According to a new research report by Precedence Research, The Digital Signage Market size is forecast to exceed US$ 38.63 billion by 2030 from USD 21.9 billion in 2020 and is expected to grow at the highest CAGR of 7.7% from 2021-2030. The report offers an up-to-date analysis regarding the current market scenario, latest trends, key drivers, potential challenges, profitability graph and the overall market environment.
Crucial factors accountable for market growth are:
- The increased demand for the digitized promotion of products and services.
- Rapid innovation in the field of digital signage in order to produce high quality viewing experience.
- The surge in demand for the development of holographic films will boost the market growth.
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Report Highlights
- The retail application segment is expected to lead the market contributing more than 21% of the revenue share in the upcoming years.
- The hardware segment of the digital signage market is estimated to lead the market with a market share of more than 56.6% in 2021.
- By Geography, North America holds a significant share accounting for more than 35% in 2021 in the Digital Signage Market in terms of revenue share because of the presence of major market players in the region.
Regional Snapshots
Asia Pacific is anticipated to grow significantly during the forecast period and is expected to contribute more than 20% of the market share due to the presence of developing economies such as India, China, Taiwan, South Korea in this region. Also, the rapid innovation of the major market players in this region will boost the market growth. For instance, in 22nd April 2021, Samsung Electronics Spotlights the Digital Signage Innovations that is built for Control Room at 2021 Virtual Experience Showcase.
Recent Developments
- In May 2021, BrightSign, LLC the global market leader in digital signage media player announced their integration with Nexmosphere technology to help tempt customers back into bricks and mortar retail stores as they reopen. The solution they proide will enable customer interactivity with touchless technology using sensors to deliver engaging, memorable and hygienic shopping experiences.
- On 2nd February 2021 Panasonic AcroSign a leader in Japan’s content management system market has integrated the latest version of their AcroSign CMS with BrightSign. This partnership will enable the amazing visual quality for multi display installation.
- On 4th October 2021, Sharp NEC Display Solutions announces that its RB laser technology projectors have been chosen by the UGC Group in France to be used across its 4 new cinemas theatres. The cinemas will benefit from the unsurpassed brightness and rich color spectrum delivered by Sharp/NEC’s cinema solutions.
Key Companies Profiled
The global digital signage market is characterized by the presence of various small and big players. The major market players are ADFLOW Networks, BrightSign LLC, Cisco Systems Inc., Intel Corp., KeyWest Technology Inc., LG Electronics, Microsoft Corp., NEC Display Solutions, Omnivex Corp., Panasonic Corp., SAMSUNG and Winmate Inc. As the market is competitive in nature, the players are indulged in rapid adoption of advanced technologies to improve the viewing experience of the customersand in raising their competitive share by means of strategic initiatives like mergers, new product and acquisitions.
