IMARC Group’s latest research report, titled “Digital Signage Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global digital signage market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global digital signage market reached a value of US$ 23.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 35.4 Billion by 2027, exhibiting at a CAGR of 6.69% during 2022-2027. Digital signage, also known as dynamic signage, represents an electronic display device that is designed to showcase information on multiple display screens. It displays a multitude of content, including advertisements and messages, to engage viewers via content management software (CMS). Furthermore, digital signage utilizes devices, such as projectors, LED, LCD, and plasma displays, to project the information, such as flight schedules, live weather forecasts, menus, news, television programs, etc. Consequently, it finds extensive applications across various sectors, including entertainment, retail, education, hospitality, corporate, transport, healthcare, etc.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, component, technology, application, location, and size
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Digital Signage Market
- Strategies of major players and product offerings
Global Digital Signage Market Trends:
The escalating demand for effective advertising tools is primarily driving the digital signage market. In line with this, the banking sector is increasingly utilizing this device in automated teller machines (ATMs) and e-banking centers for the display of motion messages, digitalized promotion of products, remote content updating and management, etc., which is further catalyzing the market growth. Moreover, the elevating integration of biometric technology with digital signage products is acting as another significant growth-inducing factor. Besides this, the rising investments in brand promotions and advertisements by numerous organizations for attracting new business opportunities and growing brand awareness among consumers are bolstering the global market. Additionally, the introduction of advanced product variants with embedded media players that ensure high-quality content delivery is anticipated to fuel the digital signage market over the forecasted period.
Key Players Included in Global Digital Signage Market Research Report:
- BARCO
- Leyard Optoelectronic (Planar)
- LG Electronics
- Panasonic
- Samsung Electronics
- Shanghai Goodview Electronics
- Sharp (Foxconn Group)
- Sony
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Technology:
- LCD/LED
- Projection
- Others
Breakup by Application:
- Retail
- Hospitality
- Entertainment
- Stadiums and Playgrounds
- Corporate
- Banking
- Healthcare
- Education
- Transport
- Others
Breakup by Location:
- Indoor
- Outdoor
Breakup by Size:
- Below 32 Inches
- 32 to 52 Inches
- More than 52 Inches
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Digital Signage Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Digital Signage Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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