Energy savings from LED backlit panel integration to drive the global digital signage market size to over $23bn by 2023

1
Latest global digital signage market research
forecasts 5.2 CAGR growth from 2016 to 2023.
2
Global Market Scenario of signage market Industry

• Digital signage market size is forecast to be
  worth USD 23.02 billion by 2023 as per a new
  research report by Global Market Insights, Inc.
• Lower paper wastage coupled with LED backlit
  panel integration has led to significant energy
  savings, driving digital signage market growth.
  The emergence of Internet of Things (IoT) has the
  potential to transform the technology from mere
  content displayers to a hub capable of collecting
  operational data via cloud computing.
• Dynamic digital signs engage the audience with
  real-time audiovisual multimedia content, thereby
  inviting them to explore the displayed content.
  It is also a suitable platform for creating and
  distributing content, since it is faster and less
  expensive than print media.
•  
• Specifically designed hardware display panels to
  be used in digital signage are expected to be
  rivalled by consumer televisions, which are
  priced relatively lower. Compatibility and
  interoperability issues between media players and
  displays may also act as a growth restraint. 

3
Continue.....

• Global digital signage display market size was
  USD 6.07 billion in 2015, with revenue expected
  to hit USD 9.3 billion by 2023, at 5.5 CAGR from
  2016 to 2023. 
• Asia Pacific digital signage market share is
  forecast to grow at 6.5 CAGR from 2016 to 2023.
  Developments in the government and educational
  sector along with enhanced user experience,
  infrastructure development, and decreasing
  display panel prices are forecast to propel
  growth
•  
• Organizational use cases include navigation,
  communication, point of sale (POS), point of
  transit (POT), promotion and advertising, and
  infotainment.
•  
• Increased demand in healthcare services has
  contributed substantially towards technology
  implementation. Current healthcare IT trends
  include deployment of EMR (electronic medical
  records). The segment is forecast to surpass USD
  850 million by 2023, with 7 CAGR estimations
  from 2016 to 2023.

4
Europe digital signage market size, by
application, 2012 - 2023 (USD Million)
5
360 Analysis
Application Analysis The healthcare sector is
characterized by favorable regulatory scenario
for industry expanion. The Pharmaceutical
Research and Manufacturers of America proposed
revisions on its codes for interactions with
health professionals and physicians which forbade
pharmaceutical companies from following the
standard practice of distributing clipboards,
notepads, and branded pens to doctors for
marketing their goods Regional Analysis U.S.
digital signage market size was USD 4.3 billion
in 2015. Growing demand across application areas
is expected to favorably impact the regional
industry.  Positive application outlook coupled
with enhanced user experience are major factors
in Asia Pacific digital signage market analysis.
Regional demand across the transportation sector
is poised to grow at 7 CAGR from 2016 to
2023.  Competitive Market Share Samsung, LG,
AUO, Panasonic, and Innolux accounted for
significant LCD panel market share in 2015. Scala
was one of the digital signage market leaders in
terms of software in the same year.

6

Latest Research Report https//www.gminsights.com
/pressrelease/digital-signage-market Downloa
d Latest Report PDF _at_ https//www.gminsights.com/r
equest-sample/detail/392
7
Stay In Touch You can visit us at
www.gminsights.com