Digital Signage Market Size Was Valued At USD 14,986.1 Million In 2015 And Is Expected To Reach USD 29,939.6 Million By 2024: Grand View Research, Inc.

Digital signage market to reach $29,939.6 million by 2024
“The global digital signage market size was valued at USD 14,986.1 million in 2015
and is expected to reach USD 29,939.6 million by 2024. growing adoption of
advanced products that require digital information guidance from a remote location
is key driver which is anticipated to propel the industry growth over the next eight
years”
The global digital signage market is projected to reach USD 29,939.6 million by
2024, according to a new study by Grand View Research, Inc. Growing demand from
end-use industries such as retail and healthcare is expected to drive industry growth
over the next eight years. Creating and distributing content via digital signage serves
as an effective marketing strategy for enterprises as it has a capability to reach large
audience. This is anticipated to spur adoption particularly in the corporate sector.
Larger screen sizes such as those over 50-inch displays are anticipated to gain
popularity over the forecast period.
Detailed Research Report available at:
http://www.grandviewresearch.com/industry-analysis/digital-signage-market
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Digital displays with 4K technology is on the rise to address growing demand for image
with high sharpness. Software providers have been targeting the new entrants by
designing solutions compatible with Android OS. The emergence of IoT paired with
increasing adoption of cloud computing is expected to enable collection of vital
operational and marketing data. Use of digital signage drops the company’s long term
operational cost by reducing the use of paper for advertising and incorporation of LED
backlit panels have resulted in considerable energy savings which reduces the
operational cost of an enterprise.
Further key findings from the study suggest:

Digital signage based on LCD technology dominated the global display industry
in 2015 and accounted for over 50% of the overall revenue in the same year.
Decline in the prices coupled with the advantages offered by this technology over
alternatives such as plasma display is projected to fuel the LCD-based digital
signage over the forecast period.

Retail accounted for over 40% of the total revenue in 2015 and is projected to
remain the largest application segment over the next eight years. The healthcare
sector has significant potential as hospitals have increasingly incorporated digital
signage for numerous purposes such as sharing important registration
information, display notifications, and conveying wellness tips for improving
patients’ health.

Transparent LED screen is expected to witness significant growth owing to its
energy efficiency capability and sophisticated design offering more than 80%
transparent screen. Kiosks are significantly used in several application area
primarsy such as the distributing terminal and is anticipated to account for more
than 22% (in terms of revenue) of the total market share.
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
Growing number of hardware offerings with 4K-UHD and 8K displays is
anticipated to dominate the component segment. Further, the surge in need for
better sales capability with branding is expected to propel software demand.

North America accounted for the largest market share i.e. over 35% in 2015;
growing demand across application areas due technologically advanced
customer base is expected to favorably impact the regional market over the next
eight years. Factors including demand for improved viewing experience,
educational and government market development, decreasing price of display
panels, and increasing spending on infrastructure development are likely to spur
Asia Pacific market growth.

