Digital Signage Market share to reach $23bn by 2023

1
Digital Signage Market share to grow at a CAGR of
5.2 during the next seven years Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Industry Overview

• Global Digital Signage Market size forecast was
  over USD 15 billion in 2015 and it likely to
  exceed revenue of USD 23 billion by 2023,
  escalated by high demand for digitally enabled
  products with enhanced content. Innovations in
  display panel production techniques have led to
  substantial price decline predicted to positively
  affect global digital signage industry trends.
  Software dealers are growingly concentrating on
  entry level items. Execution of flip clip
  technology leading to good dissipation of heat,
  reduced LED failure and large availability of
  light angles is predicted to lessen digital
  signage market price trend.
• However, lack of standards to assure
  interoperability between these two equipment
  kinds is one of the key challenges to industry
  growth. Creating advanced solutions with already
  available commercial media players and displays
  is a key threat to the growth of the industry due
  to interface compatibility.
• Producing and distributing contents through
  digital signage technology is rapid and cost
  effective. For example, a hotel can make use of
  digital signage to promote its shopping
  amenities, dining services and recreation
  facilities.

3
Application Trends

• The industry is segmented into various
  applications like retail application and
  healthcare application. Retail application
  contributed more than 40 of global industry
  share for 2015. It is predicted to continue its
  domination in future.
• Healthcare segment features positive regulatory
  scenario for industry growth. It is predicted to
  register 7 CAGR during forecast timeframe.
  Pharmaceutical Research and Manufacturers of
  America has made such regulations that disallows
  pharmaceutical firms from following the
  traditional practice of distributing notepad and
  branded pens to physicians for marketing their
  products. The new rules have compelled the firms
  to explore 3D technology based digital signage as
  a feasible marketing tool. Further, this
  technology assists in reducing perceived patient
  waiting times by curbing their anxiety through
  entertainment.

4
Display Technology Trends

• LCD display technology contributed to greater
  than 55 of the industry share for 2015 but is
  predicted to expand at sluggish rate than global
  average during forecast period.
• Large screen sizes like those bigger than 50 inch
  displays are predicted to experience higher
  acceptance during forecast timeframe. In contrast
  to this, small sized displays are predicted to
  lose their industry share due to declining LCD
  costs and rising digital signage market size.
• LED displays are attractive segment with CAGR
  predicted over 6 in future.

5
Europe digital signage market size, by
application, 2012 - 2023 (USD Million)

6

Browse Full Market Research Report Of Digital
Signage Market _at_ http//bit.ly/2iOlS25 Read our
Insightful Blog _at_ http//bit.ly/2g2S6Gh Request
for a Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/3
92
7
Regional Trends

• U.S. digital signage market size was 4.4 billion
  for 2015. Rising demand across various
  application areas is predicted to positively
  affect the industry growth of the region.
• Favourable application overview along with
  improved user experience is a key factor driving
  the industry growth in Asia Pacific. Regional
  demand for the digital signage across
  transportation segment is predicted to register a
  CAGR of about 7 during the forecast period.

Competitive Trends

• Key leaders by profiled in the report include
  Panasonic Corporation, Samsung Electronics, LG
  Electronics, NEC Display Solutions Limited, Scala
  Incorporation, Adflow Networks, Cisco Systems
  Incorporation, KeyWest Technology Incorporation,
  Microsoft Corporation, BrightSign LLC, Intel
  Corporation, Omnivex Corporation, Polk Audio and
  Winmate Communication Incorporation.

8
Stay In Touch Website www.gminsights.com Soci
al Media