This industry comprises establishments primarily engaged in manufacturing signs and related displays of all materials (except printing paper and paperboard signs, notices, and displays).
The global sign manufacturing market was valued at $61.4 billion in 2017. Asia Pacific was the largest geographic region accounting for $29.6 billion or 48.3% of the global market. China was the largest country accounting for $15.2 billion or 24.7% of the global sign manufacturing market.
There is a rise in demand for digital signage due to its better information managing capabilities. Digital Signage is an obscurely administered digital display that is used for sales, marketing or advertisement purposes. Digital Signage enables to easily deploy advertisements and also saves cost and time on logistics and printing materials. Multi-Screen Experience, Streaming Advertisements over IP and Integration of Bluetooth to enable a two way communication are few of the digital signage types that are on the rise.
Companies Covered: Samsung Electronics Co., Ltd., LG Display Co., Ltd., NEC Display Solutions, Sharp Corporation, Planar Systems, Inc.
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