New Digital Signage Market Report Shows Surge to $2.14B in 2023

22Miles has partnered with Emergen Research to release its second Digital Signage Software Market Report.

22Miles Global Digital Signage Software Year Over YearThe free report provides a comprehensive trend analysis and forecasts for the digital signage software market, covering product types, spending by industry, screen sizes and types, resolutions, global and regional forecasts, and other factors fueling the industry’s bullish growth.

Key findings include:

  • In 2023, the digital signage market in North America, Europe, and the Asia Pacific regions increased to $2.14B versus $1.67B in 2022, a 28% growth rate.
  • Projections indicate a soaring market value exceeding $14.3B 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 $439M, followed by retail ($360M) and education ($200M).

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

Top