As per the study initiated by Evolve Business Intelligence, Digital Signage market size accounted for USD 24.5 Billion in 2022, growing at a CAGR of 11.2% from 2023 to 2033. The digital signage market refers to the industry involved in the creation, deployment, and management of digital displays used for advertising, information dissemination, and entertainment purposes. Digital signage displays include LCD, LED, OLED, and other types of screens, which are connected to a network and can be remotely controlled and updated with content.
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- Digital Signage Market size was valued at USD 24.5 billion in 2022 growing at a CAGR of 11.2% from 2023 to 2033.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on Digital Signage Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors’ market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, Digital Signage market report also includes the following data points:
- COVID19 Impact on Digital Signage market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Digital Signage market
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Some of the major Digital Signage players holding high market share include BrightSign, LLC., Cisco Systems, Inc.., Intel Corp., and KeyWest Technology, Inc . These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- ADFLOW Networks
- BrightSign, LLC
- Cisco Systems, Inc.
- Intel Corp.
- KeyWest Technology, Inc.
- LG Electronics (LG Corp.)
- Microsoft Corp.
- NEC Display Solutions
- Omnivex Corp.
- Panasonic Corp.
Market Segment By Type with focus on market share, consumption trend, and growth rate of Digital Signage Market:
- Video Walls
- Video Screen
- Transparent LED Screen
Market Segment By Component with focus on market share, consumption trend, and growth rate of Digital Signage Market:
Market Segment By Location with focus on market share, consumption trend, and growth rate of Digital Signage Market:
|Market Size (2022)||$ 24.5 Billion|
|CAGR (2023 to 2033)||11.2%|
|Market Segmentation||Type, Component , Location|
|Country Covered||US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America|
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Digital Signage Geographic Coverage:
- North America
- Nordic Countries
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence provides an understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
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