NEW YORK , Aug. 27, 2024 /PRNewswire/ -- Report with the AI impact on market trends- The global digital signage market size is estimated to grow by USD 9.85 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of over 9.95% during the forecast period. High growth of retail space is driving market growth, with a trend towards introduction of soc technology.
However, growing e-commerce market poses a challenge. Key market players include 3M Co., AT and T Inc.
, AUO Corp., BrightSign LLC, Cayin Technology Co. Ltd.
, Cisco Systems Inc., Daktronics Inc., Hon Hai Precision Industry Co.
Ltd., HP Inc., Intel Corp.
, Keywest Technology Inc., Leyard Group, LG Corp., Omnivex Corp.
, Panasonic Holdings Corp., Rokk3r, Samsung Electronics Co. Ltd.
, Scala, Sony Group Corp., and YFY Inc..
Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Market Driver SOC, or System on Chip, is a technology gaining traction in the manufacturing of smartphones, tablets, and commercial displays. This innovation integrates essential processing components onto a single chip, reducing the need for additional components in digital systems. For digital signage applications, SOC technology can be incorporated into commercial displays, replacing multiple equipment such as media players.
This streamlined solution allows digital signage operation directly from the screen, offering diagnostic information as well. The .