From Dull to Dazzling: Micro-LED & 4K Ignite the Digital Signage Industry

The digital signage market is projected to reach a value of USD 26.1 billion by 2028, reflecting a steady growth rate of 6.9% from 2023. This surge is attributed to several key factors:

Increased adoption across various sectors: Businesses in both commercial and infrastructural applications are increasingly recognizing the benefits of digital signage. This includes retail stores using displays to enhance customer experience and public spaces leveraging them for informational purposes.
Demand for high-resolution displays: The market is witnessing a growing preference for 4K and 8K displays, offering sharper visuals and a more impactful experience for viewers.
Advancements in display technology: The rise of micro-LED and direct-view LED displays is driving market growth. These technologies offer superior brightness, contrast, and viewing angles compared to traditional options.

Hardware to Remain Dominant Segment

Digital signage hardware, encompassing displays, media players, projectors, and mounting solutions, is anticipated to maintain the leading market share throughout the forecast period. The increasing popularity of micro-LED and direct-view LED displays is a significant contributor to this trend.

Downlod PDF Brochure — https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=513

Video Walls Witness Fastest Growth

Video walls, which combine multiple display tiles to create large, immersive viewing experiences, are expected to register the highest Compound Annual Growth Rate (CAGR) within the digital signage market. This growth is fueled by declining display prices, making video walls more accessible, and advancements leading to thinner bezels and high-resolution visuals on larger screens.

Asia Pacific Takes the Lead

The Asia Pacific region is poised to witness the fastest growth in the digital signage market. This can be attributed to several factors:

Established display panel and device manufacturers in the region like Samsung and LG
Rapid urbanization and increasing digitization efforts
Growing commercialization of 5G technology
Availability of a skilled and cost-effective workforce
Government investments and advancements in infrastructure and retail applications

Key Players in the Market

The report identifies prominent players in the digital signage market, including Samsung, LG, Sharp NEC Display Solutions, Leyard Optoelectronic, Sony, Barco, Panasonic, Shanghai Goodview Electronics Technology, AUO Corporation, and BrightSign.

Capitalize on Growth Opportunities

The digital signage market presents significant business potential. By understanding the market trends and insights offered by analyst reports, companies can develop effective strategies to capture a share of this growing market.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines — TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies — helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1–888–600–6441