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Global $29.6Bn Digital Signage Market by Offering, Product, Application, Vertical and Geography - Forecast to 2024DUBLIN, March 15, 2019 /PRNewswire/ -- The "Digital Signage Market by Offering (Hardware (Displays, Media Players, Projectors), Software, Services), Product, Application, Vertical (Retail, Transportation, Public Places, Sports, Entertainment, Education), & Geography - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering. The digital signage market is expected to grow from USD 20.8 billion in 2019 to USD 29.6 billion by 2024, at a CAGR of 7.3%. Increasing adoption of digital signage products in commercial vertical, growing technological advancements in display products, rising demand for 4K & 8K displays, and increasing infrastructural developments in emerging countries are the major driving factors for the market's growth during the forecast period. However, increasing trends of online/broadcast advertisement would hinder the growth of the digital signage market in the future. The use of digital signage in commercial applications allows businesses to efficiently and effectively reach and interact with customers. Attracting new business opportunities, increasing brand awareness, improving operating efficiency, catching the attention of passersby, promoting new products, and enhancing customer experience are the factors that propel the growth of the digital signage market. Content management software is widely used in the market for the effective management of content to be displayed through a digital signage solution. The estimated growth rate of the digital signage market for software is higher than hardware; hardware devices are not frequently purchased because they have a long operational life. The market for software is growing at a higher pace as software licenses need to be purchased and upgraded at regular intervals. Digital signage displays utilized in retail for display information such as information about store's opening hours and corporate identity, way-finding guidance, in-store advertising, screens near point-of-sale and creating a better atmosphere and enhancing customer experience. Also, growing retail space and the increasing number of retail stores across the world are propelling the growth of the market. Countries such as India, Australia, Singapore, Thailand, and Malaysia are expected to witness the highest growth in the digital signage market. Topics Covered 1 Introduction 5.2.4.1 Developing Robust Equipment Suitable for Harsh Environmental Conditions 6 Industry Trends 6.1 Introduction 6.2 Value Chain Analysis 6.2.1 Research & Development 6.2.2 Product Development & Integration 6.3 Key Trends 6.3.1 Increasing Deployment of Digital Menu Boards in Restaurants 6.3.2 Rising Popularity of Wireless Signage Solutions 6.3.3 Growing Technological Trends in Digital Signage Market 6.3.3.1 Internet of Things (IoT) 6.3.3.2 Artificial Intelligence (AI) 7 Digital Signage Market, By Offering 7.1 Introduction 7.2 Hardware 7.2.1 Displays 7.2.1.1 Displays, By Technology 7.2.1.1.1 LCD Display 7.2.1.1.1.1 LCD Display to Dominate the Display Technology Market With Highest Share During Forecast Period 7.2.1.1.2 OLED Display 7.2.1.1.2.1 OLED Display to Emerge as the Leading Technology Owing to Various Advantages Such as Better Contrast, Clarity, and Low Power Consumption in the Market During Forecast Period 7.2.1.1.3 Direct-View Fine-Pixel Led 7.2.1.1.3.1 Direct-View Fine-Pixel Led Display to Witness Highest CAGR During Forecast Period 7.2.1.1.4 Direct-View Large-Pixel Led 7.2.1.1.4.1 Direct-View Large-Pixel Led Display Expected to Find Major Application in Outdoor Environment 7.2.1.1.5 Others 7.2.1.2 Displays, By Resolution 7.2.1.2.1 8K 7.2.1.2.2 4K 7.2.1.2.3 FHD 7.2.1.2.4 HD 7.2.1.2.5 Lower Than HD 7.2.1.3 Display, By Brightness 7.2.1.3.1 0-500 Nits 7.2.1.3.2 501-1,000 Nits 7.2.1.3.3 1,001-2,000 Nits 7.2.1.3.4 2,001-3,000 Nits 7.2.1.3.5 