Japan Digital Signage Market Size | COVID-19 Impact Analysis | Forecast to 2025
Japan digital signage market is estimated to grow at a CAGR of around 8.6% over the forecast period to reach over $2.2 billion in 2025 from $1.2 billion in 2018. The regional growth of the market is attributed to the significant focus on digital infrastructure in transportation and upcoming major sports events and in the country. Increasing digital infrastructure is expected to strengthen the market growth in the country. For instance, Train Station, Japan, one of the biggest transportation hubs in the city of Osaka focus on distributing eye-catching advertisement and important scheduling information to as many passengers as possible. To achieve this effectively the station may adopt 4K content broadcasted to multiple displays mounted vertically on pillars throughout the station, with transmission cloned simultaneously to more than 30 screens that are up to 100 meters apart. The solution needed to be centrally managed. As a result, it will enable to increase convenience for the passengers and thereby will likely boost the growth of the Japan digital signage market.
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Japan digital signage market is segmented on the basis
of component type, product, application, and region. On the basis of component
type, the market is divided into hardware and software. On the basis of the
product, the market is classified into standalone display and video wall.
Furthermore, the market is classified, on the basis of application, into
commercial, industrial, infrastructural, and others. Commercial application of
digital signage is estimated to be the fastest-growing segment during the
forecast period. The segmental growth is attributed to the extensive
application of digital signage displays for advertisement and for announcements
in the commercial sector. The commercial sector includes retail, healthcare,
hospitality, and government, with applications across hospitals, hotels,
quick-service restaurants (QSRs), and malls.
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Japan Digital Signage Market Segmentation
By
Component Type
·
Hardware
·
Software
By
Product
·
Standalone Display
·
Video Wall
By
Application
·
Commercial
·
Industrial
·
Infrastructural
·
Others (Institutional
Company
Profiles
·
AOPEN Inc. (Acer Inc.)
·
AU Optronics Corp.
·
Barco NV
·
BenQ Corp.
·
BrightSign, LLC
·
Coates Group Pty Ltd.
·
Daktronics, Inc.
·
Delta Electronics, Inc.
·
E Ink Holdings Inc.
·
Exceptional 3D, Inc.
·
Goodview Electronic Co., Ltd.
·
Hisense International Co., Ltd.
·
Intel Corp.
·
LG Electronics Inc.
·
Navori SA
·
NEC Corp.
·
Panasonic Corp.
·
Planar Systems, Inc.
·
Samsung Electronics Co., Ltd.
·
Scala, Inc.
·
Sony Corp.
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