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Digital signage market worth US$ 32.84 billion by 2023 according to new research report

IT Market Research

The digital signage market is expected to be worth USD 32.84 billion by 2023, growing at a CAGR of 7.4% between 2017 and 2023. The current marketplace is expected to be driven by LED and LCD displays that are highly used in the market; OLED displays are expected to exhibit high growth because of the growing demand for displays in the digital signage market worldwide.

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Digital Signage Market spread across 192 Pages, Profiling 12 Companies and Supported with 63 Tables and 62 Figures is now available at www.rnrmarketresearch.com/contacts…ample?rname=80122 .

Cloud-based digital signage software solution is preferred by companies having a large global network and the content can be created from a central location. Cloud-based software is very efficient as it can manage content on a single screen or on multiple screens.

It is considered as a cost-effective solution as it minimizes expenses required for purchasing, installing, and maintaining the server.

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Key Target Audience:

  • Raw material and manufacturing equipment suppliers
  • Electronic design automation (EDA) and design tool vendors
  • Software companies providing solutions in various industries that use digital signage
  • Manufacturers and suppliers of displays
  • Manufacturers and suppliers of media players, mounts, and other accessories
  • Asset management consultants who specialize in physical asset management
  • Research institutes and organizations
  • Government bodies, venture capitalists, and private equity firms

North America held the largest share of the digital signage market in 2016. Europe is also one of the potential markets for the global digital signage market.

Digital signage system is expected to have a high growth rate in APAC. The increasing development in commercial, infrastructural, and institutional applications in the region creates a demand for digital signage.

 More Information on Digital Signage Market with Forecast and Company Profiles at www.rnrmarketresearch.com/contacts80122 .

The report estimates the market size and future growth potential of the digital signage market across different segments such as product, offering, application, and geography. Furthermore, the report also includes the industry trends, market dynamics, and competitive analysis of the key players in the market, along with their company profiles, competitive leadership mapping, and recent developments.

Competitive Landscape

1 Introduction

2 Market Ranking Analysis of the Digital Signage Market

3 Strategic Benchmarking

4 Major Strategies Adopted By the Key Players

5 Digital Signage Market (Global):Competitive Leadership Mapping, 2017

6 Dynamic Differentiators

7 Emerging Companies

8 Strength of Product Portfolio

9 Business Strategy Excellence

10 Competitive Situation and Trends

The major players profiled in digital signage market report include Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd.

(South Korea), NEC Display Solutions (Japan), Sharp Corporation (Japan), Planar Systems, Inc. (US), AU Optronics Corporation (Taiwan), Sony Corporation (Japan), Panasonic Corporation (Japan), Adflow Networks (Canada), Omnivex Corporation (Canada), Christie Digital Systems USA, Inc.

(US), Exceptional 3D (US), Scala, Inc.(US), Intuilab SA (France), and E Ink Holdings Inc. (Taiwan).

Report at www.rnrmarketresearch.com/contacts/?rname=80122 .

Increasing deployment of digital signage solutions is likely to help the tourism and hospitality industries to grow further. Digital signage market is boosted as the adoption of these solutions is increased with the availability of high-resolution displays at a lower price, which is the key reason for the growth of this adoption.

The breakup of the profile of primary participants is given below:

  • By Company Type: Tier 1 = 25%, Tier 2 = 33%,and Tier 3 = 42%
  • By Designation: C-Level Executives = 36%, Directors = 30%, and Others = 34%
  • By Region: North America = 44%, Europe = 28%, APAC = 17%, and RoW = 11%

Digital signage market report would help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. This report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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