Market Forecast by Countries (United States, Canada), By Type (Video Walls, Video Screen, Digital Poster, Kiosks, Others), By Component (Hardware, Software, Service), By Location (In-Store, Out-Store), By Content Category (News, Weather, Sports, Health and Wellness, Vertically Oriented Content), By End User (Retail, Hospitality, Entertainment, Stadiums and Playgrounds, Corporate, Banking, Healthcare, Education), By Size (Below 32 Inches, 32 To 52 Inches, More Than 52 Inches), By Application (Indoor Application, Outdoor Application), By Display Technology (2-D Display, 3-D Display) And Competitive Landscape
Product Code: ETC405208 | Publication Date: Aug 2022 | Updated Date: Aug 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | North America Liquid Crystal Display (LCD) Digital Signage Market |
Forecast period | 2024-2030 |
CAGR | 8% |
Growing Sector | Retail |
The North America Liquid Crystal Display (LCD) Digital Signage Market report thoroughly covers the market by Countries, Display Technology, Component, Application, Location, Content Category, Size, and End-User. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North American market for Liquid Crystal Display (LCD) digital signage is expected to grow remarkably between 2024-2030. This growth can be attributed to advancements in technology, increasing demand from industries such as retail and healthcare, and the ability of LCD digital signage to provide immersive and engaging experiences for customers.
According to 6Wresearch, the North America Liquid Crystal Display (LCD) Digital Signage Market size is expected to grow at a significant CAGR of 8% during 2024-2030. One of the main drivers of the North America liquid crystal display (LCD) digital signage market is the increasing adoption of this technology by various industries. With businesses and organizations increasingly focusing on improving customer experience, LCD displays have become a popular tool for delivering engaging and interactive content to customers. Additionally, the growing demand for personalized advertising and information dissemination has also fueled the growth of the LCD digital signage market in North America. These displays offer flexibility in terms of customization and can be easily updated with new content, making them an attractive option for businesses looking to stay relevant and up-to-date with their messaging.
However, there are also challenges that the market faces. One major challenge is the high initial cost of installing LCD digital signage systems, which prevents smaller businesses from investing in them. Additionally, with the rapidly evolving technology landscape, there is a constant need to stay updated and invest in newer and more advanced displays, which can be a financial burden for some organizations. Another challenge is the potential security risks associated with these displays, as they are connected to networks and vulnerable to hacking or data breaches.
The North American market for liquid crystal display (LCD) digital signage is highly competitive with the presence of several key players. Some of the leading players in this market include Samsung Electronics Co., Ltd., LG Electronics Inc., Sharp Corporation, NEC Display Solutions, and Sony Corporation. These companies are continuously investing in research and development to introduce innovative products and stay ahead of the competition. They also focus on strategic partnerships and collaborations to expand their product portfolio and geographic reach.
The North American governments have been actively promoting the use of digital signage in various industries by implementing several initiatives. The U.S. government has launched a program called the Digital Signage Technology Initiative to encourage the adoption of digital signage in public places such as airports, transit stations, and hospitals. This initiative aims to enhance communication and improve efficiency in these locations. In Canada, the government has implemented regulations for energy efficiency standards for electronic devices, including digital signage displays. These standards aim to reduce energy consumption and promote sustainability in the industry.
The North America liquid crystal display (LCD) digital signage market is expected to witness significant growth in the coming years. Factors such as increasing demand for digital displays in retail, hospitality, and transportation sectors, technological advancements, and rising investments in digital advertising are driving the market growth. The trend towards interactive and personalized digital signage solutions is also contributing to the market expansion. Moreover, with the rise of e-commerce and online shopping, there is a growing need for retailers to provide an enhanced in-store experience. This has led to the adoption of digital signage as a means of attracting customers and promoting products.
According to Ravi Bhandari, Research Head, 6Wresearch, video walls and video screens are expected to have significant growth due to their ability to display dynamic content and capture consumer attention.
