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Digital Signage Market to be Worth of US$34.67 bn by 2022-end as Digital Advertisements Gain Popularity - TMR

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News provided by

Transparency Market Research

11 Jun, 2018, 10:30 GMT

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ALBANY, New York, June 11, 2018 /PRNewswire/ --

The global digital signage market is expected to witness the emergence of several new players in the market over the forthcoming years. The primary reason behind the projected entry of newbie vendors is the huge market gap for digital signage technologies that currently exists across several sectors. However, the sustenance of the new entrants would rely on their expertise and ability to stay relevant in a fast-paced market. Besides this, the efforts of the new entrants as well as the established regional players are expected to be strongly averted by the footholds of the leading players in the market. These leading market players have both, expertise and global reach, which is expected to keep enhancing their prospects of market growth. Furthermore, the ability to make huge-scale investments in new technologies is also projected to play to the advantage of the top market players.

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

The market players in the global market for digital signage technologies are anticipated to remain hooked to mergers, acquisitions, and strategic alliances over the coming years. Besides this, the strategic business moves of the leading market players are expected to intensify the competition in the global market. Some of the leading players in the global market for digital signage are Cisco Systems Inc., Advantec Co. Ltd., Panasonic Corp., NEC Corp., BroadSign International, Samsung Electronics Co. Ltd. Sony Corp., LG Electronics, Sharp Corp., and Omnivex Corp.

Get a PDF brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=123

The researchers at Transparency Market Research (TMR) construe some of the key factors responsible for the growth of the global market for digital signage. The global market is expected to expand at a robust CAGR of 10.0% over the period between 2017 and 2022. The market accumulated total revenues worth US$21.50 bn in 2017 and this figure is expected to elevate to US$34.67 bn by 2022-end.

Request a Sample for Industry Insights https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=123

Ease of Advertisement to Drive Demand for Digital Signage 

The benefits of offered by digital signage technologies to companies looking for effective management of their design collaterals, advertising creatives, and content are commendable. This has been the key reason behind the adoption of digital signage technologies in education, banking, corporate, entertainment, corporate, transportation, and retail sectors. The operational costs of the retail sector could be significantly reduced with the use of digital signage through the use of digital advertisements instead of printed ones. Media Players, media revenue, displays, and network software are some of the key services offered by digital signage. It is anticipated that the global market for digital signage would reap commendable revenues from the transportation industry where there is a pressing need to reduce extrinsic costs.

Download ToC to know more about Digital Signage Market Report: 

https://www.transparencymarketresearch.com/report-toc/123

Dicey Return on Investment to Hamper Market Growth 

Despite the unparalleled utility served by digital signage, the return on investment (ROI) from it still remains a matter of contention. It is argued by a number of experts that digital signage only serves extrinsic utility to the companies and does not provide any benefits on the front of profitability. Moreover, the high initial investment required to deploy digital signage technologies limits its usage to established and well-off companies and ventures only.

The review is based on TMR's report titled, "Digital Signage Market (Offering - Displays, Media Players, Software for Network, Services, and Media Revenue; Display Technology - LCD, PDP, OLED, LED, Front Projection, and Rear Projection; Application - Corporate, Education, Healthcare, Entertainment, Banking, Retail, and Transportation) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2022".

Get Multiple Chapters of this Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=123  

The global digital signage market has been segmented as presented below: 

Global Digital Signage Market by Offering 

  • Displays
  • Media Players, PCs, and Set-up Boxes
  • Software for Network Digital Signage
  • Services
  • Media Revenue

Global Digital Signage Market by Display Technology 

  • LCD
  • PDP
  • OLED
  • LED Video
  • Front Projection
  • Rear Projection

Global Digital Signage Market by Application 

  • Corporate
  • Education
  • Healthcare
  • Entertainment
  • Banking
  • Retail
  • Transportation

Global Digital Signage Market by Region 

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Nordic
  • Japan
  • APEJ
    • China
    • India
    • Malaysia
    • Thailand
    • Singapore
    • Australia
  • MEA
    • GCC Countries
    • South Africa
    • Nigeria
    • Israel

Popular Reports by TMR: 

  • Digital Voice Recorder Market: 

https://www.transparencymarketresearch.com/digital-voice-recorder-market.html

  • System on Chip (SoC) Market: 

https://www.transparencymarketresearch.com/system-on-chip-market-2017-2025.html

About Us 

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision


Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Research Blog: http://www.techyounme.com/

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