Global Digital Signage Software Market size, Insights, Prospects, Growth Trends

Posted by kelvindbmr on January 29th, 2020

Digital signage software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital signage software market for global, Europe, North America, Asia-Pacific and South America.

Global Digital Signage Software Market is expected to rise from its initial estimated value of USD 5.36 billion in 2018 to a projected value of USD 12.17 billion by 2026, registering a CAGR of 10.79% in the forecast period of 2019-2026. This rise in market value can be attributed to growth in usage and applications of digital signage.

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Major Market Competitors/Players

Scala Digital Signage; Remote Media Group Limited; NEC Display Solutions.; BroadSign International, LLC; Omnivex Corporation; Panasonic Corporation; VXL Software Solutions Private Limited; Planar Systems; NAVORI digital signage software; Cisco; SHARP CORPORATION; SAMSUNG; NoviSign Digital Signage Inc.; FOUR WINDS INTERACTIVE.; ADFLOW Networks. A Daktronics Company; Intuiface; Rise Vision; Acquire Digital; Visix, Inc.; Xtreme Media Pvt. Ltd.; ONELAN Limited; DISE INTERNATIONAL AB; TruKnox Technologies Pvt. Ltd.; YCD Multimedia; l squared capital; Mvix(USA), Inc. are few of the major competitors currently present in the digital signage software market.

Segmentation: Global Digital Signage Software Market

• By Software Type (Edge Server Software, Content Management System, Others)
• By Service (Installation Service, Maintenance & Support Services, Others)
• By Application (Indoor, Outdoor)
• By End-Use Vertical (Commercial, Infrastructural, Institutional, Industrial, Others)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

• Growth in the usage of digital signage and display systems in commercial locations for advertisement and promotional purposes is expected to drive the market growth
• Growth in advancements of technology such as big data, cloud computing increasing the demand for technologically advanced products and solutions

Digital signage software can be defined as the technological solution that is used to incorporate the visual aids with audios or images with videos so that specific advertisements and visual interpretation of these particular images can be created.  The usage of these software also include its usage as an interface between the user and interactive digital signage displays.

Market Restraint:

• Absence of any set regulations and standards regarding the requirements of digital signage; this factor is expected to restrain the market growth

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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