“Global Digital Signage Market and Forecast 2021-2026”

The global digital signage market is projected to be propelled at a CAGR of 8% during the forecast period 2021-2026

Expert Market Research’s new report, titled “Global Digital Signage Market Report and Forecast 2021-2026′, provides in-depth analysis of global Digital Signage market and assesses the market based on its segments like Component, Type, Technology, Segment, Application and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and examines their impact on the overall market. It also assesses the market dynamics, covers the main demand and price indicators and analyzes the market based on the SWOT and Porter Five Forces models.

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Key highlights of the report include:

Market overview (2021-2026)

• Historical market size (2020): USD 21 billion
• Forecast CAGR (2021-2026): 8%
• Projected market size (2026): USD 33 billion

The growth of the global digital signage market is driven by rapid digitization and increasing demand for effective advertising tools. In addition, the widespread application of electronic displays in various sectors such as retail, hospitality, entertainment, banking, healthcare, education and transportation continues to drive growth. In addition, various technological advances, such as the integration of biometric technology with digital signage products, act as other growth-enhancing factors. Furthermore, the rapid urbanization and development of consumer markets is expected to spur the demand for digital signage market over the forecast period.

Industry definition and main segments

Digital signage are LCD, OLED and LED based digital displays used to display information or advertising to a specific audience using content management software. Digital signage finds its application…