(PRWEB) February 09, 2014
According to a new market research report, “Global Digital Signage, Dynamic Signage, Electronic Signage, Narrowcasting Market by Components (Hardware & Software)/Applications (Indoor, Retail, Transportation, Institutions)/ Displays (LED, Plasma, LCD, Projectors & LED Walls) & Geography (2011 - 2016)”, the total market is expected to reach $13.2 billion by 2016 at an estimated CAGR of 27.29% from 2011 to 2016.
Browse through 65 and more tables, the profiles of leading players and the in-depth TOC on “Global Digital Signage Market”.
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The global digital signage market generated around $3.95 billion in 2011 and is expected to generate $13.2 billion by 2016 at a CAGR of 27.29%.
Digital Signage market is diversified into 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.
Including hardware, software is also one of the major growing markets of digital signage. Fall in the prices of the displays and increasing applications of the DOOH (Digital out Of Home) have increased the scope of the overall GPS market. Increase in demand for more integrated features in the digital signage system by the customers has also increased the scope of digital signage software market.
The major players operating in the global digital signage market are NEC Display Solutions (U.S.), Sony (Japan), LG Electronics (South Korea), Samsung Electronics (South Korea), Mitsubishi Electric (Japan), Sharp (Japan), Adflow Networks (Canada), Omnivex Corporation (Canada), Dynamax Technologies (U.K.), Cisco (U.S.), Scala Inc. (U.S.), UTStarcom Incorporated (China), PRN Corporation (U.S.), Nanonation Inc. (U.S.), and Keywest Technology (U.S.).
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