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The Global Digital Signage Software Market will Hit USD 18.79 Billion by 2031, at a CAGR of 9.8%

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Digital Signage Software Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Digital Signage Software Market size is expected to reach $18.79 billion by 2031, rising at a market growth of 9.8% CAGR during the forecast period.

The Software segment is leading the Global Digital Signage Software Market by Component in 2023; thereby, achieving a market value of $11.50 billion by 2031. This segment’s strong performance is driven by the increasing demand for dynamic and interactive content management solutions across various industries, including retail, hospitality, education, and transportation. The software enables businesses to efficiently manage and display digital content on multiple screens, providing an engaging and informative experience for customers and audiences.

Digital Signage Software Market Size - By Region

The Entertainment & Hospitality segment exhibits a CAGR of 9.2% during (2024 - 2031). Digital signage in this vertical is widely utilized to enhance guest experiences, provide wayfinding assistance, display promotional content, and facilitate interactive services in hotels, restaurants, casinos, and entertainment venues. Delivering dynamic and engaging content helps establishments in this sector attract and retain customers, streamline operations, and create a memorable experience, thereby driving the demand for advanced digital signage solutions.

Full Report: https://www.kbvresearch.com/digital-signage-software-market/

The North America region dominated the Global Digital Signage Software Market by Region in 2023; thereby, achieving a market value of $6.57 billion by 2031. The Europe region is expected to witness a CAGR of 9.4% during (2024 - 2031). Additionally, The Asia Pacific region would register a CAGR of 10.6% during (2024 - 2031).

List of Key Companies Profiled

  • Koninklijke Philips N.V.
  • LG Electronics, Inc. (LG Corporation)
  • NEC Corporation
  • Panasonic Holdings Corporation
  • Sony Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Microsoft Corporation
  • Cisco Systems, Inc.
  • Intel Corporation
  • ViewSonic Corporation

Digital Signage Software Market Report Segmentation

By Component

  • Software
    • Content Management System
    • Edge Server Software
    • Other Software Type
  • Services
    • Professional Services
    • Managed Services

By Vertical

  • Corporate & Retail
  • Government
  • Entertainment & Hospitality
  • Healthcare
  • Institutional
  • Transportation
  • Industrial
  • Other Verticals

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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