Digital Signage Market Growth 2022, Industry Size, Share, Trends, Sales Statistics and Forecast Report by 2027

IMARC Group’s latest research report, titled “Digital Signage Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the digital signage market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global digital signage market reached a value of US$ 23.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 35.4 Billion by 2027, exhibiting at a CAGR of 6.69% during 2022-2027. Digital signage is a centralized content distribution platform designed to playback information on multiple display screens. It displays advertisements or messages to the targeted audience through a back-end operating computer connected to a media player and content management software (CMS). It utilizes technologies, such as projectors, LED, LCD and plasma displays, to project the information, including live weather forecasts, flight schedules, menus, news, television programs and advertisements. As a result, digital signages are widely used across various sectors, including retail, entertainment, education, hospitality, corporate, transport, healthcare, etc.

Get Free Sample Copy of Report at – https://www.imarcgroup.com/digital-signage-market/requestsample

Important Attribute and highlights of the Report:

  • Detailed analysis of the global market share
  • Market Segmentation by type, component, technology, application, location, and size
  • Historical, current, and projected size of the market in terms of volume and value
  • Latest industry trends and developments
  • Competitive Landscape for Digital Signage Market
  • Strategies of major players and product offerings

Global Digital Signage Market Trends:

Rapid digitalization, along with the growing demand for effective advertisement tools, is primarily driving the market growth. Furthermore, the banking sector is increasingly utilizing digital signages in automated teller machines (ATMs) and e-banking centers to display motion messages, digitalized promotion of products and remote content updating and management. This is acting as another significant growth-inducing factor. Additionally, the introduction of modern product variants equipped with gaze and heat path trackers is also augmenting the market growth. These trackers locate the area that is attracting the most consumers, thereby allowing organizations to monitor consumer behavior and gaining meaningful insights. Numerous other factors, including continuous advancements in the LCD/LED technologies and rising expenditures on brand promotions and advertisements, are expected to further drive the market in the coming years.

Key Players Included in Global Digital Signage Market Research Report:

  • BARCO
  • Leyard Optoelectronic (Planar)
  • LG Electronics
  • Panasonic
  • Samsung Electronics
  • Shanghai Goodview Electronics
  • Sharp (Foxconn Group)
  • Sony

Do you know more information, Contact to our analyst at– https://www.imarcgroup.com/digital-signage-market

COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key Market Segmentation:

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

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