The Digital Signage Market is anticipated to reach USD 30.47 billion by 2033, up from USD 18.41 billion in 2023, reflecting a compound annual growth rate (CAGR) of 6.98% over this period. In 2019, the market was valued at USD 21.0 billion and was projected to grow at a CAGR of 9.14% from 2020 to 2027. Digital signage, an electronic display technology, is employed to communicate information to consumers. It utilizes technologies such as LED, LCD, e-paper, and projection to present videos, text, digital images, web pages, and more. Digital signage is versatile and can be applied in numerous customer interaction points, including dining areas, exam rooms, checkout lines, and product display areas. Among the various types of digital signage, video screens are the most prevalent, capable of displaying text, graphics, animations, and videos along with other content.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Type (Video Walls, Video Screen, Transparent LED Screen, Digital Poster, Kiosks and Others)
By Component (Hardware, Software and Service)
By Technology (LCD, LED, Projection)
By Application (Retail, Hospitality, Entertainment, Corporate, Banking, Healthcare, Education, Transport, and Others)
By Location (In-store and Out-store)
By Size ( Below 32 Inches, 32 to 52 Inches and More than 52 Inches)
Key players
OMNIVEX CORPORATION
E Ink Holdings Inc.
Leyard Optoelectronic Co., Ltd.
Panasonic Corporation
Exceptional 3D
Samsung Electronics
Deepsky Corporation Ltd.
Scala
Sony Corporation
LG ELECTRONICS
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