Digital Signage Market - Size, Share, Trends, Research Report, 2023 Digital Signage Market - Size, Share by 2023 | Page 2
Browse key industry insights spread across 80 Pages with 43 market data tables & 38 figures
from the report, “Digital Signage Market Size By Application (Banking, Corporate,
Education, Healthcare, Retail, Transportation), By Display Technology (LCD, LED, Front
Projection), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Europe,
APAC, South America, MEA), Application Potential, Price Trends, Competitive Market
Share & Forecast, 2016 - 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/digital-signage-market
Key insights of Digital Signage Market:
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Global digital signage display market size was USD 6.07 billion in 2015, with
revenue expected to hit USD 9.3 billion by 2023, at 5.5% CAGR from 2016 to
2023.
Asia Pacific digital signage market share is forecast to grow at 6.5% CAGR
from 2016 to 2023. Developments in the government and educational sector
along with enhanced user experience, infrastructure development, and
decreasing display panel prices are forecast to propel growth.
Organizational use cases include navigation, communication, point of sale
(POS), point of transit (POT), promotion and advertising, and infotainment.
Increased demand in healthcare services has contributed substantially
towards technology implementation. Current healthcare IT trends include
deployment of EMR (electronic medical records). The segment is forecast to
surpass USD 850 million by 2023, with 7% CAGR estimations from 2016 to
2023.
LED is the most attractive product segment, and is anticipated to gain share
over the forecast timeframe. This can be attributed to high efficiency, low
power consumption, and decreasing cost.
Expected competition between specialized vendors and new entrants is
forecast to result in product innovation for achieving differentiation. Solution