The digital signage market will reach $44.84 billion by 2030, according to a press release by Straits Research. It will also grow at a compound annual growth rate of 11.2% from 2022 to 2030.
North America currently holds the largest market share and will see 11.2% CAGR growth, while Europe will grow at a CAGR of 10.6%. Asia-Pacific is the fastest growing market.
Other findings include:
- The software market will grow by 11.4%.
- The installations services market will grow by 10.9%.
- The retail segment has the largest market share and will grow by 11.2%.