Luxury Furniture Market Growing At An Estimated CAGR Of 3.7% From 2015 To 2022

Global Luxury Furniture Market is expected to reach USD 28,600.7 million by 2022 growing at an estimated CAGR of 3.7% from 2015 to 2022, according to a new study by Grand View Research, Inc. This expected growth in demand can be ascribed to rapid urbanization and growing demand for home furnishings. 

Additionally, disposable income of individuals in North America and Asia-Pacific region has also witnessed high growth. Thus, increasing disposable income of individuals is acting as a major driver for the industry progress. 

Luxurious products are becoming an essential part of life; as a result, population is ready to spend on luxurious products. This would contribute to drive the sector growth. In addition, increasing disposable income of individuals has led to think regarding the social status, driving the increased spending on products including furniture. 

Full Research Report on Global Luxury Furniture Market Analysis:
http://www.grandviewresearch.com/industry-analysis/luxury-furniture-market

Further key findings from the study suggest:

• Wooden luxury furniture was valued for over USD 5,200 million owing to its higher preference for usage in high class office and home interiors, and wooden furnishings. Presence of several global and local luxury furniture manufacturers present in the sector is also attributive towards larger share of wooden products. 

• Glass is anticipated to witness significant growth in the coming years because of the expected advancements in this segment with respect to manufacturing and incorporation of attractive and stylish designs. 

• Domestic use dominated the sector in terms of revenue generated from end-use segments. Factors that are responsible for such large share of this segment include increased adoption owing to the rise in disposable income and influence of western culture. This segment covers the furniture used in kitchen, living and bedroom, bathroom, outdoor and lighting. 

• Living room registered largest share in the industrial revenue in 2014 because aesthetic value and customization are the notable trends observed in the living and bedroom segment of the luxury furniture industry. 

• Lighting is expected to witness significant progress with a CAGR of over 8% due to available technical development in this sector in order to increase the aesthetic presence of the furnishing in domestic use. 

• Europe was the largest revenue generating region in the luxury furniture industry followed by North America. Asia Pacific region holds a great potential for growth in domestic segment of luxury furniture. High demands for furnishing amenities in hospitality industry coupled with the increasing disposable income in this region are expected to contribute in growth in the regional market. 

• Key participants of the luxury furniture industry include Henredon Furniture Industries Inc., Muebles Pico, Scavolini S.p.a., Laura Ashley Holding Plc, Valderamobili s.r.l, Duresta Upholstery Ltd, Iola Furniture Limited, Nella Vetrina, Giovanni Visentin s.r.l., and Turri S.r.l. 

• Operating entities of this sector are involved in usage of e-commerce platforms to reduce the operating expenses. Use of alternative business models rather than the conventional business models is adopted by the market players in order to maintain their market share. 

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Grand View Research has segmented Global Luxury Furniture Market on the basis of material used, end-use, and region:

Global Luxury Furniture Outlook, By Material (Market Revenue in USD Million, 2012 - 2022 )

• Wood
• Metal
• Glass
• Leather
• Plastic
• Others

Global Luxury Furniture Outlook, by End-use (Market Revenue in USD Million, 2012 - 2022 )

• Domestic use
• Living & Bedroom
• Kitchen
• Lighting
• Outdoor
• Bathroom
• Commercial use
• Hospitality
• Office
• Others

Global Luxury Furniture Regional Outlook (Revenue, USD Million, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• RoW

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-luxury-furniture-market         

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Virtual Reality Market Size Is Projected To Reach $48.5 Billion By 2025 Virtual Reality (VR) Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

Global Virtual Reality (VR) Market is expected to reach USD 48.5 billion by 2025, according to a new report conducted by Grand View Research, Inc. VR technology based Gesture Tracking Devices (GTD) devices find commercial applications in high-performance computers and VR gaming applications. The VR Head Mount Devices (HMD) technology offers a cost-effective and reliable solution to experience immersive virtual experience by means of a smartphone. The consumer electronics application segment would dominate the sector in terms of market size over the forecast period. The growing adoption of medical and consumer electronics based VR applications is anticipated to revolutionize the market by 2025.

