Smart Led Indoor Signage Market size to grow by USD 2,090.71 million from 2022 to 2027; Growth driven by the growing need for automated medical transcripts – Technavio

NEW YORK, May 19, 2023 /PRNewswire/ — The latest report on the smart-led indoor signage market, 2023-2027 estimates to register an incremental growth of USD 2090.71 million, at a CAGR of 21.62% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The high growth of retail space is notably driving the market growth, although factors such as the growth of e-commerce and online advertising may impede the market growth. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request sample report 

Smart Led Indoor Signage Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Absen Optoelectronic Co. Ltd., Aero Digital World, AU Optronics Corp., Firstouch Solutions Pvt. Ltd., Grandwell Industries, Koninklijke Philips NV, LG Corp., Metroplus Advertising LLC, Osel Technology Pvt. Ltd., Panasonic Holdings Corp., Planar Systems Inc., Qisda Corp., Samsung Electronics Co. Ltd., Shanghai Goodview Electronics Technology Co. Ltd., Sharp Corp., Shenzhen Ledsino Optoelectronic Co. Ltd., Tailong Zhixian Technology Shenzhen Co. Ltd., Toshiba Corp., Xtreme Media Pvt. Ltd., and Sony Group Corp. are among some of the major market participants.

absen.com- The company offers smart LED indoor signage such as AX Series, and PL V2 Series.

auo.com- The company offers smart LED indoor signage such as TARTAN displays.

firstouchkiosk.com- The company offers smart LED indoor signage such as 24 and 32 Inch Commercial Display.

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Smart Led Indoor Signage Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

Market Driver

  • Low power consumption and do-it-yourself (DIY) design
  • Demand for high-resolution and interactive content
  • High growth of retail space

Market Trend

  • Focus on reseller programs, increasing partnerships and collaborations
  • Growing popularity of data analytics and smart control
  • Emergence of TOLEDs

Market Challenges

  • Growth of e-commerce and online advertising
  • Cyberattacks on digital signage networks
  • High price and operational complexities

In addition to the forecast, the report also highlights the key opportunities by analyzing drivers, trends, challenges for the market download Sample reports

Smart Led Indoor Signage Market 2023-2027: Segmentation

Smart Led Indoor Signage Market is segmented as below:

  • End-user 
    • Retail
    • QSR And Restaurants
    • Education
    • Healthcare
    • Others
  • Geography 
    • North America
    • APAC
    • Europe
    • South America
    • Middle East And Africa

For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027) – Download a Sample Report

Smart Led Indoor Signage Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist smart led indoor signage market growth during the next five years
  • Estimation of the smart led indoor signage market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart led indoor signage market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart led indoor signage market, vendors

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Smart Led Indoor Signage Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 21.62%

Market growth 2023-2027

USD 2090.71 million

Market structure

Fragmented

YoY growth 2022-2023(%)

20.01

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Absen Optoelectronic Co. Ltd., Aero Digital World, AU Optronics Corp., Firstouch Solutions Pvt. Ltd., Grandwell Industries, Koninklijke Philips NV, LG Corp., Metroplus Advertising LLC, Osel Technology Pvt. Ltd., Panasonic Holdings Corp., Planar Systems Inc., Qisda Corp., Samsung Electronics Co. Ltd., Shanghai Goodview Electronics Technology Co. Ltd., Sharp Corp., Shenzhen Ledsino Optoelectronic Co. Ltd., Tailong Zhixian Technology Shenzhen Co. Ltd., Toshiba Corp., Xtreme Media Pvt. Ltd., and Sony Group Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Screen Size
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022 
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global smart LED indoor signage market 2017 – 2021
    • Exhibit 18: Historic Market Size – Data Table on Global smart LED indoor signage market 2017 – 2021 ($ million)
  • 4.2 End-User Segment Analysis 2017 – 2021
    • Exhibit 19: Historic Market Size – End-User Segment 2017 – 2021 ($ million)
  • 4.3 Screen Size Segment Analysis 2017 – 2021
    • Exhibit 20: Historic Market Size – Screen Size Segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

  • 6.1 Market segments 
    • Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 32: Chart on Comparison by End-user
    • Exhibit 33: Data Table on Comparison by End-user
  • 6.3 Retail – Market size and forecast 2022-2027
    • Exhibit 34: Chart on Retail – Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Retail – Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Retail – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Retail – Year-over-year growth 2022-2027 (%)
  • 6.4 QSR and restaurants – Market size and forecast 2022-2027 
    • Exhibit 38: Chart on QSR and restaurants – Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on QSR and restaurants – Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on QSR and restaurants – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on QSR and restaurants – Year-over-year growth 2022-2027 (%)
  • 6.5 Education – Market size and forecast 2022-2027
    • Exhibit 42: Chart on Education – Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Education – Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Education – Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Education – Year-over-year growth 2022-2027 (%)
  • 6.6 Healthcare – Market size and forecast 2022-2027
    • Exhibit 46: Chart on Healthcare – Market size and forecast 2022-2027 ($ million)
    • Exhibit 47: Data Table on Healthcare – Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Chart on Healthcare – Year-over-year growth 2022-2027 (%)
    • Exhibit 49: Data Table on Healthcare – Year-over-year growth 2022-2027 (%)
  • 6.7 Others – Market size and forecast 2022-2027
    • Exhibit 50: Chart on Others – Market size and forecast 2022-2027 ($ million)
    • Exhibit 51: Data Table on Others – Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Chart on Others – Year-over-year growth 2022-2027 (%)
    • Exhibit 53: Data Table on Others – Year-over-year growth 2022-2027 (%)
  • 6.8 Market opportunity by End-user 
    • Exhibit 54: Market opportunity by End-user ($ million)

7 Market Segmentation by Screen Size

  • 7.1 Market segments 
    • Exhibit 55: Chart on Screen Size – Market share 2022-2027 (%)
    • Exhibit 56: Data Table on Screen Size – Market share 2022-2027 (%)
  • 7.2 Comparison by Screen Size 
    • Exhibit 57: Chart on Comparison by Screen Size
    • Exhibit 58: Data Table on Comparison by Screen Size
  • 7.3 Less than 32 – Market size and forecast 2022-2027
    • Exhibit 59: Chart on Less than 32 – Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Data Table on Less than 32 – Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Chart on Less than 32 – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Less than 32 – Year-over-year growth 2022-2027 (%)
  • 7.4 32-35 – Market size and forecast 2022-2027
    • Exhibit 63: Chart on 32-35 – Market size and forecast 2022-2027 ($ million)
    • Exhibit 64: Data Table on 32-35 – Market size and forecast 2022-2027 ($ million)
    • Exhibit 65: Chart on 32-35 – Year-over-year growth 2022-2027 (%)
    • Exhibit 66: Data Table on 32-35 – Year-over-year growth 2022-2027 (%)
  • 7.5 55 and above – Market size and forecast 2022-2027
    • Exhibit 67: Chart on 55 and above – Market size and forecast 2022-2027 ($ million)
    • Exhibit 68: Data Table on 55 and above – Market size and forecast 2022-2027 ($ million)
    • Exhibit 69: Chart on 55 and above – Year-over-year growth 2022-2027 (%)
    • Exhibit 70: Data Table on 55 and above – Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by Screen Size 
    • Exhibit 71: Market opportunity by Screen Size ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 73: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 74: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 75: Chart on Geographic comparison
    • Exhibit 76: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027
    • Exhibit 77: Chart on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 APAC – Market size and forecast 2022-2027
    • Exhibit 81: Chart on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.5 Europe – Market size and forecast 2022-2027
    • Exhibit 85: Chart on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027
    • Exhibit 89: Chart on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 93: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027
    • Exhibit 97: Chart on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 China – Market size and forecast 2022-2027
    • Exhibit 101: Chart on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.10 Japan – Market size and forecast 2022-2027
    • Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)
  • 9.11 Canada – Market size and forecast 2022-2027
    • Exhibit 109: Chart on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 110: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 111: Chart on Canada – Year-over-year growth 2022-2027 (%)
    • Exhibit 112: Data Table on Canada – Year-over-year growth 2022-2027 (%)
  • 9.12 UK – Market size and forecast 2022-2027
    • Exhibit 113: Chart on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 114: Data Table on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 115: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 116: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 117: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers 
  • 10.2 Market challenges 
  • 10.3 Impact of drivers and challenges 
    • Exhibit 118: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends 

