+86 135 3053 5995
sales@mydled.comWe use our own and third-party cookies to ensure the proper functioning of the web portal and its complements, perform navigation analysis and show multimedia content. If you continue browsing, you accept the use of this technology. For more information please see our Cookies Policy. Learn more
Digital signage market According to the new research report of relevant institutions, the global shipment of smart digital signage displays increased by 16.7% to 17.2 million units in 2019. In the next five years, global shipments of smart digital signage displays will grow at a compound annual growth rate (CAGR) of 13.8%, reaching 32.8 million units by 2024.
With the promotion of digital transformation and the integration of a variety of high-tech, applications based on small pixel pitch led digital signage have ushered in new changes in high-definition display, real-time interaction and smart perception, and gradually move towards the transformation of smart display.
LED digital signage develops to the current dynamic multimedia content display, supports ratings evaluation, touch human-computer interaction, remote/centralized management, precise content arrangement, distribution of digital signage, and integration of emerging technologies such as face recognition and perceptual computing , Mobile payment, etc., in large shopping malls, supermarkets, hotel lobbies, restaurants, cinemas, and other public places where people flow, to release business, financial or entertainment information to people to meet people's immediate perception of audiovisual needs.
The market gradually matures, accelerating the definition of digital signage. Its main products include interactive whiteboards, led screens, commercial TVs and advertising players. Driven by technology and market, the current digital signage market mainly presents the following development trends:
In recent years, led display products based on small pixel pitch rely on complete and mature display technology, and combined with the diversity of digital signage applications, led displays have gradually gained market advantages in the field of digital signage. At the same time, with the development of ultra-high-definition technologies and applications such as Micro/MiniLED, more and more HD pixel pitch led display companies are accelerating their way towards segmented and differentiated markets in order to seek greater development, and digital signage will also become An important support for small pixel pitch led companies "walking on multiple legs".
The development of the industry has caused many screen companies to gradually converge in both technology and product categories. With the update and iteration of screen technology, the led display industry is constantly pursuing high-definition and large screens for almost any type of hardware products. Optimization and upgrading of indicators such as high resolution and high resolution. Therefore, the current solution-based product design ideas and customized application scenarios will become the key to defining terminal led digital signage products.
Driven by the upgrading of networks and the digital age, the functions of led digital advertising poster in the retail and service industries have begun to gradually upgrade from pure advertising and information display. Nowadays, many led advertising posters have functions related to information screening and human-screen interaction, so as to better interact with consumers in more depth and continuously improve consumer satisfaction. Related agencies predict that the compound annual growth rate of advertising machines in the next five years will reach 17.6%.
Since 2020, the national level has vigorously promoted the development of new infrastructure. As an important carrier of urban information carrying and sharing solutions, led screens help improve the efficiency of resource utilization in epidemic prevention and control propaganda, urban transportation, security monitoring rooms, remote office education, etc. , Improve the level of urban management services. Relevant statistics show that with the continuous updating of technology and the maturity of 5G networks, the compound annual growth rate of the led screen market in the next five years will reach 12.7%.
With the acceleration of the digital transformation of the entire society, digital screens have become the main medium to replace paper. From mobile phones to large TVs or large commercial screens, they can be seen everywhere in our lives. Driven by user needs and technological development, the entire digital signage market including commercial led screens will usher in rapid development opportunities.