Segments Covered in the Report
By Screen Type
- Video Walls
- Video Screens
- Transparent LED Screens
- Digital Posters
- Kiosks
- Others
By Component
- Hardware
- Software
- Services
By Technology
- LCD
- LED
- Projection
By Location
- In-store
- Out-store
By Content Category
- Broadcast
- News
- Weather
- Sports
- Others
- Non-Broadcast
By Screen Size
- Below 32 Inches
- 32 to 52 Inches
- More than 52 Inches
By Application
- Retail
- Hospitality
- Entertainment
- Stadiums & Playgrounds
- Corporate
- Banking
- Healthcare
- Education
- Transportation
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Digital Signage Market, By Screen
7.1. Digital Signage Market, by Screen, 2021-2030
7.1.1. Video Walls
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Video Screens
7.1.2.1. Market Revenue and Forecast (2019-2030)
7.1.3. Transparent LED Screens
7.1.3.1. Market Revenue and Forecast (2019-2030)
7.1.4. Digital Posters
7.1.4.1. Market Revenue and Forecast (2019-2030)
7.1.5. Kiosks
7.1.5.1. Market Revenue and Forecast (2019-2030)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Digital Signage Market, By Component
8.1. Digital Signage Market, by Component, 2021-2030
8.1.1. Hardware
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Software
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Services
8.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Digital Signage Market, By Technology
9.1. Digital Signage Market, by Technology, 2021-2030
9.1.1. LCD
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. LED
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Projection
9.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Digital Signage Market, By Location
10.1. Digital Signage Market, by Location, 2021-2030
10.1.1. In-store
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Out-store
10.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Digital Signage Market, By Content Category
11.1. Digital Signage Market, by Content Category, 2021-2030
11.1.1. Broadcast (News, Weather, Sports, Others)
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Non-Broadcast
11.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Digital Signage Market, By Screen Size
12.1. Digital Signage Market, by Screen Size, 2021-2030
12.1.1. Below 32 Inches
12.1.1.1. Market Revenue and Forecast (2019-2030)
12.1.2. 32 to 52 Inches
12.1.2.1. Market Revenue and Forecast (2019-2030)
12.1.3. More than 52 Inches
12.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 13. Global Digital Signage Market, By Application
13.1. Digital Signage Market, by Application, 2021-2030
13.1.1. Retail
13.1.1.1. Market Revenue and Forecast (2019-2030)
13.1.2. Hospitality
13.1.2.1. Market Revenue and Forecast (2019-2030)
13.1.3. Entertainment
13.1.3.1. Market Revenue and Forecast (2019-2030)
13.1.4. Stadiums & Playgrounds
13.1.4.1. Market Revenue and Forecast (2019-2030)
13.1.5. Corporate
13.1.5.1. Market Revenue and Forecast (2019-2030)
13.1.6. Banking
13.1.6.1. Market Revenue and Forecast (2019-2030)
13.1.7. Healthcare
13.1.7.1. Market Revenue and Forecast (2019-2030)
13.1.8. Education
13.1.8.1. Market Revenue and Forecast (2019-2030)
13.1.9. Transportation
13.1.9.1. Market Revenue and Forecast (2019-2030)
Chapter 14. Global Digital Signage Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Screen (2019-2030)
14.1.2. Market Revenue and Forecast, by Component (2019-2030)
14.1.3. Market Revenue and Forecast, by Technology (2019-2030)
14.1.4. Market Revenue and Forecast, by Location (2019-2030)
14.1.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.1.6. Market Revenue and Forecast, by Application (2019-2030)
14.1.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.1.8. U.S.
14.1.8.1. Market Revenue and Forecast, by Screen (2019-2030)
14.1.8.2. Market Revenue and Forecast, by Component (2019-2030)
14.1.8.3. Market Revenue and Forecast, by Technology (2019-2030)
14.1.8.4. Market Revenue and Forecast, by Location (2019-2030)
14.1.8.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.1.8.6. Market Revenue and Forecast, by Application (2019-2030)
14.1.8.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Screen (2019-2030)
14.1.9.2. Market Revenue and Forecast, by Component (2019-2030)
14.1.9.3. Market Revenue and Forecast, by Technology (2019-2030)
14.1.9.4. Market Revenue and Forecast, by Location (2019-2030)
14.1.9.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.1.9.6. Market Revenue and Forecast, by Application (2019-2030)