More Than 3,000 Nits 7.2.2 Media Players 7.2.2.1 Increasing Consumer Engagement With Digital Media is the Major Growth Driver During Forecast Period 7.2.3 Projectors 7.2.3.1 Projectors to Witness High Growth in Retail, Transportation and Public Places and Education Vertical During Forecast Period 7.2.4 Other Hardware Products 7.3 Software 7.3.1 Edge Server Software 7.3.1.1 Edge Server Software to Witness the Significant Growth During Forecast Period 7.3.2 Content Management System 7.3.2.1 Content Management System Software to Witness Highest CAGR in the Market During Forecast Period 7.3.3 Others 7.4 Services 7.4.1 Installation Services 7.4.1.1 Installation Services to Dominate the Services Market With Highest Share During Forecast Period 7.4.2 Maintenance & Support Services 7.4.2.1 Maintenance and Support Services to Witness Highest Growth of Digital Signage Market for Services During Forecast Period 7.4.3 Consulting & Other Services 8 Digital Signage Market, By Product 8.1 Introduction 8.2 Video Wall 8.2.1 Video Wall to Witness Highest Growth for Digital Signage Market During Forecast Period 8.3 Standalone Display 8.3.1 Kiosks 8.3.1.1 Interactive Kiosks 8.3.1.1.1 Major Adoption of Interactive Kiosks is Expected in Retail Vertical During Forecast Period 8.3.1.2 Automated Teller Machine (ATM) 8.3.1.2.1 Banking, Financial Services, and Insurance Vertical to Dominate the Market for Automated Teller Machine During Forecast Period 8.3.1.3 Self-Service Kiosks 8.3.1.3.1 Technological Advancement Propelling the Growth of Self-Service Kiosks During Forecast Period 8.3.1.4 Vending Kiosks 8.3.1.4.1 Retail Vertical to Dominate the Market for Vending Kiosks During Forecast Period 8.3.2 Menu Boards 8.3.2.1 Interactive 8.3.2.1.1 Interactive Menu Board to Witness High Growth in Hospitality Vertical During Forecast Period 8.3.2.2 Non-Interactive 8.3.2.2.1 Rapid Penetration of Non-Interactive Menu Boards in Retail, Transportation, Hospitality, and Sports and Entertainment Vertical Would Be Major Growth Driver During Forecast Period 8.3.3 Billboards 8.3.3.1 Billboards to Witness High Growth in Outdoor Application During Forecast Period 8.3.4 Other Standalone Display 9 Digital Signage Market, By Application 9.1 Introduction 9.2 Indoor 9.2.1 Retail Vertical to Occupy Major Share of Digital Signage Market for Indoor Application During Forecast Period 9.3 Outdoor 9.3.1 Transportation and Public Places to Dominate Digital Signage Market for Outdoor Application During Forecast Period 10 Digital Signage Market, By Vertical 10.1 Introduction 10.2 Commercial 10.2.1 Retail 10.2.1.1 APAC to Witness Highest Growth Rate for Digital Signage Market in Retail During Forecast Period 10.2.2 Corporate and Broadcast 10.2.2.1 North America to Hold Major Share of Digital Signage Market for Corporate and Broadcast Vertical During Forecast Period 10.2.3 Healthcare 10.2.3.1 APAC to Witness Highest Growth Rate for Digital Signage Market in Healthcare Vertical During Forecast Period 10.2.4 Hospitality 10.2.4.1 APAC to Dominate Digital Signage Market, in Terms of Share and CAGR, for Hospitality Vertical During Forecast Period 10.2.5 Government, Command and Control Centers 10.2.5.1 North America to Hold Major Share of Digital Signage Market for Government, Command and Control Centers During Forecast Period 10.3 Infrastructural 10.3.1 Transportation and Public Places 10.3.1.1 APAC to Witness Highest Growth Rate for Digital Signage Market for Transportation and Public Places During Forecast Period 10.3.2 Sports and Entertainment 10.3.2.1 APAC to Dominate Digital Signage Market for Sports and Entertainment Vertical, in Terms of Size and CAGR, During Forecast Period 10.4 Institutional 10.4.1 Banking, Financial Services, and Insurance 10.4.1.1 APAC to Witness Highest Growth Rate for Digital Signage Market in Banking, Financial Services, and Insurance Vertical During Forecast Period 10.4.2 Education 10.4.2.1 North America to Hold Major Share of Digital Signage