Report Says Dynamic Digital Signage Displays Increased Nearly 20% in 2016

According to a new report from Berg Insight, a Swedish research firm, global shipments of connected, digital-signage displays are estimated to have grown19.7% to 10.5 million units in 2016. Shipments to North America reached 3.0 million units, the report states.

Market growth was driven by greater demand for digital-signage solutions in all market verticals, technological advancements and a continued decline in prices, the report adds.

Berg Insight forecasts that global shipments of connected digital signs will grow at a compound annual growth rate (CAGR) of 16.7% in the next five years to reach 22.9 million units by 2021. As a result, the number of connected digital signage displays in active use worldwide will grow at a CAGR of 18.3% from an estimated 37.6 million in 2016 to 87.2 million units in 2021.

Berg describes the digital-signage industry as “highly fragmented.”

More details about the research can be found at http://www.berginsight.com/News.aspx?m_m=6&s_m=1

Dynamic Digital Signage Market Estimated at 68.3 Million Units by 2019

Berg Insight states that, at the end of 2014, approximately 25.4 million connected digital screens were in use worldwide. The research strategy group forecasts this number will grow at a compounded annual growth rate (CAGR) of 20.2% to produce 63.8 million units, an approximately 150% increase, by 2019.

The 50-page study includes five-year forecasts. To read more about this, go to http://www.researchandmarkets.com/publication/mfpquyd/digital_signage_m2m_and_iot