Digital Signage research report shows market rose nearly a third from 2022 to 2023

Digital Signage research report shows market rose nearly a third from 2022 to 2023
In 2023, the digital signage market in North America, Europe, and the Asia Pacific regions increased to $2.14 billion versus $1.67 billion in 2022, a 28% growth rate, according to a report by 22Miles, a provider of experiential 3D wayfinding and Emergen Research.

Findings included;

- Projections indicate a soaring market value exceeding $14.3 billion by 2033, boasting a remarkable 27.9% CAGR.
- North America remains the largest market, with just over 40% of the market value, while Europe has the highest growth potential with a CAGR of 22.2%. ??
- On-premises deployment demand for CMS continues to grow at a rate of 19.7% versus 23.3% for cloud-based CMS.
- Corporate remains the top-spending industry for digital signage software at $439 million, followed by retail ($360 million) and education ($200 million).

The report also includes a competitive landscape survey of leading providers in the digital signage software marketplace, including company profiles, product insights, performance analysis and pricing for the top companies in the space by market share.

The full report is free for download on the 22Miles website here.

 








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