14.1.9.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.2. Europe
14.2.1. Market Revenue and Forecast, by Screen (2019-2030)
14.2.2. Market Revenue and Forecast, by Component (2019-2030)
14.2.3. Market Revenue and Forecast, by Technology (2019-2030)
14.2.4. Market Revenue and Forecast, by Location (2019-2030)
14.2.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.2.6. Market Revenue and Forecast, by Application (2019-2030)
14.2.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Screen (2019-2030)
14.2.8.2. Market Revenue and Forecast, by Component (2019-2030)
14.2.8.3. Market Revenue and Forecast, by Technology (2019-2030)
14.2.8.4. Market Revenue and Forecast, by Location (2019-2030)
14.2.8.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.2.8.6. Market Revenue and Forecast, by Application (2019-2030)
14.2.8.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.2.9. Germany
14.2.9.1. Market Revenue and Forecast, by Screen (2019-2030)
14.2.9.2. Market Revenue and Forecast, by Component (2019-2030)
14.2.9.3. Market Revenue and Forecast, by Technology (2019-2030)
14.2.9.4. Market Revenue and Forecast, by Location (2019-2030)
14.2.9.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.2.9.6. Market Revenue and Forecast, by Application (2019-2030)
14.2.9.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.2.10. France
14.2.10.1. Market Revenue and Forecast, by Screen (2019-2030)
14.2.10.2. Market Revenue and Forecast, by Component (2019-2030)
14.2.10.3. Market Revenue and Forecast, by Technology (2019-2030)
14.2.10.4. Market Revenue and Forecast, by Location (2019-2030)
14.2.10.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.2.10.6. Market Revenue and Forecast, by Application (2019-2030)
14.2.10.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.2.11. Rest of Europe
14.2.11.1. Market Revenue and Forecast, by Screen (2019-2030)
14.2.11.2. Market Revenue and Forecast, by Component (2019-2030)
14.2.11.3. Market Revenue and Forecast, by Technology (2019-2030)
14.2.11.4. Market Revenue and Forecast, by Location (2019-2030)
14.2.11.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.2.11.6. Market Revenue and Forecast, by Application (2019-2030)
14.2.11.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Screen (2019-2030)
14.3.2. Market Revenue and Forecast, by Component (2019-2030)
14.3.3. Market Revenue and Forecast, by Technology (2019-2030)
14.3.4. Market Revenue and Forecast, by Location (2019-2030)
14.3.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.3.6. Market Revenue and Forecast, by Application (2019-2030)
14.3.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.3.8. India
14.3.8.1. Market Revenue and Forecast, by Screen (2019-2030)
14.3.8.2. Market Revenue and Forecast, by Component (2019-2030)
14.3.8.3. Market Revenue and Forecast, by Technology (2019-2030)
14.3.8.4. Market Revenue and Forecast, by Location (2019-2030)
14.3.8.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.3.8.6. Market Revenue and Forecast, by Application (2019-2030)
14.3.8.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.3.9. China
14.3.9.1. Market Revenue and Forecast, by Screen (2019-2030)
14.3.9.2. Market Revenue and Forecast, by Component (2019-2030)
14.3.9.3. Market Revenue and Forecast, by Technology (2019-2030)
14.3.9.4. Market Revenue and Forecast, by Location (2019-2030)
14.3.9.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.3.9.6. Market Revenue and Forecast, by Application (2019-2030)
14.3.9.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.3.10. Japan
14.3.10.1. Market Revenue and Forecast, by Screen (2019-2030)
14.3.10.2. Market Revenue and Forecast, by Component (2019-2030)
14.3.10.3. Market Revenue and Forecast, by Technology (2019-2030)
14.3.10.4. Market Revenue and Forecast, by Location (2019-2030)
14.3.10.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.3.10.6. Market Revenue and Forecast, by Application (2019-2030)
14.3.10.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.3.11. Rest of APAC
14.3.11.1. Market Revenue and Forecast, by Screen (2019-2030)
14.3.11.2. Market Revenue and Forecast, by Component (2019-2030)
14.3.11.3. Market Revenue and Forecast, by Technology (2019-2030)
14.3.11.4. Market Revenue and Forecast, by Location (2019-2030)
14.3.11.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.3.11.6. Market Revenue and Forecast, by Application (2019-2030)
14.3.11.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Screen (2019-2030)
14.4.2. Market Revenue and Forecast, by Component (2019-2030)
