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Analyzing the Light-Emitting Diode (LED) Digital Signage Market: Drivers, Restraints and Trends By 2029.
Digital signage, also known as dynamic signage refers to an electronic display that assists in advertising broadcast data, advertises contents, and television programming, among other contents. Light-Emitting Diode Digital Signage Market was valued at USD 35.92 billion in 2021 and is expec
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Light-Emitting Diode (LED) Digital Signage Market" research report comprises of several parameters which are thoroughly studied by the experts. To generate the best market research report, a range of objectives of the marketing research are required to be kept in mind. With this market report it becomes simpler for customers to understand the various drivers and restraints impacting the market during forecast period. Businesses can rely upon this top-notch market report to accomplish an utter success. "Light-Emitting Diode (LED) Digital Signage Market" report helps to provide such market insights by considering all the aspects of current and future market.
Light-Emitting Diode (LED) Digital Signage Market was valued at USD 35.92 billion in 2021 and is expected to reach USD 83.97 billion by 2029, registering a CAGR of 11.20%during the forecast period of 2022-2029.
In the credible "Light-Emitting Diode (LED) Digital Signage Market" report, market segmentation study covers research and analysis which is based on numerous market and industry segments such as application, vertical, deployment model, end user, and geography. Whereas competitive analysis studies of this market report provides ideas about the strategies of key players in the market. Some of the competitor strategies can be mentioned here as new product launches, expansions, agreements, partnerships, joint ventures, and acquisitions. Besides, the market share of major competitors on global level is also studied where key areas such as Europe, North America, Asia Pacific and South America are taken into account in this "Light-Emitting Diode (LED) Digital Signage Market" research report.
Market Definition:
Digital signage, also known as dynamic signage refers to an electronic display that assists in advertising broadcast data, advertises contents, and television programming, among other contents. Digital signs use various technologies including LCD and LED. These dynamic signage find application in both private institutions and public places such as restaurants, retail outlets, and corporate environment.
Some of the major players operating in the light-emitting diode (LED) digital signage market are
Panasonic Corporation (Japan)
LG Display Co., Ltd (South Korea)
HannStar Display Corporation (Taiwan)
AU Optronics Corp. (Taiwan)
Chi Mei Corporation. (Taiwan)
SAMSUNG (South Korea)
SHARP CORPORATION (Japan)
Schneider Electric (France)
Siemens (Germany)
Mitsubishi Electric Corporation (Japan)
SONY INDIA. (India)
FUJITSU (Japan)
Chunghwa Picture Tubes, LTD. (Taiwan)
Barco.(Belgium)
BOE Technology Group Co., Ltd. (China)
Innolux Corporation (Taiwan)
Advantech Co., Ltd (Taiwan)
Light-Emitting Diode (LED) Digital Signage Market Scope and Market Size
The
global light-emitting diode (LED) digital signage market is segmented on the basis of type, component, location, content category, end-user, size, display technology, brightness, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Video Walls
Video Screen
Digital Poster
Kiosks
Others
Component
Location
Content Category
End User
Retail
Hospitality
Entertainment
Stadiums and Playgrounds
Corporate
Banking
Healthcare
Education
Transport
Size
Below 32 Inches
32 To 52 Inches
More Than 52 Inches
Display Technology
2-D Display
Touch Screen
Body Sensor
QR Code via Smartphones
SSI (Smart Screen Device Interaction)
Others
3-D Display
3D Display with Polarized Glasses
Auto Stereoscopy Display
Others
Brightness
Indoor Displays
100 – 200 Nits
200 – 400 Nits
Outdoor Displays
Bright Screens (400 To 700 Nits)
High Brightness Screens (700 To 2000 Nits)
Outdoor Flat Panel Displays (Above 3000 Nits)
Others
Application
Indoor Application
Way-Finding
Education
Employee Communication
Others
Outdoor Application
New Traffic Sign Regulation
Advertising and Promotions
Notification/ Information Display
Sales
Marketing
Others
Light-Emitting Diode (LED) Digital Signage Market Regional Analysis/Insights
The light-emitting diode (LED) digital signage market is analysed and market size insights and trends are provided by country, type, component, location, content category, end-user, size, display technology, brightness, and application as referenced above.
The countries covered in the light-emitting diode (LED) digital signage market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
North America dominates the light-emitting diode (LED) digital signage market because of the presence of dedicated suppliers of the product and rise in demand for signage in the retail industry within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the rise in awareness regarding the benefits of digital signage in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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