Non-mobile VR headsets have their own integrated screens, for example, Oculus Rift, whereas mobile VR headsets use smartphones as the screen, for example, Google Cardboard. Numerous large corporations, such as HTC Corporation and Sony Corporation, are venturing into space. The introduction of commercial VR headsets is expected to accelerate market growth over the next two years.

The market can be categorized based on components into hardware and software verticals. The hardware segment dominated the virtual reality market in terms of the overall market share in 2016. The rising demand for smartphone devices is anticipated to complement the growing VR hardware device sales. The increasing penetration of devices, such as smartphones and tablets, is expected to drive the software segment over the forecast period. The increasing demand for VR applications in the gaming and entertainment segments is expected contribute to the market growth.

Full Research Report on Global Virtual Reality Market Analysis:
http://www.grandviewresearch.com/industry-analysis/virtual-reality-vr-market

Further key findings from the report suggest:

• The semi and fully immersive segment dominated the VR market in 2016 in terms of the overall market share. Immersive VR devices aid users to achieve maximum isolation from the real world dimension into the virtual world.
• The GTD VR hardware includes sensors, processors, and displays. Furthermore, several companies are working on enhancing the quality of sensors and processors used in VR devices.
• In the entertainment and healthcare segments, VR applications can save time and reduce operational costs.
• The North American region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2016.
• The key industry participants include CyberGlove Systems LLC, Barco, Alphabet Inc., HTC Corporation, Oculus VR LLC, and Leap Motion, Inc.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/display-technologies

Grand View Research has segmented the Global Virtual Reality Market based on device, component, technology, application, and region:

VR Device Outlook (Revenue, USD Million; 2014 - 2025)

• Head-Mounted Display (HMD)
• Gesture Tracking Devices (GTD)
• Projectors & Display Walls (PDW)

VR Component Outlook (Revenue, USD Million; 2014 - 2025)

• Hardware
• Software

VR Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Non-Immersive
• Semi & Fully Immersive

VR Application Outlook (Revenue, USD Million; 2014 - 2025)

• Aerospace & Defense
• Commercial
• Consumer Electronics
• Industrial
• Medical
• Other

VR Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• The Middle East & Africa (MEA)

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-virtual-reality-vr-market        

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Battery Market Study Report Provides An Analysis Of The Industry Trends In Each Of The Sub-Segments From 2013-2024

Global Battery Market is expected to reach USD 132.55 billion by 2024, according to a new report by Grand View Research, Inc. Majorly consisting of primary and secondary batteries, the growth will be attributed to growing demand for secondary batteries that are rechargeable on account of rising demand for smart gadgets and electronics such as tablets, smartphone and other portable devices including the digital camera and laptop. 

Technological advancements in terms of cost reduction and enhanced efficiency are expected to open new avenues for the global market over the forecast period. Rising use in aircraft emergency systems in case of non-availability of APU’s for braking, ground operations and restarting the APU is expected to fuel high capacity battery demand. Low cost and high density of lead acid battery will encourage use in an emergency power supply and grid storage applications thus supplementing the market growth. 

Full Research Report On Global Battery Market Analysis: http://www.grandviewresearch.com/industry-analysis/battery-market

Further key findings from the report suggest:

• Li-ion based batteries are expected to emerge as the most dominant segment owing to the growing demand in the automotive industry coupled with portable devices and electric power trains. The auto industry is experiencing high growth in plug-in hybrid and electric vehicles segment which is expected to propel demand. In addition, successful commercialization and lucrative incentives have been encouraging OEMs to introduce new hybrid and electric models in the market.
• Ni–Cd batteries find applications in portables devices such as wireless & cordless telephones and emergency lighting, rising use for which will drive market demand. Growing application scope in railways for emergency braking, locomotive starting, air-conditioning, coach lighting and power for signaling will further propel growth.
• Industrial application accounted for over 30.0% of the global market in 2015. The industrial application includes wheelchairs, golf carts, aviation, satellites, grid storage, forklifts and power tools. Rising energy requirements have resulted in increased use of storage applications on grid and off grid which has directly impacted demand for battery storage systems. Rapid industrialization in emerging economies of Asia Pacific and Latin America will utilize batteries in UPS devices, material handling systems, and power tools thus fueling market demand.
• Asia Pacific dominated the global battery market with revenue over USD 23.00 billion in 2015 on account of the presence of a majority of manufacturers in Japan and South Korea. Budding consumer electronics industry in India, Malaysia, Singapore and Thailand is expected to result in high demand for lithium-ion batteries in the next eight years. Increasing automobile production in India and China is projected to propel demand for lead acid batteries in the near future. In addition, laxity for regulations in these countries regarding automotive emissions and fuel efficiency is expected to provide immense potential for market growth.
• The global industry includes major conglomerates such as Hitachi, Sony, LG, Panasonic and GS Yuasa. Companies are moving towards lithium ion battery manufacturing owing to high potential in consumer electronics and electric vehicle market. Key companies are engaged in manufacturing of batteries with varying capacities suitable for different applications. Automotive Energy Supply Corporation and Panasonic are major shareholders in the lithium-ion electric vehicle segment. In February 2016, Johnson Controls Inc. made investments in its facility in Germany to improve its production capacity.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/power-generation-and-storage

Grand View Research has segmented the Global Battery Market on the basis of product, application and region:

Battery Product Outlook (Revenue, USD Million, 2013 - 2024)

• Lead Acid
• Lithium ion
• Nickel Metal Hydride
• Nickel Cadmium
• Others

Battery Application Outlook (Revenue, USD Million, 2013 - 2024)

• Automobile
• Industrial
• Portable

Battery Regional Outlook (Revenue, USD Million, 22013 - 2024)

• North America     
• U.S.
• Europe     
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• MEA

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-battery-market       

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Cloud Security Industry Outlook By Executive Summary, Market Dynamics, Market Size And Growth Prospects 2014-2024

Global Cloud Security Market is expected to reach USD 13.93 billion by 2024, according to a new report by Grand View Research, Inc. The cloud infrastructure has witnessed a significant growth in recent years and its popularity can be attributed to the on-demand services, scalability and flexibility, and the cost effective solutions it offers to organizations. In addition to the tussle between public and private cloud the emergence of hybrid cloud has given cloud users numerous different platforms and frameworks to choose from. As the adoption of cloud reaches new levels, the security issues concerning cloud users and vendors have come to the forefront.

Increasing threats to data and information stored on the cloud, emphasized by the data breaches of recent years are anticipated to create a greater demand for the cloud security solutions. The industry is also expected to see greater efforts at creation of regulations and compliance laws as the need for an industry-wide standard is eminent. The demand for security services and policy implementation is also expected to increase driving the overall cloud security market.

The dynamic nature of industry may result in increasing adoption of open source platforms, whereas the versatility of data and diverse threat vectors will lead to security-as-a-service offering gaining traction among the vendors as well as the users. The sharing of responsibility between Cloud Service Providers (CSPs) and cloud users for protecting the data will impact the security landscape positively. In addition, technologies such as virtualization, convergence and hybrid cloud are predicted to help in implementing security at different levels of cloud infrastructure.

The increasing sophistication of the hacking techniques and the technological advancement in malicious software is expected to unleash new generation of attacks such as advanced persistent threats (APTs), ransomware, malicious insider, distributed denial of service (DDoS) and zero day threats among others. With growing threats and malicious hackers, industry wide collaborations and partnerships to tackle emerging threats may pave the way for future industry developments.

