Market Overview:
The global LCD digital signage market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for digital signage solutions from various end-use industries, such as retail, healthcare, transportation, and banking. Additionally, the growing demand for large-format displays is also contributing to the growth of this market. On the basis of type, the global LCD digital signage market can be segmented into indoor and outdoor segments. The indoor segment is expected to account for a larger share of this market than the outdoor segment during the forecast period. This can be attributed to factors such as lower installation costs and easy availability of space indoors compared with outdoors. On the basis of application,the global LCD digital signagemarket can be divided into retail, healthcare, transportation,, banking,, and others segments .
Product Definition:
LCD digital signage is a type of advertising that uses LCD screens to display promotional content. These screens can be placed in public areas, such as bus stops, train stations, and airports, or in private businesses, such as retail stores and restaurants.
LCD digital signage is an important marketing tool because it allows businesses to reach a large audience with minimal effort. The promotional content can be changed easily and on short notice, which means that businesses can keep their messaging fresh and relevant. Additionally, LCD digital signage is a cost-effective way to advertise because the screens require little energy to run and the content can be created at minimal cost.
Indoor:
Indoor display is a signage system that is used to advertise products and services directly on the screen by using transparent or semi-transparent material. Indoor displays are different from outdoor displays as they are designed to be viewed only within a limited range (generally less than 10 meters), whereas outdoor signs can be seen from up to 30 meters away easily.
Outdoor:
Outdoor is the new term in LCD digital signage market and it's majorly used for large format display. It’s a huge outdoor video wall that displays multiple advertising videos or other information to the passing traffic.
Outdoor is different from indoor as it has wide viewing angle, high resolution, and can be used in extreme weather conditions unlike LCD signs which are used mostly for indoors.
Application Insights:
The retail segment dominated the global LCD digital signage market in 2017. The growing e-commerce industry has led to an increased demand for displaying product information on a large screen in stores, thereby driving the growth of this segment. Digital signage is used extensively in supermarkets, hypermarkets and shopping malls as well as specialty stores to display price comparison, product information and promotional offers. Furthermore, it is also installed at checkouts to display items remaining in stock at different departments within a store. This application enables customers to compare various options while making purchases online or offline which further contributes towards revenue generation for retailers globally.
The healthcare sector was one of the prominent sectors that adopted digital signage systems owing to their benefits such as easy installation & management along with cost-effectiveness and flexibility over traditional methods such as posters & pamphlets which are widely used by hospitals & clinics for advertising purposes but have several disadvantages including; they get damaged due to lack of durability.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to the increasing adoption of digital signage in retail, corporate, and other similar applications. The growing trend of on-demand viewing and streaming content across various devices has been driving the demand for digital signage in this region. Furthermore, rising investments by governments in developing countries are expected to boost industry expansion over the next eight years. For instance, China is estimated to spend USD X billion on intelligent buildings by 2020 which will include installation of display technologies such as digital signs.
North America accounted for a major share due to early adoption of these solutions across all segments including transportation facilities such as airports and railway stations; healthcare facilities such as hospitals; government offices including municipal corporations; educational institutions like colleges/universities among others.
Growth Factors:
- Increasing demand for LCD digital signage from retail sector for advertising and promotional purposes.
- Rising demand for LCD digital signage in transportation sector to display information about the journey, departure/arrival time, and other important updates to passengers.
- Increasing number of installations of LCD digital signage in corporate offices and educational institutions for displaying news, announcements, and other important information.
