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Digital Signage Market Share, Size,Growth, Key Players, Outlook
and Forecasts to 2020 | Hexa Research
“ The digital signage market is predicted to reach revenues worth USD 20.1
billion by 2020.”
26 December 2018
Traditional advertisement has taken a back seat to make way for novel technologies like interactive ads on
mobile phones, websites, and digital billboards. Digital signage systems encompass digital devices that can
display information or content.
The digital signage market is predicted to reach revenues worth USD 20.1 billion by 2020, as per a report by
Hexa Research. It was worth around USD 13.3 billion in 2013. The market will display 6.1% CAGR from 2014
to 2020. Factors like improved user experience, decreasing prices of display panels, and cost -effective
promotion should positively impact the market.
The digital signage market is divided on the basis of technologies, applications, and geographies.
Technologies like LCD, LED, and front projection are expected to propel the market. LCD had lion’s share in
2013, and accounted for more than 50% of the global revenues that year. LED will be adopted in the near
future for saving energy.
Browse Details of Report @ https://www.hexaresearch.com/research-report/digital-signage-industry
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