Full Research Report on Global Cloud Security Market Analysis: http://www.grandviewresearch.com/industry-analysis/cloud-security-market

Further key findings from the report suggest:

• As an increasing number of organizations adopt cloud cyber-attacks and data breaches have increased dramatically with highly sophisticated attacks targeted at confidential data. Last two years have seen many high level data breaches such as the attack on Ashley Madison, Home Depot, Anthem and even some security providers such as Kaspersky Labs.
• Cloud computing has been erasing traditional geographic boundaries with its world wide spread but the changing cloud regulations and government roles may complicate the market. While some countries such as Germany are opting for greater data privacy, other countries are striving for greater visibility in the internet traffic (such as U.S. and France).
• The cloud security is also affected by industry specific regulations such as Health Insurance Portability and Accountability Act of 1996 (HIPPA) for healthcare, Payment Card Industry Data Security Standard (PCI DSS) for financial sector as well as international laws like Safe Harbor Act and European Union Data Protection Directive.
• CA Technologies Inc., Cisco Systems, Fortinet Inc., IBM Corp., Intel Corp., TrendMicro, VMware and Symantec Corp. some of the major industry players in this domain. Other key vendors include BMC Software, Bitium Inc., CloudPassage, Netskope, SkyHigh Networks Inc., Snoopwall Inc., Sophos, and Whitehat Virtual Technologies.
• Key industry players such as CA Technologies, TrendMicro, Symantec Corp., Intel Corp. and IBM Corp. use technological alliances, partnerships and collaborations with other industry players to maintain market competencies.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Cloud Security Market on the basis of application, company size, solution, deployment and region:

Application Outlook (Revenue, USD Million; 2014 - 2024)

• Financial Services
• IT and telecom
• Government
• Education
• Healthcare
• Media and entertainment
• Others

Company Size Outlook (Revenue, USD Million; 2014 - 2024)

• Small and Medium Enterprises
• Large Enterprises

Solution Outlook (Revenue, USD Million; 2014 - 2024)

• Cloud IAM
• Cloud Email Security
• Cloud IDS/IPS
• Cloud DLP

Deployment Outlook (Revenue, USD Million; 2014 - 2024)

• Public
• Private
• Hybrid

Regional Outlook (Revenue, USD Million; 2014 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil

Middle East & Africa (MEA)

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-cloud-security-market      

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Elemental Analysis Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

Global Elemental Analysis Market is expected to reach USD 2.02 billion by 2025, growing at a CAGR of 6.2%, according to a new report by Grand View Research, Inc. The market is primarily driven by amendments in the ICH (International Council for Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human Use) regulations that mandate use of elemental analysis for finished medical products, including pharmaceuticals.

Many manufacturers of elemental analyzers invest in R&D of new and technologically advanced products. In addition to their expenses for R&D, many key players launched new products in the market in the past 3 years. For instance, in May 2016, Agilent Technologies launched Agilent 5110 ICP-OES, which was designed to enable scientists perform fast and precise elemental analysis of pharmaceuticals and food products along with mining, industrial, and environmental analysis.

In addition, in many countries, the limit of heavy metals/trace elements is regulated by their respective pharmacopeias. For instance, United States, Japanese, and European pharmacopeias limit the amount of trace elements in finished pharmaceutical products. Furthermore, elemental analysis is a crucial step before commercial launch of a medical product in the market.

North America held the largest market share in 2016. Local presence of large number of manufacturers, regulation of limits of trace elements/heavy metals by United States Pharmacopeia (USP), and ongoing research for development of new products are major factors responsible for the largest share held by this region. However, Asia Pacific is likely to grow at the highest rate between 2017 and 2025. Rise in interest of market players to expand their business in Asia Pacific, growing awareness on safety of pharmaceuticals, and increase in expenditure by local pharmaceutical companies on elemental analyzers are factors that can be attributed for the highest growth rate of Asia Pacific region during the forecast period.

Full Research Report on Global Elemental Analysis Market Analysis: http://www.grandviewresearch.com/industry-analysis/elemental-analysis-market

Further Key Findings From the Report Suggest:

• The inorganic elements segment held the largest revenue share in 2016 due upcoming mandates for elemental analysis in medical products
• Nondestructive technologies held the largest revenue share of the market, by technology, in 2016. Retention of sample after analysis and high precision rate can be the key factors for largest share of this segment
• North America dominated the global market due to presence of USP regulations that limit the amount of heavy metals/trace elements

• Some of the key players arePerkinElmer, Inc.; Thermo Fisher Scientific, Inc.; Agilent Technologies, Inc.; Shimadzu Corporation; and Analytik Jena AG; among others

