The global digital signage market reached a value of US$ 21.1 Billion in 2020. Digital signage refers to a centralized content distribution platform used to playback information on multiple display screens. It shows advertisements or messages to the targeted audience through content management software (CMS) and a back-end operating computer connected to a media player. It utilizes devices, such as projectors, LCD, LED and plasma displays, to project or show the information, including live weather forecasts, news, television programs, menus, flight schedules, calendars and advertisements. Digital signages are commonly used in various sectors such as retail, entertainment, hospitality, education, corporate, healthcare, transport, etc. They enable the organizations to engage with a broader audience and create a centralized network for digital communications to enhance the uniformity and effectiveness of the marketing activities.
Rapid digitalization, along with the increasing demand for effective advertisement tools, is one of the key factors driving the growth of the market. Furthermore, widespread utilization of electronic large-screen displays in various industrial sectors, such as retail, hospitality, entertainment, banking, healthcare, education and transport, is stimulating the market growth. For instance, in the banking sector, digital signages are used in automated teller machines (ATMs) and e-banking centers to display motion messages, digitalized promotion of products and remote content updating and management. Additionally, various technological advancements, such as the integration of biometric technology with digital signage products, are acting as other growth-inducing factors. In line with this, modern product variants are equipped with gaze trackers and heat path trackers that locate the area that is attracting the most consumers, thereby enabling organizations to monitor consumer behavior and gaining meaningful insights. Other factors, including improvements in the LCD/LED technologies, along with increasing expenditures on brand promotions and advertisements, are anticipated to drive the market further. Looking forward, the analyst expects the global digital signage market to exhibit moderate growth during the next five years.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global digital signage market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, component, technology, application, location and size.
Breakup by Type: Video Walls Video Screen Transparent LED Screen Digital Poster Kiosks Others
Breakup by Component: Hardware Software Service
Breakup by Technology: LCD/LED Projection Others
Breakup by Application: Retail Hospitality Entertainment Stadiums and Playgrounds Corporate Banking Healthcare Education Transport Others
Breakup by Location: Indoor Outdoor
Breakup by Size: Below 32 Inches 32 to 52 Inches More than 52 Inches
Breakup by Region: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The competitive landscape of the industry has also been examined with some of the key players being BARCO, Leyard Optoelectronic (Planar), LG Electronics, Panasonic, Samsung Electronics, Shanghai Goodview Electronics, Sharp (Foxconn Group) and Sony.
Key Questions Answered in This Report: How has the global digital signage market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global digital signage market? What are the key regional markets? What is the breakup of the market based on the type? What is the breakup of the market based on the component? What is the breakup of the market based on the technology? What is the breakup of the market based on the application? What is the breakup of the market based on the location? What is the breakup of the market based on the size? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global digital signage market and who are the key players? What is the degree of competition in the industry?
Our reports have been used by over 10K customers, including:
427 pages •
By Global Industry Analysts
• Apr 2021
- Contrary to Expectations, the Pandemic Has Made Cash the King Once Again. Cash & Coin Deposit Bags Market Remains Afloat at 3.4% Growth
- The global market for Cash & Coin Deposit Bags is expected to buck the virus led downturn and remain stable at 3.4% growth in the year 2020. By the year 2027, the market...
NatWest Group - Enterprise Tech Ecosystem Series Summary NatWest Group (formerly RBS Group) is a provider of personal and commercial banking and other financial solutions through two major subsidiaries: RBS and NatWest.Its Personal Banking segment offers accounts, cards, loans and mortgages, insurance,...
Remittance Market By Type (Inward Remittance and Outward Remittance), Channel (Banks, Money Transfer Operators, and Others), Application (Consumption, Savings, and Investments), and End User (Business and Personal): Global Opportunity Analysis and Industry Forecast, 2019-2026
Remittance is referred as money sent from...
This study covers the world outlook for consumer payment transactions across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These...
RFID Sensor Market by Product (Tags, Reader, and Software), Frequency Band (Low Frequency, High Frequency, and Ultrahigh Frequency) Type (Active and Passive), Application (Access Control, Livestock Tracking, Ticketing, Cashless Payment, and Inventory Management), and Industry Vertical (Transportation & Logistics, Healthcare, Hospitality,...
38 pages •
By yStats - Global E-Commerce Intelligence
• Jun 2015
Online Payment Services Provider Adyen Attracted Over $ 260 Million of Investment in Less Than One Year Adyen is a fast growing Netherlands-based payment service provider, offering omni-channel payment solutions for online, mobile and POS. The company has a portfolio of 250 payment methods and powers online payments in 187 currencies....
Project Synopsis: Datamonitor's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Project Description: Datamonitors' Unisys...
NanoMarkets has covered opportunities in the powered smartcard market for more than five years. In this latest report on the topic, we examine how this market has evolved since our last in-depth on the market in 2012. In particular, in this report we have analyzed how demand for such cards is changing as the result of a burgeoning need for...
The global smart cards market is predicted to reach USD 15.4 billion by 2025, according to a new study by Grand View Research, Inc.
The increasing demand for the product, across various applications, such as payment transactions, cell phones, ID verification & access controls, is presumed to favor the market growth over the...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.