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    August 12, 2019 11:53 AM EEST

    Digital Signage Market to Expand with a CAGR of 10.0% due to Increasing Adoption in Numerous verticals Robert Woods Jersey , Globally

    by srsuri · January 29, 2019

    A digital signage can come across as a standalone device or a part of network containing hundreds or thousands of digital signs. It could be centrally managed or have a one-by-one management. Whatever the type of digital signage is, the core components that form a digital signage system include: a display, content management software, content and network.

    Display types such as LCD, plasma and other varieties of flat panel screens, increasingly with touch screen and mobile device interactivity capabilities are commonly used for digital signage systems. Content in digital signage systems is managed with the help of sophisticated digital media players that are capable of managing video graphics Jared Goff Jersey , web feeds, images, text and other forms of content. For sourcing real-life data into digital signs or having a central control over the content being displayed, a wired or wireless network such as WAN or LAN is required. The increased preference to digital advertisement modes has led to a vast rise in uptake of digital signages in the past few years and the trend is likely to remain strong in the next few years as well.

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    According to the report, the global digital signage market will embark upon a promising growth path in the near future, expanding at a lucrative 10% CAGR from 2017 and 2022, rising to a revenue valuation of US$34.67 bn by 2022.
    digital signage market

    Some of the leading applications of digital signage are found in area such as healthcare Cooper Kupp Jersey , corporate, education, banking, entertainment, retail, and transportation. Of these, the retail industry is presently the leading contributor of revenue to the global digital signage market owing to the high usage of these products for purposes such as digital advertisement Gerald Everett Jersey , customer engagement, and display of data related to new products and discount schemes, etc. The demand for digital signage is also high across the transportation and BFSI sectors and is expected to make up for a large share of the overall market by the end of the forecast period.

    Based on product type, the report segments the global digital signage market into media players, displays, software for network, medial revenue Todd Gurley II Jersey , and services. Of these, the segments of media players and displays account for the dominant share in the overall market. Over the forecast period, the trend is likely to remain strong. Based on display technology, the report segments the global digital signage market into PDP, LCD, LED, OLED Aaron Donald Jersey , rear projection, and front projection.

    Based on geography, the report segments the global digital signage market into Latin America, Europe, North America, Asia Pacific excluding Japan, Middle East and Africa Eric Dickerson Jersey , and Japan. Owing to the presence of a highly evolved technology infrastructure, the rising numbers of players developing products for industrial applications, and the increased uptake of digital displays in the BFSI and retail sectors all contribute to the promising growth prospects of the regional market. The regional market is expected to exhibit an impressive 11.1% CAGR from 2017 to 2022 and retain its dominant position.

    The Asia Pacific market is also among one of the leading contributors of revenue opportunities to the global digital signage market, thanks to the impressive growth of the modern retail sector. Increased demand for technologically advanced products is also expected to work well for the regional market over the report鈥檚 forecast period. The market in Europe will benefit from high funds allotted by governments for the installation of digital signage in government offices so as to maintain a consistent flow of data.

    According to the report, the vendor landscape of the global digital signage market is highly concentrated owing to a large number of local as well as international vendors. Some of the leading companies competing in the market are BroadSign International, Panasonic Corp., NEC Corp. Cheap Rams Hats , Sony Corp., Cisco Systems Inc., Advantec Co. Ltd., LG Electronics, Omnivex Corp., Sharp Corp., and Samsung Electronics Co. Ltd. Thermocell Improve skin health Without Any negative Effect!

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