The hardware segment, which includes displays and media players, is anticipated to dominate the market throughout the forecast horizon as users remain keen on adopting different types of displays. Transparent LED screens, based on display type, are projected to witness the highest CAGR during the forecast period as the high level of transparency and resolution offered by them proves to be lucrative for advertisers. It is estimated to retain its position through 2028, as there is high competition in the industry, which augments the need for innovative advertising mediums The retail industry was the most prominent application segment in the market in 2021. 
The LCD segment, on the basis of display technology, accounted for the largest revenue share in 2021 owing to lower manufacturing costs and benefits associated with the LCD technology. Intel Corporation Microsoft Corporation BrightSign, LLC Keywest Technology, Inc. Some of the prominent companies operating in the market are Cisco Systems, Inc. are some of the raw material providers in U.S. Thermal Conservation Technologies va-Q-tec AG and Thermal Visions, Inc. These are manufactured using core materials such as silica or fiberglass in a multilayer polymer or vacuum aluminized coating. Insulating materials used in cold chain packaging include expanded or extruded polystyrene, polyurethane, and polyethylene. Raw material suppliers in the cold chain packaging market supply primary materials required for producing isolated containers, in addition to other packaging components. The Midwest region is projected to exhibit the highest growth rate during the forecast period owing to burgeoning sales of digital signage in multiple verticals of various states. It is estimated to remain the highest revenue-generating regional market until 2030. The West region accounted for the largest share in the market in 2021. A decrease in energy consumption owing to the adoption of enhanced technologies, which includes LED, is attracting enterprises to elect for digital signage. In addition, a combination of LED-backlit panels is resulting in substantial energy savings. The operational cost of companies is reduced by cutting down the use of paper for advertisement and deviating from traditional marketing activities. They are particularly offering cloud-based design solutions that can aid in managing advertising content being displayed on digital signage. Providers of design solutions are targeting new entrants to the digital signage market with solutions compatible with different operating systems. Digital signage above 52 inches are poised to gain popularity over the forecast period as advertisers are increasingly preferring outdoor advertising.īesides, software providers are engaged in providing design solutions that are compatible with multiple operating systems to new entrants to the digital signage industry. Rising demand for 4K embedded digital displays is addressing an increase in the need for enhanced sharp images. The growing adoption of digital signage is due to the increasing demand for advertising content with enhanced quality and better sharpness. Furthermore, the increasing demand for digital signage solutions from the industries such as healthcare, transportation, hospitality, and retail, is likely to propel market growth over the forecast period. Advancements in display technology are also likely to drive the market. The demand for digital signage is expected to increase as advertisers, enterprises, and corporates are increasingly adopting digital signage to promote and distribute content. digital signage market size is anticipated to reach USD 9.2 billion by 2030 and is expected to expand at a CAGR of 6.3% from 2022 to 2030 Digital Signage Market Size, Share, & Trends Analysis Report by Component, by Hardware Components, by Display Type, by Display Technology, by Display Size, by Software, by Application, by Location, by Region, and Segment Forecasts, 2022-2030" report has been added to 's offering.
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