Global Digital Billboards Market: Size, Insights, Competition, and Forecast (2023-2028)

HOUSTON - March 1, 2023 - PRLog -- The Global Digital Billboards market was valued at USD 18.5 billion in 2021 and is expected to grow at a CAGR of 7% during the forecast period of 2023-2028. The demand for digitised product and service promotion is rising, which is a sign of the market's rapid expansion and a necessity for reaching the target audience successfully. The demand for 4K digital signage displays with embedded software and media players is also rising since they provide consumers with an affordable Ultra HD digital signage solution, which is anticipated to fuel market expansion.

With the development of digital display technologies, information is now delivered in a digitised version that includes video and images to market a product or service. The growth of the sector is being nourished by the development of LED, UHD, OLED, LCD, and super AMOLED. The effectiveness of digital advertisement on the target population has increased as a result of this technological advancement. Therefore, the market for digital billboards will rise faster as a result of the use of such cutting-edge technology in display systems.

Scope of the Report

• The report analyses the Digital Billboards Market by Value (USD Million).
• The report analyses the Digital Billboards Market by Volume (Thousand Units).
• The report presents the analysis of the Digital Billboards market for the historical period of 2018-2021, the base year 2022 and the forecast period of 2023-2028.
• The report analyses the Digital Billboards Market by Type (Dynamic, Automated, Advertising, Interactive).
• The report analyses the Digital Billboards Market By End User Industry (Retail, Entertainment, Transportation, Hospitality, Others).
• The report analyses the Digital Billboards Market By Location (Indoor, Outdoor).
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by component, by vehicle.
• Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include JC Decaux, Capitol Outdoor, Stroer, Outfront Media, Daktronics, TOM Group Ltd., M&C Saatchi, BroadSign International, Talon, Clear Channel Outdoor.

For more Information:

https://www.azothanalytics.com/report/electronics-technology/global-digital-billboards-market

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