Global digital signage market, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), By Product (Kiosks, Menu Boards, Billboards, Sign Boards), Offering (Hardware (Displays, Media Players, Projectors, Mounts & Other Accessories), Software, and Services), End-User (Commercial (Retail, Corporate, Healthcare, Hospitality, Government), Infrastructural (Transportation, Entertainment), Institutional (Banking, Education), Industrial) – Industry Trends and Forecast to 2024
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Global Digital Signage Market accounted for USD 18.5 billion in 2016 growing at a CAGR of 7.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major market drivers:
- High adoption of digital signage in the commercial sector
- High cost-effectiveness of digital signage
- Technological advancements in display technologies
- Rising infrastructure demand
The Global Digital Signage Market is segmented on the basis of technology, defense type, end-user and geography.
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On the basis of product type the market is segmented into kiosks, menu boards, billboards, and sign boards.
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The global digital signage market is also segmented on the basis of offering into hardware, software, and services. The hardware segment is further sub-segmented into displays, media players, projectors, mounts & other accessories.
On the basis of end-user the global digital signage market is further segmented into commercial, infrastructural, institutional, and industrial. The commercial segment is further sub-segmented into retail, corporate, healthcare, hospitality, and government.
The infrastructural segment is further sub-segmented into transportation, and entertainment. The institutional segment is further sub-segmented into banking, and education.
On the basis of geography, global digital signage market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
The Global Digital Signage Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are
- Cisco Systems Inc.
- Adflow Networks
- Hewlett-Packard Company
- Keywest Technology
- NEC Display Solutions Ltd.
- Brightsign Llc.
- Omnivex Corporation
- Broadsign International Inc.
- 3M Co.
- LG Display Co. Ltd.
- Panasonic Corporation
- AU Optronics
- Samsung Electronics Co. Ltd.
- Ucview Media Inc.
- Winmate Communication Inc.
- Onelan Ltd.
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