The Global Digital Signage Market size is expected to reach $29.8 billion by 2024, rising at a market growth of 8.6% CAGR during the forecast period.
The growing awareness among consumers considering the drawbacks and complexity of conventional advertising like short-lived print marketing is instigating the adoption of digitized advertisement. Furthermore, the innovative efforts initiated by the display designers, researchers, and advertisement companies are making more expenditures on the display technology of a product. Eventually, all these factors are expected to catalyze market growth.
Based on End User, the market is segmented into Retail & Corporate, Hospitality & Entertainment, Infrastructural, Institutional, and Others. Over the past few years, the commercial sector around the globe has experienced significant changes due to rapid technological advances and digitization. Therefore, well-established competitors as well as latest market participants are presently investing in product development, brand enhancing, and customer retention and leadership, leading to enhanced rivalry among them.
As a consequence, all these businesses are investing to improve the image of their products and services by advertising them through internet marketing, exhibitions and personalized display installations in their indoor and outdoor advertising campuses. Among all, the development of digital signage has been the most substantial. It has evolved from a simple marketing medium to an efficient strategy for retail engagement. Rapid technological advances and digitization in the business industry are thus pushing the digital signage market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co. Ltd., Omnivex Corporation, Panasonic Corporation, NEC Corporation, Sony Corporation, STRATACACHE Inc., Leyard Optoelectronic Co., Microsoft Corporation, Delta Electronics Inc., and LG Electronics Inc.
Key Topics Covered
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Market Analysis
Chapter 4. Global Digital Signage Market by Location
Chapter 5. Global Digital Signage Market by Technology
Chapter 6. Global Digital Signage Market by Type
Chapter 7. Global Digital Signage Market by Component
Chapter 8. Global Digital Signage Market by Size
Chapter 9. Global Digital Signage Market by End User
Chapter 10. Global Digital Signage Market by Region
Chapter 11. Company Profiles
- Samsung Electronics Co. Ltd.
- Omnivex Corporation
- Panasonic Corporation
- NEC Corporation
- Sony Corporation
- STRATACACHE Inc.
- Leyard Optoelectronic Co.
- Microsoft Corporation
- Delta Electronics Inc.
- LG Electronics Inc.
For more information about this report visit https://www.researchandmarkets.com/r/4yaeif