The hardware segment is expected to dominate the market as it includes key components such as displays, media players, and mounting hardware.
In-store digital signage is witnessing strong growth due to its ability to enhance customer experience and increase sales.
The retail sector is expected to dominate the market due to the increasing use of digital signage for advertising and product promotions.
Based on the Application, the Indoor segment is witnessing significant growth due to its versatility and ability to display content in various settings such as retail stores, corporate offices, and educational institutions.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Liquid Crystal Display Lcd Digital Signage Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume, 2020 & 2030F |
3.3 North America Liquid Crystal Display Lcd Digital Signage Market - Industry Life Cycle |
3.4 North America Liquid Crystal Display Lcd Digital Signage Market - Porter's Five Forces |
3.5 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By Component, 2020 & 2030F |
3.8 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By Location, 2020 & 2030F |
3.9 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By Content Category, 2020 & 2030F |
3.10 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By End User, 2020 & 2030F |
3.11 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By Size, 2020 & 2030F |
3.12 North America Liquid Crystal Display Lcd Digital Signage Market Revenues & Volume Share, By Form, 2020 & 2030F |
4 North America Liquid Crystal Display Lcd Digital Signage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Liquid Crystal Display Lcd Digital Signage Market Trends |
6 North America Liquid Crystal Display Lcd Digital Signage Market, 2020 - 2030 |
6.1 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Type, 2020 - 2030 |
6.2 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Component, 2020 - 2030 |
6.3 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Location, 2020 - 2030 |
6.4 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Content Category, 2020 - 2030 |
6.5 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By End User, 2020 - 2030 |
6.6 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Size, 2020 - 2030 |
6.7 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Application, 2020 - 2030 |
6.8 North America Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Display Technology, 2020 - 2030 |
7 United States Liquid Crystal Display Lcd Digital Signage Market, 2020 - 2030 |
7.1 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Type, 2020 - 2030 |
7.2 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Component, 2020 - 2030 |
7.3 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Location, 2020 - 2030 |
7.4 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Content Category, 2020 - 2030 |
7.5 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By End User, 2020 - 2030 |
7.6 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Size, 2020 - 2030 |
7.7 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Application, 2020 - 2030 |
7.8 United States Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Display Technology, 2020 - 2030 |
8 Canada Liquid Crystal Display Lcd Digital Signage Market, 2020 - 2030 |
8.1 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Type, 2020 - 2030 |
8.2 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Component, 2020 - 2030 |
8.3 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Location, 2020 - 2030 |
8.4 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Content Category, 2020 - 2030 |
8.5 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By End User, 2020 - 2030 |
8.6 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Size, 2020 - 2030 |
8.7 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Application, 2020 - 2030 |
8.8 Canada Liquid Crystal Display Lcd Digital Signage Market, Revenues & Volume, By Display Technology, 2020 - 2030 |
9 North America Liquid Crystal Display Lcd Digital Signage Market Key Performance Indicators |
10 North America Liquid Crystal Display Lcd Digital Signage Market - Opportunity Assessment |
10.1 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Countries, 2020 & 2030F |
10.2 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Type, 2020 & 2030F |
10.3 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Component, 2020 & 2030F |
10.4 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Location, 2020 & 2030F |
10.5 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Content Category, 2020 & 2030F |
10.6 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By End User, 2020 & 2030F |
10.7 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Size, 2020 & 2030F |
10.8 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Application, 2020 & 2030F |
10.9 North America Liquid Crystal Display Lcd Digital Signage Market Opportunity Assessment, By Display Technology, 2020 & 2030F |
11 North America Liquid Crystal Display Lcd Digital Signage Market - Competitive Landscape |
11.1 North America Liquid Crystal Display Lcd Digital Signage Market Revenue Share, By Companies, 2020 |
11.2 North America Liquid Crystal Display Lcd Digital Signage Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |