North America & Europe digital signage software market, By Offering (Solutions and Services), Deployment Type (Cloud and On-Premise), License Type (Proprietary and Open Source), Operating System (Smartphone, MAC, and Windows), Pricing Model (Free and Subscription), Application (Indoor Advertisement and Outdoor Advertisement), End-User (Industrial, Commercial, Government, Infrastructural, and Institutional), Industry Trends and Forecast to 2030.
North America and Europe Digital Signage Software Market Analysis and Size
North America & Europe Digital Signage Software Market is fragmented in nature, as it consists of many global players. These companies' presence produces competitive prices for vehicles products across the country. Due to the presence of these players at regional and international levels, suppliers and manufacturers offer products with different specifications and characteristics for all budgets. Rapid urbanization and an increase in population across the country are driving the market growth. . Moreover, growing government initiatives for public transport infrastructure, low fuel costs in the region, and rapid product development and launch by the market players are estimated to drive market growth.
Data Bridge Market Research analyzes that the North America digital signage software market is expected to reach the value of USD 5,898.72 million by 2030, at a CAGR of 12.4% during the forecast period. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Data Bridge Market Research analyzes that the Europe digital signage software market is expected to reach the value of USD 4,166.71 million by 2030, at a CAGR of 11.5% during the forecast period. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2020-2016)
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Quantitative Units
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Revenue in Million, Volumes in Units, and Pricing in USD
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Segments Covered
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By Offering (Solutions and Services), Deployment Type (Cloud and On-Premise), License Type (Proprietary and Open Source), Operating System (Smartphone, MAC, and Windows), Pricing Model (Free and Subscription), Application (Indoor Advertisement and Outdoor Advertisement), End-User (Industrial, Commercial, Government, Infrastructural, and Institutional).
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Countries Covered
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U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Poland, Sweden, Denmark, and the Rest of Europe.
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Market Players Covered
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SHARP CORPORATION, Broadsign International Inc., Remote Media Group Limited, NAVORI – DIGITAL SIGNAGE SOFTWARE, SAMSUNG ELECTRONICS CO., LTD., Omnivex Corporation, Rise Vision, Inc. Poppulo, STRATACACHE, BrightSign LLC, Grassfish Marketing Technologies GmbH, SAMSUNG ELECTRONICS CO., LTD. Panasonic Corporation, Mvix, Inc., NoviSign Digital Signage Inc., Intuiface, AUO Corporation ScreenCloud, LG Electronics, Intel Corporation, and Elo Touch Solutions, Inc., among others.
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Market Definition
Digital signage is an electronic sign, which is used to deliver or convey information such as menus, advertisements, schedules, and other messages to the target audiences and customers. It is used across a variety of customer touchpoints and can be modified or personalized according to the business need. Digital signage can be centrally controlled and a content distribution platform through which the business owner can distribute the digital content to one or many displays/screens. The digital signage system is comprised of software and hardware. Digital signage software is a tool that makes users capable of controlling, scheduling, creating playlists, managing, monitoring, and organizing screens into groups, their digital signage content, and screens. Digital signage software can be deployed in two ways – cloud-based digital signage software and on-premise digital signage software. Cloud-based signage software enables users to remotely manage their screens and content. A digital signage content management system (CMS) is a platform for managing and configuring users content. Digital signage software is basically CMS software which is a very important part of a digital signage system that allows users to upload content on signage screens.
North America and Europe Digital Signage Software Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
DRIVERS
- Increasing demand for digital signage in public and commercial sectors
The advertisement and promotion industry is undergoing massive growth across the world. There are several mediums for advertising, and one of most efficient medium is digital signage display. Digital signage is utilized in public places, commercial sectors, manufacturing facilities, government offices, hospitals, restaurants and many other places to display advertisements and broadcast information. Digital signage is a cornerstone of today’s commercial and public sector for communication.
- High cost efficiency, easy-to-use and assured ROI
In the past, it was difficult to manage the content on digital screens as difficult to replace the printed posters from the wall. Using digital signage in the past, users need to travel physically to manually changing or updating the content on the screens with a USB or keyboard. But deploying digital signage today is very different due to the digital signage software, which has multiple beneficial characteristics such as content management software which allows users to manage their content from anywhere. Advanced software for digital signage support a variety of media formats; provide scheduling of content in advance, monitoring of data and providing customized report without coding
OPPORTUNITY
- Evolution of numerous emergent technologies in digital signage
Today, digital signage can be found everywhere: retail stores, hotels, restaurants, banks, malls, airports, medical clinics and public spaces. Technology is boosting the tremendous growth of digital signage software. New advancements in displays, content management, interactivity, analytics software and signage players can be capable of engaging with consumers in a way never imagined before. Evolving automation technology and constant adoption of artificial intelligence and automation is embracing the market.
