Digital Signage Software Market – Global Industry Analysis and Forecasts (2022-2029)

Digital Signage Software Market was valued at US$ 8.7 Bn. in 2021. Digital Signage Software Market size is estimated to grow at a CAGR of 15.5 % over the forecast period.

Digital Signage Software Market Overview:

Digital signage, also known as dynamic signage refers to an electronic display that assists in advertising broadcast data, advertises content, and television programming, among other contents. Digital signs use various technologies including LCD and LED. This dynamic signage finds application in both private institutions and public places such as restaurants, retail outlets, and corporate environments.Digital Signage Software MarketTo know about the Research Methodology:-Request Free Sample Report Further, the Digital Signage Software Market is segmented by Type, Component, Technology Application, and geography. Based on Product Type, the Digital Signage Software Market is segmented under Breakdown Type, and Non- Breakdown type. Based on the Insulator type, the Digital Signage Software Market is segmented under the Pin Insulator, Round Insulator, Disc insulator, and others. Based on the Application, the Digital Signage Software Market is segmented into Low Voltage Line, High Voltage lines, Power Plants, Substations, and Others. By geography, the market covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Digital Signage Software Market Dynamics:

The rise in the demand for the Digitized Promotion and the 4K Digitized Sign Displays. The increase in demand for the digitized promotion of products and services for appealing to the attention of the target consumers acts as one of the major factors driving the growth of the digital signage software market. There is a significant increase in demand for the digitized promotion of products and services to attract the attention of the target audience acts as one of the major factors driving the growth of the digital signage software market. The rise of innovative products, such as leak detector systems, home monitoring systems, and complicated monetary products more influence the market. Also, the rise in demand for digital signage in the public and commercial sectors assists in the expansion of the market. Additionally, rapid urbanization, change in lifestyle, the surge in investments, and increased consumer spending positively impact the digital signage software market. Also, the adoption of cloud-based digital signage solutions by businesses during COVID-19 extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, the rise in demand for smart digital signage triggered by the spread of COVID-19 will further expand the market. These are creating an upcoming opportunity for the growing Digital Signage Software Market through the forecast period. Rising adoption of digital signage products in commercial vertical to fuel the growth: Retailers can generate an elevating shopping environment by implementing a market to entice information-driven consumers to pause, look, and purchase products and services. With the help of digital signage, retailers can project images and videos to showcase products and capture viewer interest, as well as they can arrange displays and compose content to create an artistic and dynamic atmosphere. Owing to growing digitization, consumers increasingly depend on online content to find information, get deals, discover new ideas, and become inspired before making a purchase. Giving to the Cisco IBSG study, over 40 percent of shoppers say that digital displays, such as video walls, can change what they buy. By using digital signage to provide relevant information to an audience near the point of purchase, retailers have generated higher brand awareness and sales uplift. These factors are creating an upsurge in the opportunities of the Digital Signage Software market through the forecast period.

Digital Signage Software Market Trends:

The digital display helps to build a connection between the person or organization displaying the content and the person reading the content. Because of the improved elasticity of the hardware and software, the adoption of digital signage is gaining pace. Digital display hardware has become more affordable in recent years. Hence, organizations are making substantial investments in digital signage solutions. This factor is likely to drive the digital signage market. Retailers today leverage digital signage to create an enhanced shopping experience, resulting in high sales. They make considerable investments in the infrastructure of retail stores to reap the benefits of digitization. Digital signage enables retailers to afford personalized offerings, theme-based digitally enhanced experience stores, and other advanced services.

Digital Signage Software Market Segment Analysis:

By Type, the Digital Signage market is segmented into video walls, video screens, transparent LED screens, digital posters, kiosks, and others. The video walls segment has dominated the largest market share accounting for xx% in 2021 and is expected to grow at a CAGR of 3.8% during the forecast period. Video walls have captured a major market share across shopping malls and other public places. However, the kiosks segment is estimated to account for the maximum revenue share by 2030 becoming the largest type segment in the global market. Kiosks are generally used to provide information and for advertising in institutes and retail verticals. Capable of offering a transparency level beyond 80% coupled with high resolution. In addition, they are adequately efficient, in terms of energy, thus, reducing energy consumption and optimizing the overhead expenditure of users. All these factors are anticipated to catapult the demand for the growth of the Video wall segment through the forecast period. By Component, the Digital Signage market is segmented into Hardware, Software, and Service. The Hardware segment dominated the largest market share accounting for xx% in 2021 and is expected to grow at a CAGR of 3.8% during the forecast period. Hardware components consist of displays, components required to manufacture a digital panel, banners, and so on. Compared to software, the hardware requirement is huge, and thus, the segment accounts for a large share of the industry. The growing number of innovative display technologies, such as 1080p, 4K, and 8K display, is expected to propel the demand for hardware components in the coming years. Advancement in 3D technology has developed glasses-free 3D displays. Such displays are used in the product. These factors are rising the growth of the Hardware segment through the forecast period. Digital Signage Software Market1