The industry has started showing signs of consolidation in the wake of a mini
spate of M&A (X2O Media’s acquisition by Barco) and joint ventures (LG
Electronics Inc. and MRI). Key vendors in the 9.1-inch and larger LCD panels
space include LG Electronics Inc., Samsung Electronics Co. Ltd., Influx
Corporation and AU Optronics.
Read our blog on digital signage market:
http://www.grandviewresearch.com/blog/digital-signage-a-better-alternative-toprint-advertising
Table of content of global digital signage market research report:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
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Chapter 2. Executive Summary
2.1. Digital signage - Industry Snapshot & Key Buying Criteria, 2014 2024
Chapter 3. Digital Signage Industry Outlook
3.1. Market Segmentation
3.2. Market Size and Growth Prospects
3.3. Digital signage Value Chain Analysis
3.4. Digital signage Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Increasing demand for 3D and interactive digital signage
3.4.1.2. Increased use in healthcare and pharmaceuticals due to
government regulations
3.4.1.3. Decreasing display panel costs
3.4.1.4. Enhancement of brand awareness and perception
3.4.2. Market restraint analysis
3.4.2.1. Lack of standardization
3.5. Penetration & growth prospect mapping
3.6. Industry Analysis - Porter's
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3.7. Digital Signage - Political & Legal, Economic, Social and
Technological Analysis
Chapter 4. Digital Signage Technology Outlook
4.1. LCD
4.1.1. Market estimates and forecasts, 2014 - 2024
4.2. LED
4.2.1. Market estimates and forecasts, 2014 - 2024
4.3. Front Projection
4.3.1. Market estimates and forecasts, 2014 - 2024
4.4. Others
4.4.1. Market estimates and forecasts, 2014 - 2024
Chapter 5. Digital Signage Application Outlook
5.1. Retail
5.1.1. Market estimates and forecasts, 2014 - 2024
5.2. Corporate
5.2.1. Market estimates and forecasts, 2014 - 2024
5.3. Banking
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5.3.1. Market estimates and forecasts, 2014 - 2024
5.4. Healthcare
5.4.1. Market estimates and forecasts, 2014 - 2024
5.5. Education
5.5.1. Market estimates and forecasts, 2014 - 2024
5.6. Transportation
5.6.1. Market estimates and forecasts, 2014 - 2024
5.7. Others
5.7.1. Market estimates and forecasts, 2014 - 2024
Chapter 6. Digital Signage Type Outlook
6.1. Video walls
6.1.1. Market estimates and forecasts, 2014 - 2024
6.2. Video screens
6.2.1. Market estimates and forecasts, 2014 - 2024
6.3. Transparent LED Screens
6.3.1. Market estimates and forecasts, 2014 - 2024
6.4. Digital poster
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6.4.1. Market estimates and forecasts, 2014 - 2024
6.5. Kiosks
6.5.1. Market estimates and forecasts, 2014 - 2024
6.6. Others
6.6.1. Market estimates and forecasts, 2014 - 2024
Chapter 7. Digital Signage Component Outlook
7.1. Hardware
7.1.1. Market estimates and forecasts, 2014 - 2024
7.2. Software
7.2.1. Market estimates and forecasts, 2014 - 2024
7.3. Service
7.3.1. Market estimates and forecasts, 2014 - 2024
Chapter 8. Digital Signage Regional Outlook
8.1. North America
8.1.1. Market estimates and forecasts, by technology, 2014 - 2024
8.1.2. Market estimates and forecasts, by application, 2014 - 2024
8.1.3. Market estimates and forecasts, by type, 2014 - 2024
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8.1.4. Market estimates and forecasts, by component, 2014 - 2024
8.1.5. U.S.
8.1.5.1. Market estimates and forecasts, by technology, 2014 - 2024
8.1.5.2. Market estimates and forecasts, by application, 2014 - 2024
8.1.5.3. Market estimates and forecasts, by type, 2014 - 2024
8.1.5.4. Market estimates and forecasts, by component, 2014 - 2024
8.1.6. Canada
8.1.6.1. Market estimates and forecasts, by technology, 2014 - 2024
8.1.6.2. Market estimates and forecasts, by application, 2014 - 2024
8.1.6.3. Market estimates and forecasts, by type, 2014 - 2024
8.1.6.4. Market estimates and forecasts, by component, 2014 - 2024
8.2. Europe
8.2.1. Market estimates and forecasts, by technology, 2014 - 2024
8.2.2. Market estimates and forecasts, by application, 2014 - 2024
8.2.3. Market estimates and forecasts, by type, 2014 - 2024
8.2.4. Market estimates and forecasts, by component, 2014 - 2024
8.2.5. UK
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8.2.5.1. Market estimates and forecasts, by technology, 2014 - 2024
8.2.5.2. Market estimates and forecasts, by application, 2014 - 2024
8.2.5.3. Market estimates and forecasts, by type, 2014 - 2024
8.2.5.4. Market estimates and forecasts, by component, 2014 - 2024
8.2.6. Germany
8.2.6.1. Market estimates and forecasts, by technology, 2014 - 2024
8.2.6.2. Market estimates and forecasts, by application, 2014 - 2024
8.2.6.3. Market estimates and forecasts, by type, 2014 - 2024
8.2.6.4. Market estimates and forecasts, by component, 2014 - 2024
