Digital Signage Market Size to Account Major Revenue Via LCD Technology Sector By 2023

 

LCD technology accounted for majority of revenue share in digital signage market owing to declining prices and numerous advantages offered by this technology over alternative including plasma display is predicted to fuel the adoption. Furthermore, OLED segment are expected to witness significant CAGR growth over the period as it supports firm to use money effectively without compromising user appealing experience.

Increasing penetration of flip-chip technique is predicted to propel the digital signage market share. The implementation of the flip-chip ensures improved heat dissipation, minimized LED failure, and improved availability of light angles which result in a favorable digital signage market price trend. The lack of standardization, high initial cost, and awareness about the benefits of the technology may restrain the industry growth.

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Regulatory norms pertaining to marketing techniques in the healthcare sector is also boosting the industry growth. PhRMA (the Pharmaceutical Research and Manufacturers of America) prohibited the use of older marketing methods such as distribution of notepads, clipboards, and branded pens by pharmaceutical companies and emphasized on adoption of 3D technology based signage tool. Digital signage market share in healthcare segment is estimated to exceed USD 850 million by 2023 at a CAGR of 7%.

Asia Pacific digital signage market is anticipated to witness significant growth at a CAGR of nearly 6% over the next seven years. This growth is attributed to the decreasing cost of the display panels accompanied with the rising funding on infrastructure development in the region. In addition, the demand for enhanced visual experience and educational market development may surge the adoption of the technology in the region.

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Key industry participants like Samsung, AUO, Panasonic, Innolux, and LG Corporation contributed towards a major share of Digital signage industry in 2015. Also, the industry expansion will create high growth opportunities for new entrants and SMB’s owing to buyers’ focus shifting towards cost-effective solutions along with a higher ROI (Return on investment).

Some Point from Table of Contents:

Chapter 4    Digital Signage Display Technology Insights

4.1    Digital signage display market share by technology, 2015 & 2023

4.2    LCD

4.2.1    Market estimates and forecasts, 2012 – 2023

4.2.2    Market estimates and forecasts by region, 2012 – 2023

4.3    LED

4.3.1    Market estimates and forecasts, 2012 – 2023

4.3.2    Market estimates and forecasts by region, 2012 – 2023

4.4    Front projection

4.4.1    Market estimates and forecasts, 2012 – 2023

4.4.2    Market estimates and forecasts by region, 2012 – 2023

4.5    Others

4.5.1    Market estimates and forecasts, 2012 – 2023

4.5.2    Market estimates and forecasts by region, 2012 – 2023

Chapter 5    Digital Signage Market Application Insights

5.1    Digital signage market share by application, 2015 & 20235.2    Retail

5.2.1    Market estimates and forecasts, 2012 – 2023

5.2.2    Market estimates and forecasts by region, 2012 – 2023

5.3    Corporate

5.3.1    Market estimates and forecasts, 2012 – 2023

5.3.2    Market estimates and forecasts by region, 2012 – 2023

5.4    Banking

5.4.1    Market estimates and forecasts, 2012 – 2023

5.4.2    Market estimates and forecasts by region, 2012 – 2023

5.5    Healthcare

5.5.1    Market estimates and forecasts, 2012 – 2023

5.5.2    Market estimates and forecasts by region, 2012 – 2023

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