Thu, 05 Aug 2021

The new report by Expert Market Research titled, 'Global Digital Signage Market Report and Forecast 2021-2026', gives an in-depth analysis of the global digital signage market, assessing 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 studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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The key highlights of the report include:

Market Overview (2021-2026)

  • Historical Market Size (2020): USD 21 Billion
  • Forecast CAGR (2021-2026): 8%
  • Forecast Market Size (2026): USD 33 Billion

The growth of global digital signage market is driven by rapid digitalization, and the increasing demand for effective advertisement tools. Additionally, widespread application of electronic displays in various sectors, such as retail, hospitality, entertainment, banking, healthcare, education, and transport, is push the growth further. Additionally, various technological advancements, such as the integration of biometric technology with digital signage products, are acting as other growth-inducing factors. Moreover, rapid urbanisation and development of hypermarkets are expected to push the demand for digital signage market in the forecast period.

Industry Definition and Major Segments

Digital signage are LCD, OLED, and LED based digital displays, used to display information, or advertisements to target audience using content management software. Digital signage finds its application in various sectors such as retail, entertainment, education, transport, hospitality, corporate, and healthcare.

Read Full Report with Table of Contents -

The market is divided on the basis of component into:

  • Hardware
  • Software
  • Service

The market is categorized on the basis of type into:

  • Kiosks
  • Video Screen
  • Digital Poster
  • Transparent LED Screen
  • Video Walls
  • Others

The market is segregated based on technology into:

  • LCD
  • Projection
  • LED
  • Media Players

In terms of location, the market is segmented into:

  • Outdoor
  • Indoor

The market is segregated on the basis of application into:

  • Entertainment
  • Education
  • Healthcare
  • Transport
  • Hospitality
  • Retail
  • BFSI
  • Others

The regional markets for digital signage include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Regionally, North America and Europe are expected to be the largest shareholder in the global digital signage market. This can be attributed to the presence of key players and rising demand from the retail sector. Meanwhile, Asia Pacific is anticipated to show fast growth owing to the rising awareness for the advantages of digital signage. The developing economies such as, India and China are projected to witness significant growth due to rapid urbanisation and infrastructural development. Further, the expanding application for digital signage in the retail stores, corporate offices, hospitals, and hotels are expected to catalyse the demand. Additionally, inflating disposable income has increased the population in malls and multiplex stores, which in turn aid to the growth.

Key Market Players

The major players in the market are NEC Corporation, LG Electronics, Inc., Samsung Electronics Co. Ltd, Panasonic Corporation, Sony Corporation, Planar Systems, Inc., and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research

Contact Person:-Ian Bell, Business Consultant


Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States


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