Digital Signage Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The digital signage services market was valued at USD 734.9 million in 2020 and is expected to reach USD 1436.92 million by 2026 at 11.9% CAGR during the forecast period of 2021 - 2026. Digital signage enables content and messages to be displayed on an electronic screen and can be changed without modification to the physical sign. The adoption of digital signage is becoming more popular and mainstream with technological advancements and reduction in price.
Key HighlightsThe digital signage services market is moderately competitive and consists of a significant number of global and regional players. These players account for a considerable share in the market and focus on expanding their customer base. These vendors focus on the research and development activities, strategic partnerships, and other organic & inorganic growth strategies to earn a competitive edge over the forecast period.
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