Digital Signage market to grow by $7 Billion by 2024

The new Digital Signage market research report from SpendEdge indicates an incremental growth during the forecast period as the business impact of COVID-19 spreads. As the markets recover SpendEdge expects the Digital Signage market size to grow by USD 7 billion during the period 2020-2024 with the expected CAGR of 5.92%.

The report predicts Samsung Electronics, LG Electronics, Sharp Corporation and Panasonic Corporation to be the top leading suppliers.

Pricing will be the key point for digital signages as value-based pricing and volume-based pricing will matter to the buyers extensively. Interestingly, the market price trends will vary with suppliers moderate bargaining skills as well as optimum benefits and suitability at specific locations, as per the report.

Lastly, the report expects the buyers will have the negotiation lever where they can benchmark their preferred pricing models and prefer relevant pricing levels and models that can help in negotiation.