Global Digital Signage Market in Education Sector 2017-2021
- Published: Apr 2017
- Pages: 70
- SKU: IRTNTR12426
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This market research study identifies ADFLOW Networks, Cisco Systems, NEC Display Solutions, and Samsung Electronics as the leading players in the global digital signage market in the education sector. A comprehensive analysis of this market is also presented by the component (hardware and software), by end-user (higher education institutions and K-12 schools), and by geography (APAC, Europe, North America, and ROW).
Digital signage market forecast
According to Technavio’s analyst, the global digital signage market in the education sector is anticipated to grow at a steady rate and post a CAGR of more than 10% during the forecast period. The growing necessity for a better communication system will drive the prospects for the global digital signage market growth in education sector until the end of 2021. As a result, digital signage systems are increasingly used in the education sector to deliver messages and notifications events schedules, and announcements such as homecomings, job fairs, extracurricular activities, wayfinding, sports, and charitable activities. In addition, these interactive digital signage systems are highly preferred and deployed in cafeterias and libraries to direct traffic during lunch time and also acts as digital menu boards to display healthy food choices.
Based on the digital signage market statistics, North America accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. The rise in competition in the education system, the increased emphasis from the national governments, and initiatives by the governments of various countries across the globe are some of the major factors responsible for the growth of the market in the region.
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Digital signage industry: Competitive landscape and key vendors
The global digital signage market in the education sector is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly competing against each other based on factors such as quality, technology, and pricing.
Key vendors in this market are
- ADFLOW Networks
- Cisco Systems
- NEC Display Solutions
- Samsung Electronics
Other prominent vendors in the market include BrightSign, Dynamax Technical Services, Eclipse Digital Media, Mvix, and Scala.
Digital signage market in the education sector: Segmentation and analysis by component
The global digital signage hardware segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the market segment's growth is the increasing number of benefits such as the operation of multiple screens through a central PC.
Digital signage market in the education sector: Segmentation and analysis by end user
- Higher education institutions
- K-12 schools
The global digital signage market in the education sector by higher education institutions accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. One of the major factors responsible for the market segment's growth is the increasing trend for conducting training classes for the teachers to understand more about the digital signage software systems, its menu, and other basic parameters.
Key questions answered in the report include
- What will the digital video market size and the growth rate be in 2021?
- What are the key factors driving the global digital signage market in the education sector?
- What are the key market trends impacting the growth of the global digital signage market in the education sector?
- What are the challenges to market growth?
- Who are the key vendors in the global digital signage market in the education sector?
- What are the market opportunities and threats faced by the vendors in the global digital signage market in the education sector?
- What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
- What are the key outcomes of the five forces analysis of the global digital signage market in the education sector?
Technavio also provides customized reports based on the specific requirements of our clients.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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