Digital Signage Software Market Regional Insights:

North America emerged as the dominant regional market share accounting for 3.18% in 2021. The high share is accredited to the growing occurrence of dedicated suppliers of the product along with the rising demand for signage in the retail industry. The U.K., Germany, and the U.S., in particular, are projected to exhibit considerable growth primarily due to the rising R&D activities by companies to enhance product quality and growing government initiatives to install digital signage software at various offices for maintaining continuous information flow systems. Asia Pacific region is expected to witness significant growth at a CAGR of 3.6% through the forecast period. As the fastest-growing regional market over the forecast period. The growth can be attributed to the growing awareness regarding the benefits of digital signage. India and China are witnessing significant growth primarily because of the rising application in retail stores, corporate offices, hospitals, and hotels. Increasing disposable income has surged the visitors to the malls and multiplex stores in the emerging countries of Asia Pacific. Enterprise is therefore this opportunity to promote their offerings through large displays, which helps them attract the targeted audience in a better manner. With the rising number of shopping malls and multiplexes, the adoption of digital signage in the hospitality industry is expected to increase over the forecast period. The objective of the report is to present a comprehensive analysis of the global Digital Signage Software Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers. The reports also help in understanding the Digital Signage Software Market dynamic and structure by analyzing the market segments and projecting the Digital Signage Software Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Digital Signage Software Market make the report investor’s guide.

Digital Signage Software Market Scope: Inquire before buying

Global Digital Signage Software Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 8.7 Bn.
Forecast Period 2022 to 2029 CAGR: 15.5% Market Size in 2029: US $ 27.55 Bn.
Segments Covered: by Type • Video Walls • Video Screen • Transparent LED Screen • Digital Poster • Kiosks • Others
by Component • Hardware • Software • Service
by Digital Signage Technology • LCD • LED • Projection
by Location • In-store • Out-store
by Content Category • Broadcast • Non- Broadcast
by Screen Size • Below 32 Inches • 32 to 52 Inches • More than 52 Inches
by Application • Retail • Hospitality • Entertainment • Stadiums & Playgrounds • Corporate • Banking • Healthcare • Education • Transportation

Digital Signage Software Market by Region:

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Digital Signage Software Market Key Players:

Panasonic Corporation • LG Display Co., Ltd • HannStar Display Corporation • AU Optronics Corp. • Chi Mei Corporation. • SAMSUNG • SHARP CORPORATION • Schneider Electric • Siemens • Mitsubishi Electric Corporation • SONY INDIA. • FUJITSU • Chunghwa Picture Tubes, LTD. • Barco. • BOE Technology Group Co., Ltd. • Innolux Corporation • Advantech Co., Ltd Frequently Asked Questions: 1] What segments are covered in the Digital Signage Software Market report? Ans. The segments covered in the Digital Signage Software Market report are based on Type, Component, Digital Signage Technology, Location, Content Category, Screen Size and Application. 2] Which region is expected to hold the highest share in the Digital Signage Software Market? Ans. The North American region is expected to hold the highest share in the Digital Signage Software Market. 3] What is the market size of the Digital Signage Software Market by 2029? Ans. The market size of the Digital Signage Software Market by 2029 is US$ 27.55 Bn. 4] What is the forecast period for the Digital Signage Software Market? Ans. The Forecast period for the Digital Signage Software Market is 2022-2029. 5] What was the market size of the Digital Signage Software Market in 2021? Ans. The market size of the Digital Signage Software Market in 2021 was US$ 8.7 Bn
1. Global Digital Signage Software Market Size: Research Methodology 2. Global Digital Signage Software Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global DIGITAL SIGNAGE SOFTWARE Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Digital Signage Software Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Digital Signage Software Market Size Segmentation 4.1. Global Digital Signage Software Market Size, by Types (2021-2029) • Video Walls • Video Screen • Transparent LED Screen • Digital Poster • Kiosks • Others 4.2. Global Digital Signage Software Market Size, by Component (2021-2029) • Hardware • Software • Service 4.3. Global Digital Signage Software Market Size by Digital Signage Technology (2021-2029) • LCD • LED • Projection 4.4. Global Digital Signage Software Market Size by Location (2021-2029) • In-store • Out-store 4.5. Global Digital Signage Software Market Size by Content Category (2021-2029) • Broadcast • Non- Broadcast 4.6. Global Digital Signage Software Market Size by Screen Size (2021-2029) • Below 32 Inches • 32 to 52 Inches • More than 52 Inches 4.7. Global Digital Signage Software Market Size by Application (2021-2029) • Retail • Hospitality • Entertainment • Stadiums & Playgrounds • Corporate • Banking • Healthcare • Education • Transportation 5. North America Digital Signage Software Market (2021-2029) 5.1. North America Digital Signage Software Market Size, by Types (2021-2029) • Video Walls • Video Screen • Transparent LED Screen • Digital Poster • Kiosks • Others 5.2. North America Digital Signage Software Market Size by Component (2021-2029) • Hardware • Software • Service 5.3. North America Digital Signage Software Market Size by Digital Signage Technology (2021-2029) • LCD • LED • Projection 5.4. North America Digital Signage Software Market Size by Location (2021-2029) • In-store • Out-store 5.5. North America Digital Signage Software Market Size by Content Category (2021-2029) • Broadcast • Non- Broadcast 5.6. North America Digital Signage Software Market Size by Screen Size (2021-2029) • Below 32 Inches • 32 to 52 Inches • More than 52 Inches 5.7. North America Digital Signage Software Market Size by Application (2021-2029) • Retail • Hospitality • Entertainment • Stadiums & Playgrounds • Corporate • Banking • Healthcare • Education • Transportation 5.8. North America Digital Signage Software Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Digital Signage Software Market (2021-2029) 6.1. European Digital Signage Software Market, By Types (2021-2029) 6.2. European Digital Signage Software Market, By Application (2021-2029) 6.3. European Digital Signage Software Market, By Country (2021-2029) • Uk • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Digital Signage Software Market (2021-2029) 7.1. Asia Pacific Digital Signage Software Market, By Types (2021-2029) 7.2. Asia Pacific Digital Signage Software Market, By Component (2021-2029) 7.3. Asia Pacific Digital Signage Software Market, By Digital Signage Technology (2021-2029) 7.4. Asia Pacific Digital Signage Software Market, By Location (2021-2029) 7.5. Asia Pacific Digital Signage Software Market, By Content Category (2021-2029) 7.6. Asia Pacific Digital Signage Software Market, By Screen Size (2021-2029) 7.7. Asia Pacific Digital Signage Software Market, By Application (2021-2029) 7.8. Asia Pacific Digital Signage Software Market, By Country (2021-2029) • China • India • Japan • South Korea • Australia • Asean • Rest Of Apac 8. The Middle East And Africa Digital Signage Software Market (2021-20the 27) 8.1. The Middle East And Africa Digital Signage Software Market, By Types (2021-2029) 8.2. The Middle East And Africa Digital Signage Software Market, By Component(2021-2029) 8.3. The Middle East And Africa Digital Signage Software Market, By Digital Signage Technology (2021-2029) 8.4. The Middle East And Africa Digital Signage Software Market, By Location(2021-2029) 8.5. The Middle East And Africa Digital Signage Software Market, By Content Category (2021-2029) 8.6. The Middle East And Africa Digital Signage Software Market, By Screen Size(2021-2029) 8.7. The Middle East And Africa Digital Signage Software Market, By Application (2021-2029) 8.8. The Middle East And Africa Digital Signage Software Market, By Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Digital Signage Software Market (2021-2029) 9.1. South America Digital Signage Software Market, By Types (2021-2029) 9.2. South America Digital Signage Software Market, By Component (2021-2029) 9.3. South America Digital Signage Software Market, By Digital Signage Technology (2021-2029) 9.4. South America Digital Signage Software Market, By Location (2021-2029) 9.5. South America Digital Signage Software Market, By Content Category (2021-2029) 9.6. South America Digital Signage Software Market, By Screen Size (2021-2029) 9.7. South America Digital Signage Software Market, By Application (2021-2029) 9.8. South America Digital Signage Software Market, By Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Panasonic Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. LG Display Co., Ltd 10.3. HannStar Display Corporation 10.4. AU Optronics Corp. 10.5. Chi Mei Corporation. 10.6. SAMSUNG 10.7. SHARP CORPORATION 10.8. Schneider Electric 10.9. Siemens 10.10. Mitsubishi Electric Corporation 10.11. SONY INDIA. 10.12. FUJITSU 10.13. Chunghwa Picture Tubes, LTD. 10.14. Barco. 10.15. BOE Technology Group Co., Ltd. 10.16. Innolux Corporation 10.17. Advantech Co., Ltd

About This Report

Report ID 15459
Category Information Technology & Telecommunication
Published Date Jan 2023
Updated Date
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