Europe Digital Signage Market By Location (Out-Store, In-Store), Technology (LCD, LED, Projection), Type (Video Walls and Screen, Kiosks, Digital Posters, Others), Component (Hardware, Software, Services), Size (Below 32 Inches, 32 to 52 Inches, More than 52 Inches), End User (Retail and Corporate, Hospitality and Entertainment, Infrastructural, Institutional)

Report Id: KBV-2419 Publication Date: May-2019 Number of Pages: 157

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Analysis of Market Size & Trends

The Europe Digital Signage Market would witness market growth of 7.8% CAGR during the forecast period (2018 - 2024). The digital signage technology is used in department stores, libraries, schools, office buildings, medical facilities, train and bus stations, airports, banks, auto dealerships and other public venues. If the display is connected with a computer, the data displayed on the screen can be updated in real time with the help of an Internet or proprietary network connection. Data transmission and storage is streamlined by compression to reduce the file size. The system can utilize multiple screens when an extra-large display is desired.

Digital Signage is among the major contributors of this massive advertisement spending. As the advertisement market expands, the digital signage market proliferates in this region. Touchscreen technologies and near field communications are providing a boost to this market. These assist in saving costs connected with traditional printed ads that are more time-consuming and tedious to execute. Digital Signage is progressively being used across different vertical branches as well as to relay real-time data at separate locations. Hardware and software vendors are expanding their products to satisfy a strong business requirement.

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Based on Location, the market is segmented into Out-Store and In-Store. Based on Technology, the market is segmented into LCD, LED, and Projection. Based on Type, the market is segmented into Video Walls & Screen, Kiosks, Digital Posters, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Size, the market is segmented into Below 32 Inches, 32 to 52 Inches, and More than 52 Inches. Based on End User, the market is segmented into Retail & Corporate, Hospitality & Entertainment, Infrastructural, Institutional, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co. Ltd., Omnivex Corporation, Panasonic Corporation, NEC Corporation, Sony Corporation, STRATACACHE Inc., Leyard Optoelectronic Co., Microsoft Corporation, Delta Electronics Inc., and LG Electronics Inc.