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Digital Signage Market Share

Report ID: GMI392
Published Date: Aug 2024
Report Format: PDF

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Digital Signage Market Share

Key market players in the digital signage industry are focusing on strategic partnerships, technological innovation, and geographic expansion to strengthen their market position. Companies are increasingly collaborating with technology providers to integrate advanced features such as AI, IoT, and cloud-based content management systems into their digital signage solutions, enhancing functionality and customer engagement. Additionally, there is a strong emphasis on expanding product portfolios to cater to diverse industries, including retail, healthcare, and transportation. Market leaders are also investing in regional expansion, particularly in emerging markets, to capitalize on growing demand. By leveraging these strategies, key players aim to differentiate themselves in a competitive landscape, ensuring sustained growth and market leadership.

Some of the other major players in the market are Cisco Systems, BrightSign LLC, Scala, Inc., Navori Labs, Daktronics, Visix, Inc.

Digital Signage Market Companies

Major players operating in the digital signage industry are:

Samsung Electronics
LG Electronics
NEC Corporation
Sony Corporation
Sharp Corporation
Panasonic Corporation

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for digital signage was USD 20.5 billion in 2023 and is anticipated to grow at over 7.5% CAGR between 2024 and 2032 led by innovations to offer superior color accuracy, contrast ratios, and thinner profiles

The retail application segment in the digital signage market is expected to exceed USD 13.2 billion by 2032 as it enhances customer engagement and drives sales by displaying targeted promotions and interactive content.

North America industry held over 38% share in 2023 driven by the presence of key industry players and the high demand for advanced advertising solutions.

Samsung Electronics, LG Electronics, NEC Corporation, Sony Corporation, Sharp Corporation, Panasonic Corporation, Cisco Systems, BrightSign LLC, Scala, Inc., Navori Labs, Daktronics, and Visix, Inc.