14.4.3. Market Revenue and Forecast, by Technology (2019-2030)
14.4.4. Market Revenue and Forecast, by Location (2019-2030)
14.4.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.4.6. Market Revenue and Forecast, by Application (2019-2030)
14.4.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.4.8. GCC
14.4.8.1. Market Revenue and Forecast, by Screen (2019-2030)
14.4.8.2. Market Revenue and Forecast, by Component (2019-2030)
14.4.8.3. Market Revenue and Forecast, by Technology (2019-2030)
14.4.8.4. Market Revenue and Forecast, by Location (2019-2030)
14.4.8.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.4.8.6. Market Revenue and Forecast, by Application (2019-2030)
14.4.8.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.4.9. North Africa
14.4.9.1. Market Revenue and Forecast, by Screen (2019-2030)
14.4.9.2. Market Revenue and Forecast, by Component (2019-2030)
14.4.9.3. Market Revenue and Forecast, by Technology (2019-2030)
14.4.9.4. Market Revenue and Forecast, by Location (2019-2030)
14.4.9.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.4.9.6. Market Revenue and Forecast, by Application (2019-2030)
14.4.9.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.4.10. South Africa
14.4.10.1. Market Revenue and Forecast, by Screen (2019-2030)
14.4.10.2. Market Revenue and Forecast, by Component (2019-2030)
14.4.10.3. Market Revenue and Forecast, by Technology (2019-2030)
14.4.10.4. Market Revenue and Forecast, by Location (2019-2030)
14.4.10.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.4.10.6. Market Revenue and Forecast, by Application (2019-2030)
14.4.10.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.4.11. Rest of MEA
14.4.11.1. Market Revenue and Forecast, by Screen (2019-2030)
14.4.11.2. Market Revenue and Forecast, by Component (2019-2030)
14.4.11.3. Market Revenue and Forecast, by Technology (2019-2030)
14.4.11.4. Market Revenue and Forecast, by Location (2019-2030)
14.4.11.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.4.11.6. Market Revenue and Forecast, by Application (2019-2030)
14.4.11.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Screen (2019-2030)
14.5.2. Market Revenue and Forecast, by Component (2019-2030)
14.5.3. Market Revenue and Forecast, by Technology (2019-2030)
14.5.4. Market Revenue and Forecast, by Location (2019-2030)
14.5.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.5.6. Market Revenue and Forecast, by Application (2019-2030)
14.5.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.5.8. Brazil
14.5.8.1. Market Revenue and Forecast, by Screen (2019-2030)
14.5.8.2. Market Revenue and Forecast, by Component (2019-2030)
14.5.8.3. Market Revenue and Forecast, by Technology (2019-2030)
14.5.8.4. Market Revenue and Forecast, by Location (2019-2030)
14.5.8.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.5.8.6. Market Revenue and Forecast, by Application (2019-2030)
14.5.8.7. Market Revenue and Forecast, by Screen Size (2019-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Screen (2019-2030)
14.5.9.2. Market Revenue and Forecast, by Component (2019-2030)
14.5.9.3. Market Revenue and Forecast, by Technology (2019-2030)
14.5.9.4. Market Revenue and Forecast, by Location (2019-2030)
14.5.9.5. Market Revenue and Forecast, by Content Category (2019-2030)
14.5.9.6. Market Revenue and Forecast, by Application (2019-2030)
14.5.9.7. Market Revenue and Forecast, by Screen Size (2019-2030)
Chapter 15. Company Profiles
15.1. ADFLOW Networks
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. BrightSign LLC
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Cisco Systems Inc.
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Intel Corp.
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. KeyWest Technology Inc.
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. LG Electronics
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Microsoft Corp.
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. NEC Display Solutions
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Omnivex Corp.
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. Panasonic Corp.
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
15.11. SAMSUNG
15.11.1. Company Overview
15.11.2. Product Offerings
15.11.3. Financial Performance
15.11.4. Recent Initiatives
15.12. Winmate Inc
15.12.1. Company Overview
15.12.2. Product Offerings
15.12.3. Financial Performance
15.12.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
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