Digital Signage Market is expected to grow at high CAGR during the forecast period 2016-2025 |The Insight Partners

Digital signage also referred as dynamic signage is a form of slivercasting in which multimedia content is displayed at public places for advertising or informational purposes. It consists of a computer or playback devices which are connected to electronic display devices (LCD, LED, etc.) to display content such as digital images, videos and information. Various hardware components are used in the installation of a digital signage, such as media players, content management server and one or more display screens.
The increasing worldwide acceptance of digital signage due to its dynamic nature which allows the content to be updated at real time is one of the major factors driving the market globally. Furthermore, with betterment in quality and decreasing prices of displays, the use electronic displays has risen significantly, thereby propelling the global digital signage market. In addition

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The high initial investment for displays and high maintenance costs are factors that hinder the global digital signage market. Additionally, power (electricity) issues, especially at remote locations, hinders the global digital signage market. Moreover, lack of awareness about digital signage and its associated benefits in developing and under-developing nations is another factor restricting the global digital signage market.

The growing demand for high brightness displays in various industries, especially retail, hospitality, and government to attract the targeted audience has opened a wealth of opportunities for digital signage vendors across the globe. Furthermore, emerging communication technology, and touch screen technology among others are expected to significantly boost the global digital signage market during the forecast period.

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The digital signage market is segmented on the basis of components as hardware (such as display, media players, projectors, etc.), software and services. The market is further classified based on display types such as LED, LCD, and OLED among others. In addition, the global digital signage market is classified based on display size into 52 inches. Moreover, the digital signage market is segmented basis of applications into retail, healthcare, corporate, hospitality, government, transportation, entertainment, BFSI, and education among other industries.

Geographically, the global digital signage market is segmented into five regions as North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). The increasing adoption rate of interactive displays which uses various technological capabilities such as embedded location-based maps, gesture recognition, and interactive dashboards has propelled the mature digital signage market in the U.S. and the U.K. Simultaneously, it has opened opportunities in emerging regions such as APAC & MEA.

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Some of the key players operating within the global digital signage market include Adflow Networks, Cisco Systems Inc., Hewlett-Packard Development Company L.P., Broadsign International, Inc., Brightsign LLC, Nec Display Solutions Ltd., Panasonic Corporation, Omnivex Corporation, Samsung Electronics Co. Ltd, LG Display Co. Ltd, Planar Systems, Inc., Sharp Corporation, and Sony Corporation among others.

Few Key Points from Table of Content

Global Digital Signage Market Revenue and Forecasts to 2025 – Components 

  • Hardware
  • Software
  • Service

Global Digital Signage Market Revenue and Forecasts to 2025 – Display Type 

  • LED
  • LCD
  • OLED
  • Others

Global Digital Signage Market Revenue and Forecasts to 2025 – Display Size 

  • 52 inches

Global Digital Signage Market Revenue and Forecasts to 2025 – Applications 

  • Retail
  • Healthcare
  • Corporate
  • Hospitality
  • Government
  • Transportation
  • Entertainment
  • BFSI
  • Others (Education, etc.)

Global Digital Signage Market Revenue and Forecasts to 2025 – Geographical Analysis

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • South America (SAM)

Global Digital Signage Market, Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments 

  • Westomatic
  • Adflow Networks
  • Cisco Systems Inc.
  • Hewlett-Packard Development Company L.P.
  • Brightsign LLC
  • Nec Display Solutions Ltd.
  • Panasonic Corporation
  • Omnivex Corporation
  • Samsung Electronics Co. Ltd
  • LG Display Co. Ltd
  • Planar Systems, Inc.
  • Sharp Corporation
  • Sony Corporation

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