Digital Signage Market to reach $26.3 billion by 2027- Exclusive Report by Meticulous Research®

London, March 30, 2020 (GLOBE NEWSWIRE) — According to a new market research report titled, “Digital Signage Market by Product Type (Videowall, Kiosk, Menu boards & Billboards) by Component (Hardware (Display (LCD, LED & OLED)), Services), by Application, by Industry Vertical (Retail, Hospitality, Entertainment, Transportation, Corporate, Healthcare) – Global Forecast to 2027” the digital signage market is expected to grow at a CAGR of 6.4% from 2019 to 2027 to reach $26.3 billion by 2027.Digital signage is a sub-segment of electronic signage which is nothing but centrally controlled content distribution platform that can be used to broadcast many different messages. Digital signs use technologies such as LCD, LED, and Projection to display content such as digital images, video, streaming media, and information. They are generally installed in public spaces, transportation systems, museums, stadiums, retail stores, hotels, restaurants, and corporate buildings, among others, for wayfinding, exhibitions, marketing, and outdoor advertising. The factors such as increasing adoption of digital signage products in commercial vertical, rapid digitization in emerging countries, and technological advancements in display technology are anticipated to boost the growth of the overall digital signage market during the forecast period. However, increasing trend of online advertisement can hinder the growth of this market to some extent.Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5090