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The global smart LED indoor signage market is expected to generate revenues of approximately $2 billion by 2023LONDON, Oct. 11, 2018 /PRNewswire/ -- The global smart LED indoor signage market is expected to generate revenues of approximately $2 billion by 2023, growing at a CAGR of more than 24% during 2017-2023. Market Segmentation by Screen Size • Less Than 32'' • 32-35'' • 55''+ Market Segmentation by End-User Type • Retail • Corporate • Public • Sports • Others Smart LED Indoor Signage Market – Geography The global indoor LED signage market by geography categorized into APAC, Europe, North America, Latin America, and MEA. APAC is the fastest growing region in the market, at a CAGR of around 28% during the forecast period. The exponential growth of the service industry, growing number of SMEs, increase in duty-free retailing, and rapid infrastructural development are some of the major factors attributing to the growth of the APAC region in the global indoor LED signage market. North America dominated more than 2/4th of the market share in 2017, growing at a CAGR of more than 19% during the forecast. The increasing investment on upgrades of the existing infrastructure is propelling the growth of North America. Market Segmentation by Geography • North America o US o Canada • Europe o UK o Germany o France • APAC o China o Japan o South Korea • Latin America • MEA Key Vendor Analysis The global smart LED indoor signage market is highly concentrated, and the major players contribute to the level of competition. The top vendors in the global market are competing regarding sales, revenues, and innovative portfolio. The leading companies are offering competitive prices and integrated services to sustain the competition in the global market. Various vendors are entering into a multi-year arrangement that offers services that include the supply of displays, price, and supply analytics, POS hardware, and software to gain a larger global market share. The expansion to various emerging regions will help players boost their revenues in the global smart LED indoor signage market. The major vendors in the global smart LED indoor signage market are: • Samsung • LG Electronics • Sharp • Panasonic Corporation • Philips Other prominent vendors in the smart LED indoor signage market include NEC Display, Vestel, BenQ, IAdea, Toshiba, MetroPlusAds, Grandwell smart display solutions, Firstouch solutions, INK Drops, and Tecnon Smart Display. Key market insights include 1. The analysis of global smart LED indoor signage provides market size and growth rate for the forecast period 2018-2023. 2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global smart LED indoor signage. 3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities. 4. It offers a complete overview of market segments and the regional outlook of the global smart LED indoor signage. 5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage. Download the full report: https://www.reportbuyer.com/product/5587786 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-smart-led-indoor-signage-market-is-expected-to-generate-revenues-of-approximately-2-billion-by-2023-300729905.html SOURCE ReportBuyer |