By: M4G Bureau
Last updated : June 02, 2020 9:58 am
The changing relationship between China and the rest of the world will influence competition and opportunities in the Digital Signage Systems market
Hardware companies will have to align with the “New Normal” as the industry will reset, going forward in the post-Covid era. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.9% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$311.6 Million to the region's size over the next 7 to 8 years. In addition, over US$306.7 Million worth of projected demand in the region will come from Rest of European markets.
In Japan, the Hardware segment will reach a market size of US$573 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China.
Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Digital Signage Systems market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 10% over the next couple of years and add approximately US$2.7 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Digital Signage Systems market landscape.