US Digital Signage Market Trends, Size, Forecast - 2019-2025


Posted July 24, 2020 by pooja1919

The US digital signage market is estimated to grow at a CAGR of 7.7% during the forecast period to reach $10.2 billion in 2025 from $6.1 billion in 2018.

 
The US digital signage market is estimated to grow at a CAGR of 7.7% during the forecast period to reach $10.2 billion in 2025 from $6.1 billion in 2018. The major driving factors in the substantial growth of the digital signage market are the rapid adoption of AI, machine learning, and extensive use of IP-based devices. Digital signage finds significant applications in a number of public facilities were relaying information in a structured method and in real-time which is of utmost importance. Facilities such as airports, banking facilities, railway stations, healthcare, and retail shops are some of the areas, wherein the presence of digital signage can deliver the information without any need for human interference.

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Moreover, some other factors that contribute to this remarkable market value are the presence of major digital signage providers Samsung Electronics Co., Ltd., Daktronics, Inc., Intel Corp., Sony Corp., LG Electronics Inc. and the advent of new technologies, including organic light-emitting diode (OLED) and electronic paper display EPD in the country. The companies in the US are focusing on enhancing the buying experience by analyzing the interest of buyers. In the US, digital signage has been significantly applied in various industries such as retail, transportation, hospitality, and entertainment, among others. The retail industry is growing significantly in the country which creates enormous opportunities for digital signage.

A full report of US Digital Signage Market Is available at : https://www.omrglobal.com/industry-reports/us-digital-signage-market

US Digital Signage Market Segmentation

By Component Type

Hardware

Software

By Product

Standalone Display

Video Wall

By Application

Commercial

Industrial

Infrastructural

Others (Institutional)

Company Profiles

22 Miles, Inc.

ACRELEC Group

AOPEN Inc.

AU Optronics Corp.

Barco NV

Benq Corp.

BrightSign, LLC

Christie Digital Systems USA, Inc.

Coates Group Pty Ltd.

Daktronics, Inc.

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated July 24, 2020