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Global digital signage market to reach $29 billion by 2024, report says

December 1, 2016

The global digital signage market will be worth more than $29 billion by 2024, according to a new report by Research and Markets. The report predicts that retail and health care will continue to drive demand for digital signage, according to a press release.

The corporate sector is expected to continue to adopt digital signage due to the technology's effective marketing abilities. Other key trends such as larger screen sizes, 4k and IoT will also grow. In 2015, North America held more than 35 percent of the digital signage market share, and that number will grow in the next eight years, according to the release.

The report covers several companies including Intel, LG Electronics, Scala, Samsung Electronic,  NEC Display Solutions and more. The report examines the digital signage market from several angles, such as the components, the region, the technology, the application and more.

The report is available for download here. http://www.researchandmarkets.com/research/ltvc8m/digital_signage