Press Release

Digital Signage to be worth $37.40 Billion by 2026

September, 2020

" COVID-19 impact Digital Signage market, size, share, growth, and forecast 2020-2026 "

Digital Signage, which is also called dynamic signage, displays visual information by utilizing technologies such as LED, LCD, a plasma display, projectors, etc. Rapid digitalization has led to its use being multifold. They can be easily found in public spaces such as offices, airports, schools, train and bus stations, banks, etc. These are used to catch the attention of a niche audience for a variety of reasons such as to boost sales for a product, to advertising, marketing, guiding tourists, forecasting live information such as news, weather, etc. These are centrally controlled, and the world is witnessing a rise in demand for these display panels. 

Digital Signage is the future of this world. It is one of the integral parts of globalization. The commercial vertical is the major user of this technology and is expected to be a dominant sphere in the forecast period.  The major factors that propel its growth are increasing the use of digital signage products, growing urbanization, and increasing demand in retail, among others.

North America is expected to dominate the digital signage market over the forecast period because of the presence of the most advanced technology. The Asia-Pacific is also one of the emerging markets for digital signage due to various developmental and commercial activities. Although there has been some adverse effect of COVID-19 for manufacturing operations, this market is still very likely to get a boom in the future.

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The report titled “Digital Signage Market: By Components, By Product, By Application, By Vertical, and Geography - Forecast to 2026” succinctly captures the emerging opportunities and challenges in this market by carefully analyzing the market share, size, and trend. Various quantitative and qualitative research tools have been used to get a holistic understanding of this market.

Some of the key players of this market are- Samsung Electronics, LG Electronics, Sharp, Leyard Optoelectronic, NEC Corp, Sony, BARCO, Panasonic, Shanghai Goodview Electronics, and AU Optronics.

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The scope of the Digital Signage Market is defined in the market analysis as follows:

Based on Components

    • Hardware
    • Software
    • Services

Based on Product

    • Kiosks
    • Billboards
    • Menu Boards
    • Signboards
    • Others

Based on Application

    • Commercial
    • Infrastructural
    • Institutional
    • Others

Based on Geography:

    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication