Digital signage market projected to grow rapidly, with major players like Samsung dominating.
From GlobeNewswire:
The digital signage market is rapidly growing, with a worth of USD 18.7 billion in 2023 and expected to reach USD 26.1 billion by 2028. Major players like Samsung, LG, Sharp NEC, Leyard, and Sony dominate the market with diverse product portfolios. Companies focus on product launches and partnerships for growth and innovation.
Samsung Electronics Co., Ltd. is a key player in the digital signage market, offering a wide range of products like video walls and interactive displays. The company emphasizes research and development, launching new solutions like interactive displays for the education sector. Samsung’s strategic focus on partnerships and collaborations strengthens its market position.
LG Electronics is known for its extensive range of digital signage products, including video walls and standalone displays. The company’s recent launch of the ProBeam display with high-quality resolution demonstrates a commitment to innovation. LG’s investment in research and development drives the development of advanced display solutions.
Sharp NEC Display Solutions, Ltd. is a leading manufacturer of digital signage hardware, software, and services. The company’s product offerings, including 4K UHD displays for indoor applications, highlight its focus on innovation. Through strategic product launches and partnerships, Sharp NEC strengthens its presence in the digital signage market.
Leyard Optoelectronic Co., Ltd. specializes in Fine Pitch LED displays, offering advanced digital signage products such as micro-LED displays with high resolutions. The company’s organic growth strategy through product launches and joint ventures, like the partnership with EPISTAR Corporation, enhances its market position.
Sony Group Corporation is a major player in the digital signage market, offering a variety of products for commercial and institutional use. The company’s focus on product launches, like the Crystal LED BH- and CH-series displays, showcases its commitment to quality and innovation. Partnerships with companies like signageOS enhance Sony’s market position.
Read more at GlobeNewswire: Digital Signage Companies – Samsung Electronics Co., Ltd.