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Digital Signage Market Research Analysis, Product, Display Size, Installation Location, Application and Top Vendors Analysis Over The Next Five Years worth $27.8 Billion

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Digital Signage Market Research Analysis, Product, Display Size, Installation Location, Application and Top Vendors Analysis Over The Next Five Years worth $27.8 Billion

December 21
18:52 2022
Digital Signage Market Research Analysis, Product, Display Size, Installation Location, Application and Top Vendors Analysis Over The Next Five Years worth $27.8 Billion
Digital signage market
Digital signage market size, analysis, trends, & forecasts. The global market for digital signage categorized by Offering, Product, Display Size and Geography.

The report Digital Signage Market with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), Product, Display Size, Installation Location, Application (Retail, Healthcare, Hospitality, BFSI, Education), and Geography – Global Forecast to 2026″ The global digital signage market will grow to USD 27.8 billion by 2026 (forecast year) from USD 16.3 billion in 2021 (estimated year), at a CAGR of 11.2% between 2021 to 2026. The key drivers fueling the growth of this market include the growing adoption of digital signage in commercial applications, increasing infrastructure developments in emerging countries, surging demand for 4K & 8K resolution displays, and ongoing technological advancements in displays.

• Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=513

Browse 154 market data Tables and 62 Figures spread through 265 Pages and in-depth TOC on “Digital Signage Market with COVID-19 Impact Analysis and Geography – Global Forecast to 2026”

View detailed Table of Content herehttps://www.marketsandmarkets.com/Market-Reports/digital-signage-market-513.html

Digital Signage Market

Driver: Ongoing technological advancements in displays

With the advent of new display technologies, such as OLED displays, microLED displays, and electronic paper displays (EPD), the global display industry is expected to grow at a rapid pace across the world of digital signage market revenue impact report. Along with the increased adoption of LED displays and LCD in digital signage, OLED displays, microLED displays, and electronic paper displays (EPD) are also expected to witness significant demand in coming years owing to the rising use of advanced displays for presenting the information.

Opportunity: Increasing adoption of cloud-based digital signage solutions by businesses during COVID-19

The spread of the COVID-19 affected companies worldwide by impacting their operations and making it difficult for them and their employees to maintain business continuity in digital signage market revenue impact report. In such challenging times, cloud computing has emerged as a savior for ensuring business connectivity. A number of providers of digital signage solutions are offering cloud-based digital signage platforms and solutions, which rely on web-based digital signage software for displaying messages and information on screens. These cloud solutions are highly flexible and reliable.

APAC to register higher CAGR during the forecast period

APAC is projected to lead the digital signage market from 2021 to 2026. Increasing adoption of the Internet of Things (IoT) and technologies that enable digital transformation across various sectors such as commercial, institutional, infrastructure, and industrial has fueled the demand for digital signage in APAC. In addition, strong economic growth, rise in consumerism, growth in the standards of living, increase in disposable income, high technological advancements, growth of retail space, and changes in lifestyles have accelerated the adoption of strong and reliable advertising media in the countries of the region. However, the rise of online advertising and issues related to the adoption of digital signage in various applications are expected to restrict the growth of the digital signage market in APAC.

Major players in the digital signage market are Samsung Electronics (South Korea), LG Electronics (South Korea), Sharp Corporation (Japan), Leyard Optoelectronic (US), Sony Corporation (Japan), Barco (Belgium), Panasonic Corporation (Japan), Shanghai Goodview Electronics (China), AU Optronics (Taiwan), and BrightSign (US). The top players have adopted merger & acquisition, partnership, collaboration, and product launch strategies to grow in the global precision farming market.

Don’t miss out on business opportunities in Digital Signage Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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