According to a new market research report published by Global Insight Services “ Digital Signage Market is expected to reach US$ bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Digital signage is a type of electronic display that is used to show information, advertising, or other messages. These displays can be found in a variety of public places, such as airports, malls, and restaurants. They can also be used in private businesses, such as office buildings and schools.
Top Key Players in Digital Signage market: NEC Corporation, Sony Corporation, LG Electronics, Samsung Electronics, Panasonic Corporation, ViewSonic Corporation
Key Trends
Increased use of cloud-based solutions: Cloud-based digital signage solutions are becoming increasingly popular, as they offer a number of advantages over traditional on-premise solutions. Cloud-based solutions are typically more affordable, easier to deploy and manage and offer greater scalability.
Key Drivers
The digital signage market is expected to grow significantly in the coming years owing to the rising adoption of digital signage solutions across various industry verticals. The key drivers of the digital signage market include the growing demand for effective communication tools, the need for reducing operational costs, and the increasing popularity of digital signage solutions among end-users.
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Market Segments
The Digital Signage Market is segmented into basis of offering, product, location and region. By offering, the market is categorized into hardware, software, and services. By product, it is classified into single screen display, video wall, and kiosk. On the basis of location, the market is categorized into indoor and outdoor. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Reasons to buy Digital Signage Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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