Global Digital Signage Market Growth 2023-2029

Global Digital Signage Market Growth 2023-2029

Digital signage is a sub segment of signage. Digital displays use technologies such as LCD, LED and Projection to display content such as digital images, video, streaming media, web pages, weather data, restaurant menu, or text. They can be found in public spaces, transportation systems, museums, stadiums, retail stores, hotels, restaurants, and corporate buildings etc., to provide wayfinding, exhibitions, marketing and outdoor advertising.

Digital sign displays may be LCD or plasma screens, LED boards, projection screens or other emerging display types like interactive surfaces or organic LED screens (OLEDs). Rapidly dropping prices for large plasma and LCD screens have led to a growing increase in the number of digital sign installations.

LPI (LP Information)' newest research report, the “Digital Signage Industry Forecast” looks at past sales and reviews total world Digital Signage sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Signage sales for 2023 through 2029. With Digital Signage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Signage industry.

This Insight Report provides a comprehensive analysis of the global Digital Signage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Signage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Digital Signage market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Signage and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Signage.

The global Digital Signage market size is projected to grow from US$ 10320 million in 2022 to US$ 14300 million in 2029; it is expected to grow at a CAGR of 14300 from 2023 to 2029.

The market is quite competitive. Including Samsung Electronics, LG Electronics and NEC Display are top 3 players in terms of value, with about 56% market shares, Samsung Electronics, LG Electronics, Goodview, NEC Display and Panasonic are the top 5 players in terms of output volume, with about 59% market shares. Other notable players include Daktronics, Sharp, Planar Systems (Leyard), Sony, Philips, Chimei Innolux (CMI), Marvel Digital, Toshiba, Cisco Systems Inc, Mitsubishi, Advantech nd so on. Industry participants are investing immensely in the R&D operations to offer advanced products for the verticals with high demand such as retail and education, government, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Signage market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
40 - 50 inch
50 - 60 inch
Under 40 inch
Larger than 60 inch

Segmentation by application
Retail
Healthcare
Hospitality
Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Samsung Electronics
LG Electronics
Philips
Toshiba
Daktronics
Sony
Panasonic
NEC Display
Sharp
Planar Systems (Leyard)
Mitsubishi
Chimei Innolux (CMI)
Advantech
Goodview
Cisco Systems Inc
Marvel Digital

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digital Signage market?

What factors are driving Digital Signage market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digital Signage market opportunities vary by end market size?

How does Digital Signage break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.