Market for Education Vertical During Forecast Period 10.5 Industrial 10.5.1 APAC to Dominate Digital Signage Market for Industrial Vertical During Forecast Period 11 Geographic Analysis 11.1 Introduction 11.2 North America 11.2.1 US 11.2.1.1 US to Hold Major Share of Digital Signage Market in North America During Forecast Period 11.2.2 Canada 11.2.2.1 Canada to Witness Highest Growth Rate for Digital Signage Market in North America During Forecast Period 11.2.3 Mexico 11.2.3.1 Mexico to Witness Growth in Digital Signage Market Especially in Retail, Education, Banking, Financial, and Insurance Vertical 11.3 Europe 11.3.1 UK 11.3.1.1 UK to Hold Major Share of Digital Signage Market in Europe During Forecast Period 11.3.2 Germany 11.3.2.1 Germany to Witness Highest Growth Rate for Digital Signage Market in Europe During Forecast Period 11.3.3 France 11.3.3.1 France to Witness Growth in Digital Signage Market Especially in Retail, Hospitality, Transportation and Public Places Vertical During Forecast Period 11.3.4 Spain 11.3.4.1 Sports and Entertainment and Retail Verticals to Be Major Users of Digital Signage in Spain During Forecast Period 11.3.5 Italy 11.3.5.1 Growing Retail Space and Sports and Entertainment Events to Propel the Digital Signage Market Growth in Italy 11.3.6 Rest of Europe 11.3.6.1 Retail, Sports and Entertainment, Transportation and Public Places to Be Major Users of Digital Signage in Rest of Europe During Forecast Period 11.4 APAC 11.4.1 China 11.4.1.1 China to Hold Major Share of Digital Signage Market in APAC During Forecast Period 11.4.2 Japan 11.4.2.1 High Demand for Digital Signage Market in Retail, Healthcare, Hospitality, Sports and Entertainment Vertical is Expected During Forecast Period 11.4.3 South Korea 11.4.3.1 South Korea is A Major Contributor to Digital Signage Market Due to Presence of Major Players 11.4.4 India 11.4.4.1 India to Witness Highest CAGR for Digital Signage Market in APAC During Forecast Period 11.4.5 Australia 11.4.5.1 Digital Signage Market for Retail, Transportation, and Sports and Entertainment Verticals to Witness High Demand During Forecast Period 11.4.6 Rest of APAC 11.4.6.1 Retail, Transportation and Public Places, and Sports and Entertainment to Be Major Users of Digital Signage During Forecast Period 11.5 RoW 11.5.1 Middle East 11.5.1.1 Middle East to Witness Highest CAGR of Digital Signage Market in RoW During Forecast Period 11.5.2 Africa 11.5.2.1 Africa to Witness Significant Demand for Digital Signage Market in Retail and Healthcare During Forecast Period 11.5.3 South America 11.5.3.1 South America to Hold Major Share of Digital Signage Market in RoW During Forecast Period 12 Competitive Landscape 12.1 Overview 12.2 Ranking Analysis of Key Players in Digital Signage Market 12.3 Competitive Leadership Mapping 12.3.1 Visionary Leaders 12.3.2 Dynamic Differentiators 12.3.3 Innovators 12.3.4 Emerging Companies 12.4 Strength of Product Portfolio (25 Companies) 12.5 Business Strategy Excellence (25 Companies) 12.6 Competitive Situations and Trends 12.6.1 Product Launches and Developments 12.6.2 Agreements, Partnerships, Collaborations & Joint Developments 12.6.3 Mergers & Acquisitions 12.6.4 Expansions 13 Company Profiles 13.1 Introduction 13.2 Key Players 13.2.1 Samsung Electronics 13.2.2 LG Electronics 13.2.3 Sharp (Foxconn) 13.2.4 Leyard Optoelectronic (Planar) 13.2.5 NEC Corp. 13.2.6 Sony 13.2.7 Barco 13.2.8 Panasonic 13.2.9 Shanghai Goodview Electronics 13.2.10 AU Optronics 13.3 Other Players 13.3.1 Scala 13.3.2 E Ink Holdings 13.3.3 Benq Group 13.3.4 Intuiface 13.3.5 Daktronics (Adflow Networks) 13.3.6 Christie Digital Systems 13.3.7 Omnivex Corporation 13.3.8 Deepsky Corporation 13.3.9 Delta Electronics 13.3.10 Exceptional 3D For more information about this report visit https://www.researchandmarkets.com/research/t3qr6z/global_29_6bn?w=5 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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