11 Vendor Landscape

  • 11.1 Overview 
  • 11.2 Vendor landscape 
    • Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 120: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 121: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 122: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 123: Matrix on vendor position and classification
  • 12.3 Absen Optoelectronic Co. Ltd. 
    • Exhibit 124: Absen Optoelectronic Co. Ltd. – Overview
    • Exhibit 125: Absen Optoelectronic Co. Ltd. – Product / Service
    • Exhibit 126: Absen Optoelectronic Co. Ltd. – Key offerings
  • 12.4 AU Optronics Corp. 
    • Exhibit 127: AU Optronics Corp. – Overview
    • Exhibit 128: AU Optronics Corp. – Business segments
    • Exhibit 129: AU Optronics Corp. – Key news
    • Exhibit 130: AU Optronics Corp. – Key offerings
    • Exhibit 131: AU Optronics Corp. – Segment focus
  • 12.5 Firstouch Solutions Pvt. Ltd. 
    • Exhibit 132: Firstouch Solutions Pvt. Ltd. – Overview
    • Exhibit 133: Firstouch Solutions Pvt. Ltd. – Product / Service
    • Exhibit 134: Firstouch Solutions Pvt. Ltd. – Key offerings
  • 12.6 Grandwell Industries 
    • Exhibit 135: Grandwell Industries – Overview
    • Exhibit 136: Grandwell Industries – Product / Service
    • Exhibit 137: Grandwell Industries – Key offerings
  • 12.7 Koninklijke Philips NV 
    • Exhibit 138: Koninklijke Philips NV – Overview
    • Exhibit 139: Koninklijke Philips NV – Business segments
    • Exhibit 140: Koninklijke Philips NV – Key news
    • Exhibit 141: Koninklijke Philips NV – Key offerings
    • Exhibit 142: Koninklijke Philips NV – Segment focus
  • 12.8 LG Corp. 
    • Exhibit 143: LG Corp. – Overview
    • Exhibit 144: LG Corp. – Business segments
    • Exhibit 145: LG Corp. – Key offerings
    • Exhibit 146: LG Corp. – Segment focus
  • 12.9 Metroplus Advertising LLC 
    • Exhibit 147: Metroplus Advertising LLC – Overview
    • Exhibit 148: Metroplus Advertising LLC – Product / Service
    • Exhibit 149: Metroplus Advertising LLC – Key offerings
  • 12.10 Panasonic Holdings Corp. 
    • Exhibit 150: Panasonic Holdings Corp. – Overview
    • Exhibit 151: Panasonic Holdings Corp. – Business segments
    • Exhibit 152: Panasonic Holdings Corp. – Key news
    • Exhibit 153: Panasonic Holdings Corp. – Key offerings
    • Exhibit 154: Panasonic Holdings Corp. – Segment focus
  • 12.11 Planar Systems Inc. 
    • Exhibit 155: Planar Systems Inc. – Overview
    • Exhibit 156: Planar Systems Inc. – Product / Service
    • Exhibit 157: Planar Systems Inc. – Key offerings
  • 12.12 Samsung Electronics Co. Ltd. 
    • Exhibit 158: Samsung Electronics Co. Ltd. – Overview
    • Exhibit 159: Samsung Electronics Co. Ltd. – Business segments
    • Exhibit 160: Samsung Electronics Co. Ltd. – Key news
    • Exhibit 161: Samsung Electronics Co. Ltd. – Key offerings
    • Exhibit 162: Samsung Electronics Co. Ltd. – Segment focus
  • 12.13 Sharp Corp. 
    • Exhibit 163: Sharp Corp. – Overview
    • Exhibit 164: Sharp Corp. – Business segments
    • Exhibit 165: Sharp Corp. – Key news
    • Exhibit 166: Sharp Corp. – Key offerings
    • Exhibit 167: Sharp Corp. – Segment focus
  • 12.14 Sony Group Corp. 
    • Exhibit 168: Sony Group Corp. – Overview
    • Exhibit 169: Sony Group Corp. – Business segments
    • Exhibit 170: Sony Group Corp. – Key news
    • Exhibit 171: Sony Group Corp. – Key offerings
    • Exhibit 172: Sony Group Corp. – Segment focus
  • 12.15 Tailong Zhixian Technology Shenzhen Co. Ltd.
    • Exhibit 173: Tailong Zhixian Technology Shenzhen Co. Ltd. – Overview
    • Exhibit 174: Tailong Zhixian Technology Shenzhen Co. Ltd. – Product / Service
    • Exhibit 175: Tailong Zhixian Technology Shenzhen Co. Ltd. – Key offerings
  • 12.16 Toshiba Corp. 
    • Exhibit 176: Toshiba Corp. – Overview
    • Exhibit 177: Toshiba Corp. – Business segments
    • Exhibit 178: Toshiba Corp. – Key offerings
    • Exhibit 179: Toshiba Corp. – Segment focus
  • 12.17 Xtreme Media Pvt. Ltd. 
    • Exhibit 180: Xtreme Media Pvt. Ltd. – Overview
    • Exhibit 181: Xtreme Media Pvt. Ltd. – Product / Service
    • Exhibit 182: Xtreme Media Pvt. Ltd. – Key offerings

13 Appendix

  • 13.1 Scope of the report 
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 183: Inclusions checklist
    • Exhibit 184: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 185: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 186: Research methodology
    • Exhibit 187: Validation techniques employed for market sizing
    • Exhibit 188: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 189: List of abbreviations

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