Ocean View, Delaware, Jan. 11, 2017 (GLOBE NEWSWIRE) -- Global Digital Signage Market share is set to grow at 5.2% CAGR from 2016 to 2023 impelled by the rising technological advancements and urbanized infrastructure; according to a new research report by Global Market Insights, Inc.
Growing production and distribution of content through digital signage serves as an efficient marketing strategy for enterprises and is predicted to drive the digital signage market over the forecast period. This growth is attributed to the capability of the technology to deliver fast and inexpensive means for advertising in comparison to the print media.
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In addition, these systems provide various benefits for the public-sector firms such as enhancing internal communications and helping people with their usual needs. It aids firms to boost their businesses by offering rapid emergency notifications and ensuring that each customer and user receives the message on time, which will be a driving force for the global digital signage market size.
Outdoor digital displays segment of the digital signage industry offer an accessible and a more appealing experience to users in comparison to conventional static signage. It supports the firm to function and use money effectively. Furthermore, it benefits the firms by helping them to target a specific audience and thereby, enhance user experience.
Content management systems form an integral part of the digital signage market ecosystem and enables users to regulate the content on their displays. Content inventors are those marketing or advertising firms that develop contents such as texts, pictures, graphics, and videos to create an effect on the targeted audience.
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.
Browse key industry insights spread across 100 pages with 43 market data tables & 38 figures & charts from the report, “Digital Signage Market Size By Application (Banking, Corporate, Education, Healthcare, Retail, Transportation), By Display Technology (LCD, LED, Front Projection), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Europe, APAC, South America, MEA), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 - 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/digital-signage-market-report
Key insights from the report include:
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Digital signage market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2012 to 2023, for the following segments:
Digital signage market by application
Digital signage market by display technology
The above information is provided for digital signage market on a regional and country basis for the following:
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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