Key Highlights
- The global digital signage market size was valued at approximately USD 19.6 billion in 2020 and is expected to reach USD 29.6 billion by 2026
- 70% of consumers have used digital signage as a source of information about products or services
- Retail companies allocate an average of 8% of their marketing budget to digital signage
- 55% of consumers say digital signs influence their purchase decisions
- 60% of digital signage users report an increase in sales after implementation
- Digital signage can increase brand awareness by up to 47%
- 49% of consumers say digital signage content influences their buying decisions
- The average dwell time around digital signage displays is approximately 4.8 minutes
- Over 80% of digital signage networks are installed in retail environments
- 78% of consumers say digital signage catches their attention better than static signage
- The use of 4K digital signage displays is projected to grow at a CAGR of 20% by 2025
- The global digital signage digital-out-of-home (DOOH) advertising market is projected to reach USD 27 billion by 2024
- 65% of consumers say digital signage improves their shopping experience
With the digital signage market expected to soar to nearly $30 billion by 2026 and over 80% of networks installed in retail environments, it’s clear that this dynamic technology is transforming consumer engagement—boosting sales, enhancing brand awareness, and redefining the shopping experience.
Content and Engagement
- Digital signage videos have an average engagement rate of 77%, higher than static displays
- 68% of digital signage content is programmed to change based on time of day or customer demographics
- Interactive digital signage increases engagement by up to 75%
- 28% of digital signage content is dedicated to promotional offers and discounts
- The average viewer retention rate for digital signage videos is approximately 82%, compared to 55% for static images
- 65% of digital signage content is designed for multilingual audiences, accommodating diverse populations
- 69% of digital signage content is updated in real-time to reflect current events, promotions, or weather conditions
- Digital signage in education settings is associated with increased student engagement by 30%
Content and Engagement Interpretation
Industry Applications
- 34% of digital signage is used in transportation, including airports and transit stations
- 46% of digital signage deployments are in hospitality environments, including hotels and restaurants
- Digital signage can help decrease perceived wait times in retail and hospitality environments by up to 35%
- Over 65% of digital signage is used in hotels for concierge and informational purposes
Industry Applications Interpretation
Market Adoption and Usage
- 70% of consumers have used digital signage as a source of information about products or services
- Retail companies allocate an average of 8% of their marketing budget to digital signage
- 55% of consumers say digital signs influence their purchase decisions
- 60% of digital signage users report an increase in sales after implementation
- Digital signage can increase brand awareness by up to 47%
- 49% of consumers say digital signage content influences their buying decisions
- Over 80% of digital signage networks are installed in retail environments
- 78% of consumers say digital signage catches their attention better than static signage
- The use of 4K digital signage displays is projected to grow at a CAGR of 20% by 2025
- 65% of consumers say digital signage improves their shopping experience
- 89% of digital signage networks are managed remotely
- The majority of digital signage content is created in-house by organizations, about 60%, rather than outsourced
- Retail digital signage can increase average transaction size by 15%
- The leading industries adopting digital signage are retail (72%), hospitality (46%), healthcare (30%), and transportation (34%)
- 87% of digital signage networks have integrated social media content to enhance engagement
- 54% of digital signage viewers visit the advertised location within one day after viewing the display
- The use of LED digital signage displays increased by 40% in the past three years, especially in outdoor advertising
- Digital signage in healthcare settings can reduce patient wait times by up to 25%
- 74% of digital signage displays are now interactive, including touchscreens and sensors, enhancing user experience
- 42% of digital signage network operators invest in AI-driven content personalization, improving relevance
- 82% of organizations believe digital signage enhances customer experience
- The average digital signage network has over 100 displays connected, indicating extensive deployment in large venues
- The use of facial recognition technology in digital signage is projected to grow at a CAGR of 25% through 2028
Market Adoption and Usage Interpretation
Market Trends and Economics
- The global digital signage market size was valued at approximately USD 19.6 billion in 2020 and is expected to reach USD 29.6 billion by 2026
- The average dwell time around digital signage displays is approximately 4.8 minutes
- The global digital signage digital-out-of-home (DOOH) advertising market is projected to reach USD 27 billion by 2024
- 45% of marketers plan to increase their digital signage budgets in the next year
- 53% of digital signage content is updated weekly
- The most common digital signage screen size is 55 inches, used in over 40% of deployments
- 62% of digital signage content is designed for mobile viewing, considering the rise in smartphone usage
- The global digital signage software market was valued at USD 4 billion in 2020 and is projected to grow at a CAGR of 8.2% through 2027
- The average cost of digital signage content management software is around USD 50-$150 per month per license
- Digital signage advertising revenue is projected to surpass USD 23 billion worldwide by 2024
- 90% of digital signage content is optimized for digital devices, considering the user interfaces of smartphones and tablets
Market Trends and Economics Interpretation
Technologies and Equipment
- The average age of digital signage hardware is approximately 3-5 years
- The average cost for a digital signage display is around USD 2,500, with high-end models exceeding USD 10,000
- The average lifespan of digital signage screens is about 60,000 hours of operation, roughly 7 years of continuous use
Technologies and Equipment Interpretation
Sources & References
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