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research, Inc. has segmented the Global Elemental Analysis Market on the basis of type of elements analyzed, technologies used, and region:

Elemental Analysis Type of Elements Outlook (Revenue, USD Million, 2014 - 2025)

• Organic Elements
• Inorganic Elements

Elemental Analysis Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Destructive Technologies
• ICP-MS
• ICP-OES
• Combustion Analysis
• Other destructive technologies
• Nondestructive Technologies
• XRF
• FTIR
• Other nondestructive technologies

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-elemental-analysis-market     

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Field Service Management (FSM) Market Analysis Report Forecasts Revenue And Volume Growth At Global, Regional And Country Levels 2014-2025

Global Field Service Management (FSM) Market is expected to reach USD 4.16 billion by 2025, according to a new report conducted by Grand View Research, Inc. Various other factors such as improper management of inventory, increased inventory cycle time, increased holding cost, increased ordering cost and incorrect information about the stock further increase the cost of business operations. FSM software helps to fortify the functionality of the service industry while improving overall profitability.

The main forces which are driving the market include the increase in number of field operations across manufacturing, oil & gas and construction sector., increase in the use of smartphone devices, and rising demand for better organizational efficiency and reduced cost of operations. The advancement of cloud services, supports the integration of cloud to the FSM software. This is expected to surge the FSM market growth over the next nine years. Over the forecast period, most of the end use industries are expected to deploy the FSM software on the cloud rather than on the premise.

The global field service management market is anticipated to witness a high growth over the forecast period. The high presence of smartphones and tablets are playing an important role in the overall growth of the FSM industry globally. FSM solutions are also compatible with next generation smartphone operating systems, further boosting their importance across the competitive landscape.

Full Research Report on Global Field Service Management (FSM) Market Analysis: http://www.grandviewresearch.com/industry-analysis/field-service-management-market

Further key findings from the report suggest:

• The mobile field execution solution provided by the FSM software is the most preferred solution by the end use industries which helps in execution and maintenance of field work by technicians, reporting status, receiving alerts, gain visibility to individual performance.
• Most of the end use industries such as utilities, healthcare, IT among others are moving from on-premise deployment to cloud deployment of the FSM software as it enables faster deployment speeds and reduces upfront costs.
• As compared to the small and medium enterprises, the large enterprises are increasingly adopting the FSM software for the management of large on field technicians and employees who work on field.
• The FSM software is being increasingly adopted across the construction industry due to the rapid industrialization and increasing population particularly in developing countries such as China and India.
• The FSM market is in the developing stage in the regions of Asia-Pacific, Middle East & Africa, and Latin America due to their increase in investment in IT sector and increased focus on digital workplace transformation initiatives.
• The key purveyors in this industry comprise Accenture, Cisco Systems, Astea International, Inc., Comarch, ClickSoftware Technologies, Klugo, Infor, SAP, ServiceMax, Trimble Navigation Limited, among others.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the Global Field Service Management (FSM) Market on the basis of solution, deployment, service, enterprise, application and region:

Field Service Management Solution Outlook (Revenue, USD Million; 2014 - 2025)

• Mobile Field Execution
• Service Contract Management
• Warranty Management
• Workforce Management
• Customer Management
• Inventory Management
• Others

Field Service Management Deployment Outlook (Revenue, USD Million; 2014 - 2025)

• On-premise
• Cloud

Field Service Management Service Outlook (Revenue, USD Million; 2014 - 2025)

• Implementation
• Training & support
• Consulting & advisory

Field Service Management Enterprise Outlook (Revenue, USD Million; 2014 - 2025)

• Small & medium enterprises
• Large enterprises

Field Service Management Application Outlook (Revenue, USD Million; 2014 - 2025)

• Energy & Utilities
• Telecom
• Manufacturing
• Healthcare
• BFSI
• Construction & Real Estate
• Transportation & Logistics
• Others

Material Handling Equipment Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-field-service-management-fsm-market     

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Digital Signage Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2014-2025

Global Digital Signage Market is predicted to attain USD 31.71 billion by 2025, as per a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 7.9% over the forecast period, owing to increasing demand from end-use industries, which prominently include retail and healthcare, is anticipated to propel the industry growth over the forecast period.

The creation and distribution of content with digital signage are the effective promotional strategies for the enterprises, as they are able to reach out to a larger audience base. This is anticipated to spur the adoption of digitized marketing via signage across the corporate and hospitality sectors. Greater screen sizes, such as above 52-inch displays, are likely to gain popularity over the forecast period.

Digital displays with 4K technology address the growing demand for sharp images. Software providers have been targeting new entrants by designing solutions compatible with Android OS. The emergence of IoT, coupled with increasing adoption of cloud computing, is expected to enable the collection of vital operational and marketing data. Digital signage help companies decrease their long-term operational costs by reducing the use of paper for advertising. Furthermore, the incorporation of LED-backlit panels has resulted in considerable energy savings.

Digital displays equipped with 4K technology have high demand as they offer enhanced sharp images for displays. Thus, the demand for advertising content with better sharpness and enhanced quality is fueling the adoption of digital signage. The adoption of advanced display technologies is therefore likely to propel the market growth.

Furthermore, the software providers are focusing on the new entrants of the digital signage industry by providing design solutions that are compatible with the Android operating systems. The use of digital signage helps in optimizing and reducing the company’s long-term operational spending. This drop in the operational expenditure is due to avoiding the use of paper for advertisement purposes and frequent damages and changes that are associated with the traditional marketing activities.

The incorporation of LED-backlit panels has led to additional energy savings at a considerable level. Thus, the reduction in energy consumption due to the adoption of advanced technologies, such as LED, in digital signage is luring the enterprises to opt for digital signage.

Full Research Report on Global Digital Signage Market Analysis:
http://www.grandviewresearch.com/industry-analysis/digital-signage-market

Further key findings from the study suggest:

• LCD digital signage dominated the global display market in 2016 and accounted for the largest market share, owing to the decline in prices and benefits provided by the LCD technology
• Retail accounted for over 40% of the total revenue in 2015 and is projected to remain the highest revenue-generating segment over the next eight years
• The healthcare sector has significant potential as hospitals have increasingly incorporated digital signage for numerous purposes such as sharing important registration information, display notifications, and conveying wellness tips for improving health of patients
• The transparent LED screen segment is anticipated to exhibit significant growth, owing to LED screens’ energy-efficient performance capabilities
• The hardware segment, which includes 8K and 4K-UHD displays, is projected to dominate the component segment
• The North American region accounted for the largest market share in 2016, owing to the heavy demand of digital signage across various application sectors, on account of technological advancements and the modern customer base
• The Asia-Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for better viewing experience, growing transportation sector, and decreasing prices of display panels
• The out-store segment is anticipated to witness considerable growth over the forecast period due to the surging demand for out-store applications

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/display-technologies

Grand View Research has segmented the Global Digital Signage Market based on types, components, technologies, applications, locations, content categories, sizes, and regions:

Digital Signage Type Outlook (USD Million; 2014 - 2025)

• Video walls
• Video screens
• Transparent LED screens
• Digital posters
• Kiosks
• Others

Digital Signage Component Outlook (USD Million; 2014 - 2025)

• Hardware
• Software
• Services

Digital Signage Technology Outlook (USD Million; 2014 - 2025)

• LCD
• LED
• Projection

Digital Signage Application Outlook (USD Million; 2014 - 2025)

• Retail
• Corporate
• Banking
• Healthcare
• Education
• Transportation

Digital Signage Location Outlook (USD Million; 2014 - 2025)

• In-store
• Out-store

Digital Signage Content Category Outlook (USD Million; 2014 - 2025)

• News
• Weather
• Sports
• Health & Wellness
• Vertically Oriented Content

Digital Signage Size Outlook (USD Million; 2014 - 2025)

• Below 32 inches
• 32 to 52 inches
• More than 52 inches

Digital Signage Regional Outlook (USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• Middle East & Africa

View Blog On This Report by Grand View Research: http://www.grandviewresearch.com/blog/digital-signage-a-better-alternative-to-print-advertising                          

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit: www.grandviewresearch.com