What factors are driving smart signage market growth in Asia Pacific?

Asia Pacific market is anticipated to showcase more than 14.5% CAGR from 2024 to 2032, owing to the increasing emphasis on digitalization, customer engagement, and experiential marketing strategies.

How big is the smart signage market?

The market size of smart signage reached USD 1.83 billion in 2023 and is set to witness 12.5% CAGR from 2024 to 2032, led by the growing need for digital advertisements and outdoor displays.

Why is the demand for smart signage rising in retail end-user?

The retail segment in the smart signage industry recorded over 30% share in 2023, due to their use for a variety of functions and to provide a versatile & interactive shopping experience.

Why is the demand for LED smart signage rising?

The LED technology segment is projected to grow at over 14% CAGR between 2024 and 2032, as they change the look and feel of the environment but also captivate and leave a lasting impression on viewers.

Smart Signage Market Share

Report ID: GMI9666

Published Date: May 2024

Report Format: PDF

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Smart Signage Market Share

Panasonic Corporation and Samsung Electronics Co., Ltd. held over 20% of the smart signage industry share in 2023. Panasonic offers a diverse portfolio of smart signage products including LCD displays, LED video walls, interactive touchscreens, and digital signage software solutions. These displays come in various sizes, resolutions, and configurations to suit different applications and environments, from small retail stores to large-scale corporate campuses.

Samsung Electronics has been actively involved in the smart signage market, offering a wide range of digital signage solutions tailored to the needs of businesses across various industries. Leveraging its expertise in display technologies, software development, and hardware integration, Samsung has established itself as a leading provider of smart signage solutions worldwide.

Smart Signage Market Companies

Major companies operating in the smart signage industry are:

Panasonic Corporation
Samsung Electronics Co., Ltd.
NEC Corporation
LG Electronics
Sony Electronics Inc.
Advantech Co., Ltd.
Uniguest

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Question(FAQ) :

What factors are driving smart signage market growth in Asia Pacific?: Asia Pacific market is anticipated to showcase more than 14.5% CAGR from 2024 to 2032, owing to the increasing emphasis on digitalization, customer engagement, and experiential marketing strategies.
How big is the smart signage market?: The market size of smart signage reached USD 1.83 billion in 2023 and is set to witness 12.5% CAGR from 2024 to 2032, led by the growing need for digital advertisements and outdoor displays.
Why is the demand for smart signage rising in retail end-user?: The retail segment in the smart signage industry recorded over 30% share in 2023, due to their use for a variety of functions and to provide a versatile & interactive shopping experience.
Why is the demand for LED smart signage rising?: The LED technology segment is projected to grow at over 14% CAGR between 2024 and 2032, as they change the look and feel of the environment but also captivate and leave a lasting impression on viewers.

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Authors: Suraj Gujar , Deeksha Vishwakarma

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Premium Report Details

Base Year: 2023

Companies covered: 10

Tables & Figures: 254

Countries covered: 21

Pages: 220

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Smart Signage Market Share

Smart Signage Market Share

Smart Signage Market Companies

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