What is the Digital Signage Market Size?
According to 6Wresearch internal database and industry insights, the
Global digital signage market was valued at approximately USD 24.8 billion in 2024 and is projected to reach USD 59.1 billion by 2031. The market is expected to expand at a CAGR of 13.1% during the forecast period.
This growth is driven by the rising adoption of dynamic advertising displays, increasing demand for immersive retail and transit experiences, and integration of smart content management solutions across various industries.
Key Growth Factors of the Digital Signage Market
- Using digital wayfinding and public information systems, smart cities are emerging as a result of rapid urbanisation.
- A rise in the need for context-aware and interactive displays in the transportation, hospitality, and retail industries
- Technological developments in touch interaction, cloud-based control, and display resolution
- The expansion of digital-out-of-home (DOOH) advertising to improve audience engagement and the affordability of LED and LCD screen deployments
- Combining analytics and AI to deliver content more precisely and gain insights about customers
Digital Signage Market Trends
The market is shifting toward interactive kiosks, touchless interfaces, and gesture recognition to boost engagement. Retail and QSRs are investing in AI-driven digital menu boards and real-time promotions. Transparent displays, holographic signage, and AR-enabled information panels are redefining digital experience in premium spaces. Additionally, cloud-based digital signage solutions are gaining momentum for their scalability and remote management.
Emerging Developments in the Digital Signage Market
Innovations include IoT-enabled signage that responds to environmental triggers, edge-computing displays for real-time responsiveness, and voice-activated digital screens. Smart analytics integration is enabling deeper insights into audience behavior. There is also growing adoption in education and corporate sectors for internal communication, training, and hybrid event broadcasting.
Major Companies in the Digital Signage Market
- Samsung Electronics Co., Ltd.
- LG Electronics Inc.
- NEC Corporation
- Sony Corporation
- Panasonic Corporation
- BrightSign LLC
Digital Signage Market Size: FAQs
The digital signage market is projected to reach USD 59.1 billion by 2031.
Retail, transportation, healthcare, hospitality, banking, and education are major adopters for customer engagement and information dissemination.
The market growth CAGR is approximately 13.1% during the upcoming years.
Challenges include high initial deployment costs, system integration complexity, and content management scalability.
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