8.3. Asia Pacific
8.3.1. Market estimates and forecasts, by technology, 2014 - 2024
8.3.2. Market estimates and forecasts, by application, 2014 - 2024
8.3.3. Market estimates and forecasts, by type, 2014 - 2024
8.3.4. Market estimates and forecasts, by component, 2014 - 2024
8.3.5. China
8.3.5.1. Market estimates and forecasts, by technology, 2014 - 2024
8.3.5.2. Market estimates and forecasts, by application, 2014 - 2024
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8.3.5.3. Market estimates and forecasts, by type, 2014 - 2024
8.3.5.4. Market estimates and forecasts, by component, 2014 - 2024
8.3.6. India
8.3.6.1. Market estimates and forecasts, by technology, 2014 - 2024
8.3.6.2. Market estimates and forecasts, by application, 2014 - 2024
8.3.6.3. Market estimates and forecasts, by type, 2014 - 2024
8.3.6.4. Market estimates and forecasts, by component, 2014 - 2024
8.3.7. Japan
8.3.7.1. Market estimates and forecasts, by technology, 2014 - 2024
8.3.7.2. Market estimates and forecasts, by application, 2014 - 2024
8.3.7.3. Market estimates and forecasts, by type, 2014 - 2024
8.3.7.4. Market estimates and forecasts, by component, 2014 - 2024
8.4. Latin America
8.4.1. Market estimates and forecasts, by technology, 2014 - 2024
8.4.2. Market estimates and forecasts, by application, 2014 - 2024
8.4.3. Market estimates and forecasts, by type, 2014 - 2024
8.4.4. Market estimates and forecasts, by component, 2014 - 2024
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8.4.5. Brazil
8.4.5.1. Market estimates and forecasts, by technology, 2014 - 2024
8.4.5.2. Market estimates and forecasts, by application, 2014 - 2024
8.4.5.3. Market estimates and forecasts, by type, 2014 - 2024
8.4.5.4. Market estimates and forecasts, by component, 2014 - 2024
8.4.6. Mexico
8.4.6.1. Market estimates and forecasts, by technology, 2014 - 2024
8.4.6.2. Market estimates and forecasts, by application, 2014 - 2024
8.4.6.3. Market estimates and forecasts, by type, 2014 - 2024
8.4.6.4. Market estimates and forecasts, by component, 2014 - 2024
8.5. Middle East & Africa
8.5.1. Market estimates and forecasts, by technology, 2014 - 2024
8.5.2. Market estimates and forecasts, by application, 2014 - 2024
8.5.3. Market estimates and forecasts, by type, 2014 - 2024
8.5.4. Market estimates and forecasts, by component, 2014 - 2024
Chapter 9. Competitive Landscape
9.1. Adflow Networks
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9.1.1. Revenue Analysis
9.1.2. Technology Benchmarking
9.1.3. Strategic Development
9.2. BrightSign LLC
9.2.1. Revenue Analysis
9.2.2. Technology Benchmarking
9.2.3. Strategic Development
9.3. Cisco Systems Inc.
9.3.1. Revenue Analysis
9.3.2. Technology Benchmarking
9.3.3. Strategic Development
9.4. Intel Corporation
9.4.1. Revenue Analysis
9.4.2. Technology Benchmarking
9.4.3. Strategic Development
9.5. KeyWest Technology Inc.
9.5.1. Revenue Analysis
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9.5.2. Technology Benchmarking
9.5.3. Strategic Development
9.6. LG Electronics
9.6.1. Revenue Analysis
9.6.2. Technology Benchmarking
9.6.3. Strategic Development
9.7. Microsoft Corporation
9.7.1. Revenue Analysis
9.7.2. Technology Benchmarking
9.7.3. Strategic Development
9.8. NEC Display Solutions Ltd.
9.8.1. Revenue Analysis
9.8.2. Technology Benchmarking
9.8.3. Strategic Development
9.9. Omnivex Corporation
9.9.1. Revenue Analysis
9.9.2. Technology Benchmarking
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9.9.3. Strategic Development
9.10. Panasonic Corporation
9.10.1. Revenue Analysis
9.10.2. Technology Benchmarking
9.10.3. Strategic Development
9.11. Samsung Electronics
9.11.1. Revenue Analysis
9.11.2. Technology Benchmarking
9.11.3. Strategic Development
9.12. Scala, Inc.
9.12.1. Revenue Analysis
9.12.2. Technology Benchmarking
9.12.3. Strategic Development
9.13. Winmate Communication Inc.
9.13.1. Revenue Analysis
9.13.2. Technology Benchmarking
9.13.3. Strategic Development
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About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
Web – http://www.grandviewresearch.com/
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The global digital signage market is projected to reach USD 29,939.6 million by 2024, according to a new study by Grand View Research, Inc. Growing demand from end-use industries such as retail and healthcare is expected to drive industry growth over the next eight years. Creating and distributing content via digital signage serves as an effective marketing strategy for enterprises as it has a capability to reach large audience. This is anticipated to spur adoption particularly in the corporate sector. Larger screen sizes such as those over 50-inch displays are anticipated to gain popularity over the forecast period.

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