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Digital Signage Market Report Forecasts Impressive Growth by 2022 - Scalar Market Research

03-01-2017 09:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Scalar Market Research

Digital Signage Market Report Forecasts Impressive Growth

According to the report, “Digital Signage Market, By Product (Kiosks, Menu Boards, Sign Boards, Signboards), Offering (Hardware, Software, Services), Applications (Retail, Education, Corporate, BFSI, Transportation & Logistics, Hospitality & Entertainment, Commercial & Industrial), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America) Report Forecast - 2014 to 2022”, the market for digital signage is expected to witness healthy growth during the forecast period.

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The global digital signage market focuses on the growth trends and revenue forecasts for the global industry. The report also analyzes the market share, segmentation, major drivers, and restraints for this market.

According to the digital signage market report, the global market is set to witness impressive growth during the forecast period. This growth is strongly driven by the strong rise in demand and usage of the OLED-based display technology. Apart from that, the strong rise in demand from the diverse application segments, such as government, healthcare, and media and entertainment are expected to create impressive business opportunities for the key market players. The increasing focus on improving the overall customer experience is one of the strong drivers for this market. The growing issues with standardization and interoperability are also some of the vital growth drivers for the products.

The digital signage market report segments the global market by the types of products, offerings, applications, and geographic regions. The product segments include sign boards, menu boards, and kiosks. The offering segment is sub-categorized into services, software, and hardware. The major application segments of the market include BFSI, retail, corporate, education, industrial, entertainment, hospitality, transportation and logistics, and commercial. The major geographic regions of the market include North America, Latin America, Asia-Pacific, Europe, and the rest of the world.

The key players highlighted in the digital signage market report include:

1. Adflow Networks,
2. LG Display Co.,
3. NEC Display Solutions,
4. Omnivex Corporation,
5. Panasonic Corporation,
6. Planar Systems,
7. Sharp Corporation,
8. Sony Corporation,
9. others.

According to the report, North America will continue to dominate the global market in terms of revenue and market share. Asia-Pacific region, on the other hand, is expected to become the fastest-growing geographic region in this market.

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Global Light Emitting Diodes (LED) Market worth USD 28.89 billion in 2016 and expected to reach USD 71.35 billion by 2021, at a CAGR of 19.8% from 2016 to 2021.
https://www.scalarmarketresearch.com/market-reports/led-light-emitting-diode-market

Smart Grid Market is expected to grow from USD 39.84 billion in 2016 and reach USD 83.81 billion in 2022, growing at a CAGR of 13.2% during the forecast period.
https://www.scalarmarketresearch.com/market-reports/smart-grid-market

About Scalar Market Research:

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

Find out more about our services at: www.scalarmarketresearch.com

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