.)), and Regional Forecast, 2019-2026

Smart Home Market Size, Share & Industry Analysis, By Product (Home Monitoring/Security, Smart Lighting, Entertainment, Smart Appliances, and Others (Thermostat, etc.)), and Regional Forecast, 2019-2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs

Read Press Release - https://www.fortunebusinessinsights.com/press-release/digital-signage-market-9474


Advertisement