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The digital signage software market will exceed $7 billion by 2032 thanks to an annual growth rate of 21.3%, according to “Digital Signage Software Market,” a report by digital signage tech firm 22Miles in partnership with Emergen Research.
Covering North America, Europe and Asia Pacific markets, the report found the corporate applications vertical to be the largest subset at 21%, followed by retail, education, restaurants, healthcare and other (17%, 14%, 12%, 11% and 26%, respectively).
The report found North America forming the largest market overall at more than 40% (though Europe is the fastest-growing market, with annual growth predicted at 17.3%).
“Innovations in CMS solutions are accelerating digital signage adoption at a dizzying pace,” Thuy LeDinh, director of product marketing at 22Miles, said in a press release about the study. “We partnered with Emergen to give our integrator partners a comprehensive understanding of the digital signage software landscape so they can capitalize on the opportunity,” said Thuy LeDinh, Director of Product Marketing for 22Miles. “This study will give solution providers the data they need to scale their portfolios, establish benchmarks, validate sales objectives, and evaluate their own pricing and service strategies to serve a range of customers and projects.”
The full report is available for viewing and download (provided by 22Miles).
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