UK Digital Signage Market Size, Share and Forecast 2019-2025
The UK digital signage market is estimated to grow at a CAGR of 6.7% during the forecast period to reach $1.3 billion in 2025 from $823 million in 2018. The major driving factors in the substantial growth of the digital signage market are the rapid adoption of AI, machine learning, and extensive use of IP-based devices. A significant market for digital signages can be expected in UK due to the high adoption of digital screens by restaurants, fast-food chains, commodity showrooms, and many others for the display of the required information. Moreover, there have been instances in UK where digital signages have been proved needful to fulfill the objective of end-users. For instance, a luxury sports car showroom in UK required a 4x4 video wall to increase the showroom’s visual appeal by showcasing dynamic videos and graphics for promotion, show running footage of new vehicle models and inform customers about current incentives.
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The UK 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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UK
Digital Signage Market Segmentation
By
Component Type
·
Hardware
·
Software
By
Product
·
Standalone Display
·
Video Wall
By
Application
·
Commercial
·
Industrial
·
Infrastructural
·
Others (Institutional
Company
Profiles
·
ACRELEC Group
·
AOPEN Inc.
·
Barco NV
·
BenQ Corp.
·
Christie Digital Systems USA,
Inc.
·
Daktronics, Inc.
·
Delta Electronics, Inc.
·
Exceptional 3D, Inc.
·
Intel Corp.
·
Intuilab SAS
·
LG Electronics Inc.
·
Navori SA
·
NEC Corp.
·
Panasonic Corp.
·
Planar Systems, Inc.
·
Samsung Electronics Co., Ltd.
·
Scala, Inc.
·
Sharp Corp.
·
Sony Corp.
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