- Growing popularity of interactive LCD digital signage among customers that offer an engaging experience while shopping or travelling etcetera
Scope Of The Report
Report Attributes
Report Details
Report Title
LCD Digital Signage Market Research Report
By Type
Indoor, Outdoor
By Application
Retail, Healthcare, Transportation, Banking, Others
By Companies
Samsung Electronics, AUO, BOE, LG Electronics, Philips, Toshiba, Leyard, Barco, Daktronics, Sony, Panasonic, NEC Display, Sharp, Planar Systems, Mitsubishi, Innolux, Advantech, Viewsonic, Cisco Systems Inc, Marvel, AMscreen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global LCD Digital Signage Market Report Segments:
The global LCD Digital Signage market is segmented on the basis of:
Types
Indoor, Outdoor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Healthcare, Transportation, Banking, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung Electronics
- AUO
- BOE
- LG Electronics
- Philips
- Toshiba
- Leyard
- Barco
- Daktronics
- Sony
- Panasonic
- NEC Display
- Sharp
- Planar Systems
- Mitsubishi
- Innolux
- Advantech
- Viewsonic
- Cisco Systems Inc
- Marvel
- AMscreen
Highlights of The LCD Digital Signage Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Indoor
- Outdoor
- By Application:
- Retail
- Healthcare
- Transportation
- Banking
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LCD Digital Signage Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LCD digital signage is a type of electronic display that uses LCD technology to create images and messages. LCD digital signage can be used in a variety of settings, including retail stores, restaurants, airports, and other public areas. LCD digital signage is often easy to use and has a wide range of features available.
Some of the key players operating in the lcd digital signage market are Samsung Electronics, AUO, BOE, LG Electronics, Philips, Toshiba, Leyard, Barco, Daktronics, Sony, Panasonic, NEC Display, Sharp, Planar Systems, Mitsubishi, Innolux, Advantech, Viewsonic, Cisco Systems Inc, Marvel, AMscreen.
The lcd digital signage market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LCD Digital Signage Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LCD Digital Signage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LCD Digital Signage Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LCD Digital Signage Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LCD Digital Signage Market Size & Forecast, 2018-2028
4.5.1 LCD Digital Signage Market Size and Y-o-Y Growth
4.5.2 LCD Digital Signage Market Absolute $ Opportunity
Chapter 5 Global LCD Digital Signage Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LCD Digital Signage Market Size Forecast by Type
5.2.1 Indoor
5.2.2 Outdoor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LCD Digital Signage Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LCD Digital Signage Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Healthcare
6.2.3 Transportation
6.2.4 Banking
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LCD Digital Signage Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LCD Digital Signage Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LCD Digital Signage Analysis and Forecast
9.1 Introduction
9.2 North America LCD Digital Signage Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LCD Digital Signage Market Size Forecast by Type
9.6.1 Indoor
9.6.2 Outdoor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LCD Digital Signage Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Healthcare
9.10.3 Transportation
9.10.4 Banking
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LCD Digital Signage Analysis and Forecast
10.1 Introduction
10.2 Europe LCD Digital Signage Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LCD Digital Signage Market Size Forecast by Type
10.6.1 Indoor
10.6.2 Outdoor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LCD Digital Signage Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Healthcare
10.10.3 Transportation
10.10.4 Banking
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LCD Digital Signage Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LCD Digital Signage Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LCD Digital Signage Market Size Forecast by Type
11.6.1 Indoor
11.6.2 Outdoor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LCD Digital Signage Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Healthcare
11.10.3 Transportation
11.10.4 Banking
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LCD Digital Signage Analysis and Forecast
12.1 Introduction
12.2 Latin America LCD Digital Signage Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LCD Digital Signage Market Size Forecast by Type
12.6.1 Indoor
12.6.2 Outdoor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LCD Digital Signage Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Healthcare
12.10.3 Transportation
12.10.4 Banking
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LCD Digital Signage Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LCD Digital Signage Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LCD Digital Signage Market Size Forecast by Type
13.6.1 Indoor
13.6.2 Outdoor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LCD Digital Signage Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Healthcare
13.10.3 Transportation
13.10.4 Banking
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LCD Digital Signage Market: Competitive Dashboard
14.2 Global LCD Digital Signage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung Electronics
14.3.2 AUO
14.3.3 BOE
14.3.4 LG Electronics
14.3.5 Philips
14.3.6 Toshiba
14.3.7 Leyard
14.3.8 Barco
14.3.9 Daktronics
14.3.10 Sony
14.3.11 Panasonic
14.3.12 NEC Display
14.3.13 Sharp
14.3.14 Planar Systems
14.3.15 Mitsubishi
14.3.16 Innolux
14.3.17 Advantech
14.3.18 Viewsonic
14.3.19 Cisco Systems Inc
14.3.20 Marvel
14.3.21 AMscreen
