Denmark Digital Signage Market Size Stands at $ 271 Million
Growing focus towards digitalization, increasing
outdoor advertisement spending by companies coupled with government initiatives
towards use of digital signage to propel digital signage market in Denmark
through 2024
According to
TechSci Research report, “Denmark
Digital Signage Market By Component, By Application, By End User Sector, By
Region, Competition, Forecast & Opportunities, 2024”, Denmark digital signage market is estimated to reach $ 271
million in 2019 on account of the growing use of digital signages for outdoor
advertising to make marketing more effective and appealing to customers.
Moreover, ongoing trend of interactive kiosks set-up by various end user
industries such as BFSI, retail, hospitality, among others are propelling the
growth of digital signages in the country. Advancements in the display
technologies like LED and OLED enhances the quality of the advertisement or
digital postal, which is anticipated to positively influence the market growth
through 2024.
Browse 23
market data Tables and Figures spread through 70 Pages and an in-depth TOC on "Denmark Digital Signage Market"
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Denmark digital
signage market can be segmented based on component, application, end user
sector, company and region. In terms of component, market can be segregated
into display, media player, software and content. Display segment accounted for
the largest share in 2018 on the back of growing popularity of 4K and 8K
displays. Key players operating in the market include Samsung
Electronics Nordic AB, LG Holding A/S, NEC Scandinavia AB, Sony Nordic A/S,
Toshiba TEC Nordic, Panasonic Danmark, Sharp Danmark A/S, Philips Danmark A/S,
MultiQ Denmark A/S, among others. The companies operating in the market are
investing in organic strategies like research & development so that they
can provide quality digital signages at affordable prices. Additionally, these
companies are looking forward towards deployment of an all-in-one software
solution so that there is no need for third party content creation and scheduling
for interactive electronic displays.
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“Government initiatives such as World-Class Digital Service (WCDS) are boosting
the adoption of digital technologies in both public and private sectors across
the country. In addition to malls and other retail outlets, hospitality sector
is also moving towards implementing digital signage technology in Denmark. While
high deployment costs still remain a concern for the market, the benefit
associated with digital signages is expected to significantly outweigh the above
mentioned concerns in the long run.”, said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Denmark Digital Signage Market By Component, By
Application, By End User Sector, By Region, Competition, Forecast &
Opportunities, 2024” has evaluated
the future growth potential of Denmark digital signage market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Denmark digital signage market.
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