RESTRAINT/CHALLENGE
- Lack of unified standardization
There are various technologies incorporated in digital signage which rely on a set of standards, including hardware and software for the management and playback of content, network infrastructure for content delivery, displays, and communication protocols. Advanced display technologies, radio-frequency identification (RFID) and near-field communication (NFC), along with personalization of content and user interaction, is becoming more relevant for digital signage.
Post-COVID-19 Impact on North America & Europe Digital Signage Software Market
COVID-19 created a negative impact on the North America & Europe digital signage software market due to the shutdown of the global manufacturing sector, logistics and transportation, and lack of testing for the product.
The COVID-19 pandemic has negatively impacted the market upto an extent. However, rapid product launch and product expansion by market players and the advantages of diesel buses over other types of buses is expected to act as a driving factor for market growth and also help the market to grow during and after the pandemic. Also, the growth has been high since the market opened after COVID-19, and it is expected that there will be considerable growth in the sector. The market players are conducting multiple R&D activities to improve the technology involved in the product. With this, the companies will bring advancement and innovation to the market. In addition, government funding for AGM batteries has led to market growth.
Recent Developments
- In October 2020, Remote Media Group Limited and Quividi announced their partnership to provide audience and campaign intelligence in DOOH and digital signage. Signagelive provides cloud based digital signage platform, and Quividi provides an audience & campaign intelligence platform for DOOH and digital signage. Through this partnership, the company will gain more customers and increase its revenue.
- In January 2020, NAVORI – DIGITAL SIGNAGE SOFTWARE Labs has developed and launched an advance QL Player, especially for BrightSign’s 4K and HD Digital Signage Media Players. BrightSign is one of the largest installed bases across the globe for digital signage media players. QL player has the advantage of synchronizing content on multiple platforms and players. Through this partnership, the company will increase its reach across the globe and generate business.
North America and Europe Digital Signage Software Market Scope
North America & Europe digital signage software market is segmented into six notable segments, which are based on offering, deployment type, license type, operating system, pricing model, application, and end-user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offering
- Solutions
- Services
Based on offering, the market is segmented into solutions and services.
Deployment Type
- cloud
- on premise
Based on deployment type, the market is segmented into cloud and on-premise.
License Type
- proprietary
- Open Source
Based on license type, the market is segmented into proprietary and open source.
Operating System
- smartphone
- mac
- windows
Based on operating system, the market is segmented into smartphone, mac, and windows.
Pricing Model
- free
- subscription
Based on pricing model, the market is segmented into free and subscription.
Application
- indoor advertisement
- outdoor advertisement
Based on application, the market is segmented into the indoor advertisement and outdoor advertisement.
End-User
- industrial
- commercial
- government
- infrastructural
- institutional
Based on end-user, the market is segmented into the industrial, commercial, government, infrastructural, and institutional.
North America and Europe Digital Signage Software Market Regional Analysis/Insights
North America Digital signage software market is analysed and market size insights and trends are provided by offering, deployment type, license type, operating system, pricing model, application, and end-user.
The countries covered in North America digital signage software market report are U.S., Canada, and Mexico.
U.S. dominates in the North America region due to the market increasing demand for digital signage in public and commercial sectors.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and North America and Europe Digital Signage Software Market Share Analysis
North America & Europe digital signage software market competitive landscape provide details of the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the North America & Europe digital signage software market are SHARP CORPORATION, Broadsign International Inc., Remote Media Group Limited, NAVORI – DIGITAL SIGNAGE SOFTWARE, SAMSUNG ELECTRONICS CO., LTD., Omnivex Corporation, and Rise Vision, Inc. Poppulo, STRATACACHE, BrightSign LLC, Grassfish Marketing Technologies GmbH, SAMSUNG ELECTRONICS CO., LTD. Panasonic Corporation, Mvix, Inc., NoviSign Digital Signage Inc., Intuiface, AUO Corporation ScreenCloud, LG Electronics, Intel Corporation, and Elo Touch Solutions, Inc., among others.
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