Global Digital Signage Market share to grow at a CAGR of 5.2% from 2016 to 2023: Global Market Insights, Inc. The report “Digital Signage Market Size By Application (Banking, Corporate, Education, Healthcare, Retail, Transportation), By Display Technology (LCD, LED, Front Projection), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Europe, APAC, South America, MEA), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 - 2023�, Global Digital Signage Market size forecast was over USD 15 billion in 2015 and it likely to exceed revenue of USD 23 billion by 2023; as per a new research report by Global Market Insights, Inc. Growing production and distribution of content through digital signage serves as an efficient marketing strategy for enterprises and is predicted to drive the digital signage market over the forecast period. This growth is attributed to the capability of the technology to deliver fast and inexpensive means for advertising in comparison to the print media.
In addition, these systems provide various benefits for the public-sector firms such as enhancing internal communications and helping people with their usual needs. It aids firms to boost their businesses by offering rapid emergency notifications and ensuring that each customer and user receives the message on time, which will be a driving force for the global digital signage market size.
Outdoor digital displays segment of the digital signage market offer an accessible and a more appealing experience to users in comparison to conventional static signage. It supports the firm to function and use money effectively. Furthermore, it benefits the firms by helping them to target a specific audience and thereby, enhance user experience.
Content management systems form an integral part of the digital signage market ecosystem and enables users to regulate the content on their displays. Content
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