The global digital signage market is expected to grow at a CAGR of 7.1% from 2017 to 2025. Digital signage is a term given to any number of devices used to display multimedia content in public sites. Digital signage is changing the way businesses and organizations communicate in public places. It satisfies the demand for immediacy & relevance. Also, it offers significant advantages over conventional signage & posters, which have to be designed and printed well in advance.
Portland, OR -- (SBWIRE) -- 12/15/2017 -- The global digital signage market is expected to grow at a CAGR of 7.1% from 2017 to 2025. Digital signage is a term given to any number of devices used to display multimedia content in public sites. Digital signage is changing the way businesses and organizations communicate in public places. It satisfies the demand for immediacy & relevance. Also, it offers significant advantages over conventional signage & posters, which have to be designed and printed well in advance.
Based on technology, the market is segmented into LCD, LED, front projection, and others. Based on applications, the market is divided into retail, corporate, banking, healthcare, education, transportation, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
Increase in benefits of digital signage as compared to other display methods.
Offers more than one way flow of communication.
Higher resolution.
Restraints:
Initial huge costs.
Market Players:
The top players in the global digital signage market include Omnivex Corporation, Microsoft Corporation, ADFLOW Networks, Polk Audio, BrightSign LLC, Scala Inc., Winmate Communication Inc., Samsung Electronics, Panasonic Corporation, and LG Electronics.
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MARKET LANDSCAPE
By Technology
LCD
LED
Front Projection
Others
By Application
Retail
Corporate
Banking
Healthcare
Education
Transportation
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA