Denmark digital signage market was valued USD271 million in 2019 and is projected to grow at CAGR over 7% in the forecast period. Growth in the market is driven by usage of new digital signage technologies such as 3D digital signages, video wall and volumetric displays across the country. Moreover, increasing number of malls, hotels, etc., in the country are further expected to fuel demand for digital signages over the coming years.
Digital signage market in Denmark can be segmented based on component, application, end user sector, region and company. In terms of component, display segment dominated the market in 2020 and the trend is expected to continue until 2026. This is due to technological advancements in the display technology and declining cost of LED or LCD displays. Based on application, indoor is the leading segment in the digital signage market as it is the preferred signage type in retail stores, restaurants, airports, stadium and others.
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Additionally, indoor digital signage does not require waterproofing compared to an outdoor signage, aiding in reducing the overall cost as well. Based on end user sector, market can be segmented into retail, government and transportation, financial institutions, hospitality and others. Retail is the dominant end user sector in the digital signage market of Denmark as this sector requires heavy advertising and marketing for selling products and services.
Key players operating in Denmark digital signage 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.
Denmark digital signage market was valued USD271 million in 2019 and is projected to grow at CAGR over 7% in the forecast period. Growth in the market is driven by usage of new digital signage technologies such as 3D digital signages, video wall and volumetric displays across the country. Moreover, increasing number of malls, hotels, etc., in the country are further expected to fuel demand for digital signages over the coming years.
Digital signage market in Denmark can be segmented based on component, application, end user sector, region and company. In terms of component, display segment dominated the market in 2020 and the trend is expected to continue until 2026. This is due to technological advancements in the display technology and declining cost of LED or LCD displays. Based on application, indoor is the leading segment in the digital signage market as it is the preferred signage type in retail stores, restaurants, airports, stadium and others.
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https://www.techsciresearch.com/sample-report.aspx?cid=4347
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For More Information Visit:
https://www.techsciresearch.com/report/denmark-digital-signage-market/4347.html
Additionally, indoor digital signage does not require waterproofing compared to an outdoor signage, aiding in reducing the overall cost as well. Based on end user sector, market can be segmented into retail, government and transportation, financial institutions, hospitality and others. Retail is the dominant end user sector in the digital signage market of Denmark as this sector requires heavy advertising and marketing for selling products and services.
Key players operating in Denmark digital signage 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.