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Digital Signage Market by Hardware, Software will worth $14.87 Billion by 2020

According to a new market research report "Digital Signage Market by Hardware, Software (Edge Server, Distribution & Scheduling, Content Management), Application (Commercial, Infrastructure, Institutions, Industrial), Products (Indoor & Outdoor) & by Geography - Forecast to 2014 - 2020", the total market is expected to reach $14,875.6 million by 2020 at an estimated CAGR of 8.94% from 2014 to 2020.

Browse more than 80 market data tables with 49 figures spread through 219 pages and in-depth TOC on "Digital Signage Market”.

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Digital signage is one of the most promising and upcoming media in the field of information and advertising network. It is also known as narrowcasting or electronic signage. Technological innovations such as touch screen technology, near field communication technologies, and such others have created opportunities for digital signage market. Its market is wholly and solely dependent on the end-results when it is viewed by individuals at different places and locations. Its visibility and user-friendly feature easily catches the interest of people in comparison with the printed media formats which require high investments and more time.

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It is segmented across hardware, software, product, application, and geography. It is used in more than five components and there are four major display technologies for digital signage - LED, LCD, Plasma, and Projectors. Corporate, retail sector, indoor venues, transportation, and government are the main applications for digital signage systems.

Digital Signage market is diversified into a large number of segments. Even the largest market share of digital signage is in North America and Europe, but it has a large scope in the APAC region, of which China and India will be taking the lead in the near future. The emerging markets such as African and Arab countries will also seek the positive growth.

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Major players in digital signage market include but are not limited to: ADFLOW Networks (Canada), Cisco System Inc. (U.S.), Hewlett-Packard Company (U.S.), Keywest technology (Samsung Corporation (South Korea), NEC Display Solutions Ltd (South Korea), BrightSign LLC (U.S.), Polk Audio (U.S.), Onelan Ltd (U.K.), Panasonic Corporation (Japan), Winmate Communication Inc (Taiwan), and Scala Inc. (U.S.) among others.

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