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Digital Signage Market: Top Trends to Look for in 2020-2023

Author : Ronak Bora | Published Date : 2020-09-11 

Global Digital Signage Market was greater than $15 billion for 2015 and is predicted to register CAGR of 5.2% during forecast timeframe. Innovations in display panel production techniques have led to substantial price decline predicted to positively affect global digital signage industry trends. Software dealers are growingly concentrating on entry level items. Execution of flip clip technology leading to good dissipation of heat, reduced LED failure and large availability of light angles is predicted to lessen digital signage market price trend.

However, lack of standards to assure interoperability between these two equipment kinds is one of the key challenges to industry growth. Creating advanced solutions with already available commercial media players and displays is a key threat to the growth of the industry due to interface compatibility.

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The Digital Signage Market is segmented into various applications like retail application and healthcare application. Retail application contributed more than 40% of global industry share for 2015. It is predicted to continue its domination in future.

Healthcare segment features positive regulatory scenario for Digital Signage Market growth. It is predicted to register 7% CAGR during forecast timeframe. Pharmaceutical Research and Manufacturers of America has made such regulations that disallows pharmaceutical firms from following the traditional practice of distributing notepad and branded pens to physicians for marketing their products.

The new rules have compelled the firms to explore 3D technology based Digital Signage Market as a feasible marketing tool. Further, this technology assists in reducing perceived patient waiting times by curbing their anxiety through entertainment.

Top Key Players In Digital Signage Market are Dacor Inc., Electrolux, Haier, LG Electronics, Morphy Richards, Panasonic Corporation, Philips, Robert Bosch, Samsung Electronics, Whirlpool Corporation,

LCD display technology contributed to greater than 55% of the industry share for 2015 but is predicted to expand at sluggish rate than global average during forecast period. Large screen sizes like those bigger than 50 inch displays are predicted to experience higher acceptance during forecast timeframe. In contrast to this, small sized displays are predicted to lose their industry share due to declining LCD costs and rising digital signage market.

U.S. digital signage market was $4.4 billion for 2015. Rising demand across various application areas is predicted to positively affect the industry growth of the region.

Favourable application overview along with improved user experience is a key factor driving the industry growth in Asia Pacific. Regional demand for the digital signage across transportation segment is predicted to register a CAGR of about 7% during the forecast period.

Table Of Content:

Chapter 4    Digital Signage Display Technology Insights

4.1    Digital signage display market share by technology, 2015 & 2023

4.2    LCD

4.2.1    Market estimates and forecasts, 2012 - 2023

4.2.2    Market estimates and forecasts by region, 2012 - 2023

4.3    LED

4.3.1    Market estimates and forecasts, 2012 - 2023

4.3.2    Market estimates and forecasts by region, 2012 - 2023

4.4    Front projection

4.4.1    Market estimates and forecasts, 2012 - 2023

4.4.2    Market estimates and forecasts by region, 2012 - 2023

4.5    Others

4.5.1    Market estimates and forecasts, 2012 - 2023

4.5.2    Market estimates and forecasts by region, 2012 - 2023

Chapter 5    Digital Signage Application Insights

5.1    Digital signage market share by application, 2015 & 2023

5.2    Retail

5.2.1    Market estimates and forecasts, 2012 - 2023

5.2.2    Market estimates and forecasts by region, 2012 - 2023

5.3    Corporate

5.3.1    Market estimates and forecasts, 2012 - 2023

5.3.2    Market estimates and forecasts by region, 2012 - 2023

5.4    Banking

5.4.1    Market estimates and forecasts, 2012 - 2023

5.4.2    Market estimates and forecasts by region, 2012 - 2023

5.5    Healthcare

5.5.1    Market estimates and forecasts, 2012 - 2023

5.5.2    Market estimates and forecasts by region, 2012 - 2023

5.6    Education

5.6.1    Market estimates and forecasts, 2012 - 2023

5.6.2    Market estimates and forecasts by region, 2012 - 2023

5.7    Transportation

5.7.1    Market estimates and forecasts, 2012 - 2023

5.7.2    Market estimates and forecasts by region, 2012 - 2023

5.8    Others

5.8.1    Market estimates and forecasts, 2012 - 2023

5.8.2    Market estimates and forecasts by region, 2012 - 2023

Chapter 6    Digital Signage Regional Insights

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/digital-signage-market-report

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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