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Chicago, IL -- (SBWIRE) -- 09/22/2016 -- According to the report, "Global Digital Signage Market, By Product (Kiosks, Menu Boards, Sign Boards, Signboards), Offering (Hardware, Software, Services), Applications (Retail, Education, Corporate, BFSI, Transportation & Logistics, Hospitality & Entertainment, Commercial & Industrial), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America) Forecast - 2014 to 2022", the market for digital signage is expected to witness healthy growth during the forecast period.
The global digital signage market focuses on the growth trends and revenue forecasts for the global industry. The report also analyzes the market share, segmentation, major drivers, and restraints for this market.
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According to the digital signage market report, the global market is set to witness impressive growth during the forecast period. This growth is strongly driven by the strong rise in demand and usage of the OLED-based display technology. Apart from that, the strong rise in demand from the diverse application segments, such as government, healthcare, and media and entertainment are expected to create impressive business opportunities for the key market players. The increasing focus on improving the overall customer experience is one of the strong drivers for this market. The growing issues with standardization and interoperability are also some of the vital growth drivers for the products.
The digital signage market report segments the global market by the types of products, offerings, applications, and geographic regions. The product segments include sign boards, menu boards, and kiosks. The offering segment is sub-categorized into services, software, and hardware. The major application segments of the market include BFSI, retail, corporate, education, industrial, entertainment, hospitality, transportation and logistics, and commercial. The major geographic regions of the market include North America, Latin America, Asia-Pacific, Europe, and the rest of the world.
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The key players highlighted in the digital signage market report include Adflow Networks, LG Display Co., NEC Display Solutions, Omnivex Corporation, Panasonic Corporation, Planar Systems, Sharp Corporation, Sony Corporation, and such others. According to the report, North America will continue to dominate the global market in terms of revenue and market share. Asia-Pacific region, on the other hand, is expected to become the fastest-growing geographic region in this market.
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