Global Digital Signage Market 2024-2028
The digital signage market is forecasted to grow by USD 9855.3 mn during 2023-2028, accelerating at a CAGR of 9.95% during the forecast period. The report on the digital signage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the high growth of retail space, increasing adoption of digital signage in numerous service sectors, and high growth of DOOH signage.
Technavio's digital signage market is segmented as below:
ByApplication
- Retail
- QSR and restaurants
- Education
- Healthcare
- Others
ByComponent
ByGeography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the introduction of soc technology as one of the prime reasons driving the digital signage market growth during the next few years. Also, innovations in display technology big data analytics, and AI in digital signage will lead to sizable demand in the market.
The report on the digital signage market covers the following areas:
- Digital signage market sizing
- Digital signage market forecast
- Digital signage market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital signage market vendors that include 3M Co., AT and T Inc., AUO Corp., BrightSign LLC, Cayin Technology Co. Ltd., Cisco Systems Inc., Daktronics Inc., Hon Hai Precision Industry Co. Ltd., HP Inc., Intel Corp., Keywest Technology Inc., Leyard Group, LG Corp., Omnivex Corp., Panasonic Holdings Corp., Rokk3r, Samsung Electronics Co. Ltd., Scala, Sony Group Corp., and YFY Inc.. Also, the digital signage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.