Digital Signage Market is estimated to be US$ 80.9 billion by 2030 with a CAGR of 16.9%.
Digital Signage Market is projected to grow from the US $21.1 billion in 2020 to US$ 80.9 billion by 2030. Rising adoption of LED and LCDs for advertising and display promotion such factor are expected demand for digital signage technology. Additionally increasing demand for digitized promotion of products and services to attract the target audience in an effective manner supporting the growth digital signage market. Moreover increasing retail space worldwide, growing demand for context-aware signage, and increasing change of traditional stores to smart stores in the retail vertical drives growth for the target market. High maintenance cost restrains the target market growth. The report " Global Digital Signage Market by Offering (Hardware, Software, and Services), By Product (Video Wall, and Standalone Display), By Application (Indoor, and Outdoor), By Vertical (Commercial, Infrastructural, Infrastructural, Industrial), and Region - Global Forecast to 2029" Key