Global Digital Signage Solution Market

Global Digital Signage Solution Market



Global Digital Signage Solution Market By Software Type (Content Management System, Edge Server Software), By Service Type (Installation Services, Maintenance and Support Services, Others), By End User (Retail, Corporate, BFSI, Hospitality, Healthcare, Government, Transportation, Entertainment, Education, Industrial) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2022 to 2033

The global Digital Signage Solution market was valued at USD 22.45 Billion in 2022 and is anticipated to grow at a CAGR of 11.56% from 2023-2033. This growth is attributed to several macro and microeconomic factors such as

Rising Advertising Demand in Public and Commercial Sectors

Digital signage is gaining momentum in popularity in both the public and private sectors for various reasons. Digital displays can be used as a cost-effective way of reaching out to customers and members of the community for advertising and informational purposes. Government organizations can leverage digital signage to make advertising easier, raise awareness on key issues and share information with the public. In the commercial sector, digital signage is being used in numerous buildings to promote brands. The versatility of digital signage, which can be installed in various settings for advertising or displaying product information, instructions, directions, entertaining content, and much more, has led to its growing scope worldwide. These settings include retail stores, commercial spaces, shopping centers, and other public places.

As a visual billboard, digital signage provides an excellent platform for presenting content, engaging with your audience, and driving operational results. It can be used to display advertisements for ongoing or forthcoming deals or broadcast messages to potential customers, thereby improving the effectiveness of marketing efforts. With digital signage's increasing presence in different commercial and public settings, there is a corresponding surge in demand for this technology, particularly for businesses that aim to improve their marketing and customer engagement strategies. As such, there is a potential for continued growth in the digital signage industry as more organizations recognize the value of using this technology in various settings to engage with their audience.

Further several factors restraining the market growth include

Lack of Standard Policy and Power Problems in the Digital Signage Sector

The absence of a standardized policy in the digital signage industry can lead to confusion and ambiguity for both providers and customers. The lack of international rules or standards for the use of digital signs can make it difficult for organizations to implement these solutions. This can result in difficulties in locating reliable suppliers, compatibility issues, variable quality, and other problems. Power issues can cause service outages and equipment damage as digital signage solutions require a significant amount of power to operate. The use of many screens and high-resolution monitors can further increase the power consumption of these solutions. These power requirements may also result in higher expenses for organizations as they may need to invest in infrastructure or equipment to ensure reliable power and regulatory compliance.

Moreover, these limitations may discourage organizations from investing in non-standard or power supply-related solutions, which can slow down the adoption of digital signage solutions. In the absence of clear and consistent policies, organizations may be hesitant to implement digital signage solutions due to potential risks and uncertainties, leading to a slower adoption of the technology.

Collaborations and Alliances in the Digital Signage Solution market are expected to generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Digital Signage Solution market. The pandemic has caused a decline in new orders and a corresponding decrease in production.

This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Digital Signage Solution.

Key Insight in the report:

Our report covers extensive competitive intelligence which includes the following data points:


Business Overview
Business Segment Data
Financial Data
Product Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis

Digital Signage Solution Market Segmentation:

Software Type
Content Management System
Edge Server Software
Service Type
Installation Services
Maintenance and Support Services
Others
End User
Retail
Corporate
BFSI
Hospitality
Healthcare
Government
Transportation
Entertainment
Education
Industrial

Region/ Countries Covered:

North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Rest of the World
South America
Middle East & Africa

Key Players Analyzed in the Report:

NEC Corporation
ViewSonic Corporation
Signagelive
Omnivex Corporation
Stratacache (Scala)
Broadsign International
Navori Labs
Intuiface
Mvix, Inc.
NoviSign Digital Signage Inc.
Four Winds Interactive
Rise Vision, Inc

Target Audience

Manufacturers
Suppliers and traders
Government, associations, and industrial bodies
Investors and trade experts
Consulting Firms or Individual Consultants
Anyone interested in understanding the industry dynamics of the Digital Signage Solution market


CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study
2.1. Market Definition
2.2. Market Scope & Segmentation
2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology
3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast
CHAPTER 4. Exclusive Analysis
4.1. Market Opportunity Score
4.1.1. Software Type Segement – Market Opportunity Score
4.1.2. Service Type Segement – Market Opportunity Score
4.1.3. End User Segement – Market Opportunity Score
4.1.4. Regional Segment – Market Opportunity Score
4.2. Key Market Influencing Indicators
CHAPTER 5. Market Insights and Trends
5.1. Value Chain Analysis
5.1.1. Research & Development
5.1.2. Platform Provider
5.1.3. System Integrator
5.1.4. End User
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Buyers
5.2.2. Bargaining Power of Suppliers
5.2.3. Threat of New Entrant
5.2.4. Threat of Substitute
5.2.5. Industry Rivalry
5.3. COVID-19 Impact and Post COVID Scenario on Digital Signage Solution Market
5.3.1. Impact of COVID-19
5.3.2. Government Support and Industry Revival Policies
5.3.3. Measures Taken by Companies to Mitigate Negative Impact
5.3.4. Post COVID Trend
CHAPTER 6. Market Dynamics
6.1. Introduction
6.2. Drivers
6.2.1. Increasing Demand for Enhanced Connectivity, Flexibility, and Affordability
6.2.2. Growing Infrastructure Development across Industries
6.2.3. Increasing advertising demand in Public and Commercial Sectors
6.3. Restraints
6.3.1. Deployment of widescreen alternatives such as projectors and screenless displays
6.3.2. Lack of standard policy and power problems
6.4. Opportunity
6.4.1. Technological developments including near-field communication
CHAPTER 7. Global Digital Signage Solution Market, By Software Type
7.1. Introduction
7.1.1. Edge Server Software
7.1.2. Content Management System
7.1.3. Others
CHAPTER 8. Global Digital Signage Solution Market, By Service Type
8.1. Introduction
8.1.1. Installation Services
8.1.2. Maintenance and Support Services
8.1.3. Others
CHAPTER 9. Global Digital Signage Solution Market, By End User
9.1. Introduction
9.1.1. Retail
9.1.2. Corporate
9.1.3. BFSI
9.1.4. Hospitality
9.1.5. Healthcare
9.1.6. Government
9.1.7. Transportation
9.1.8. Entertainment
9.1.9. Education
9.1.10. Industrial
CHAPTER 10. Global Digital Signage Solution Market, By Region
10.1. Introduction
10.2. North America
10.2.1. North America: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.2.2. North America: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.2.3. North America: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.2.4. North America: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.2.5. US
10.2.5.1. US: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.2.5.2. US: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.2.5.3. US: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.2.6. Canada
10.2.6.1. Canada: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.2.6.2. Canada: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.2.6.3. Canada: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.2.7. Mexico
10.2.7.1. Mexico: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.2.7.2. Mexico: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.2.7.3. Mexico: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.3. Europe
10.3.1. Europe: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.3.2. Europe: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.3.3. Europe: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.3.4. Europe: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.3.5. U.K.
10.3.5.1. U.K.: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.3.5.2. U.K.: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.3.5.3. U.K.: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.3.6. Germany
10.3.6.1. Germany: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.3.6.2. Germany: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.3.6.3. Germany: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.3.7. France
10.3.7.1. France: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.3.7.2. France: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.3.7.3. France: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.3.8. Italy
10.3.8.1. Italy: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.3.8.2. Italy: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.3.8.3. Italy: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.3.9. Spain
10.3.9.1. Spain: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.3.9.2. Spain: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.3.9.3. Spain: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.3.10. Rest of Europe
10.3.10.1. Rest of Europe: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.3.10.2. Rest of Europe: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.3.10.3. Rest of Europe: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.4. Asia Pacific
10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.4.2. Asia Pacific: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.4.3. Asia Pacific: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.4.4. Asia Pacific: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.4.5. China
10.4.5.1. China: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.4.5.2. China: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.4.5.3. China: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.4.6. Japan
10.4.6.1. Japan: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.4.6.2. Japan: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.4.6.3. Japan: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.4.7. India
10.4.7.1. India: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.4.7.2. India: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.4.7.3. India: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.4.8. South Korea
10.4.8.1. South Korea: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.4.8.2. South Korea: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.4.8.3. South Korea: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.4.9. Australia
10.4.9.1. Australia: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.4.9.2. Australia: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.4.9.3. Australia: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.4.10. Rest of Asia Pacific
10.4.10.1. Rest of Asia Pacific: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.4.10.2. Rest of Asia Pacific: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.4.10.3. Rest of Asia Pacific: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.5. LAMEA
10.5.1. LAMEA: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.5.2. LAMEA: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.5.3. LAMEA: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.5.4. LAMEA: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.5.5. Saudi Arabia
10.5.5.1. Saudi Arabia: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.5.5.2. Saudi Arabia: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.5.5.3. Saudi Arabia: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.5.6. Brazil
10.5.6.1. Brazil: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.5.6.2. Brazil: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.5.6.3. Brazil: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.5.7. South Africa
10.5.7.1. South Africa: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.5.7.2. South Africa: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.5.7.3. South Africa: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.5.8. Turkey
10.5.8.1. Turkey: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.5.8.2. Turkey: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.5.8.3. Turkey: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
10.5.9. Rest of LAMEA
10.5.9.1. Rest of LAMEA: Market Size and Forecast, By Software Type, 2021 – 2033 ($ Million)
10.5.9.2. Rest of LAMEA: Market Size and Forecast, By Service Type, 2021 – 2033 ($ Million)
10.5.9.3. Rest of LAMEA: Market Size and Forecast, By End User, 2021 – 2033 ($ Million)
CHAPTER 11. Competitive Landscape
11.1. Competitior Benchmarking 2023
11.2. Market Share Analysis
11.3. Key Developments Analysis By Top 5 Companies
11.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
CHAPTER 12. Company Profiles
12.1. NEC Corporation
12.1.1. Business Overview
12.1.2. Financial Analysis
12.1.2.1. Business Segment Revenue, 2022
12.1.2.2. Geographic Revenue Mix, 2022
12.1.3. Product Portfolio
12.2. ViewSonic Corporation
12.2.1. Business Overview
12.2.2. Product Portfolio
12.2.3. Recent Development and Strategies Adopted
12.3. Signagelive
12.3.1. Business Overview
12.3.2. Product Portfolio
12.3.3. Recent Development and Strategies Adopted
12.4. Omnivex Corporation
12.4.1. Business Overview
12.4.2. Product Portfolio
12.5. Stratacache (Scala)
12.5.1. Business Overview
12.5.2. Product Portfolio
12.5.3. Recent Development and Strategies Adopted
12.6. Broadsign International
12.6.1. Business Overview
12.6.2. Product Portfolio
12.6.3. Recent Development and Strategies Adopted
12.7. Navori Labs
12.7.1. Business Overview
12.7.2. Product Portfolio
12.7.3. Recent Development and Strategies Adopted
12.8. Intuiface
12.8.1. Business Overview
12.8.2. Product Portfolio
12.8.3. Recent Development and Strategies Adopted
12.9. Mvix, Inc.
12.9.1. Business Overview
12.9.2. Product Portfolio
12.9.3. Recent Development and Strategies Adopted
12.10. NoviSign Digital Signage Inc.
12.10.1. Business Overview
12.10.2. Product Portfolio
12.10.3. Recent Development and Strategies Adopted
12.11. Four Winds Interactive
12.11.1. Business Overview
12.11.2. Product Portfolio
12.11.3. Recent Development and Strategies Adopted
12.12. Rise Vision
12.12.1. Business Overview
12.12.2. Product Portfolio
12.12.3. Recent Development and Strategies Adopted

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