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Home » Semiconductor and Electronics » Smart LED Indoor Signage Market Size, Share, Trends, and Forecast 2024-2032

Smart LED Indoor Signage Market By Type (Single Color Display, Full Color Display); By Display Technology (Surface-Mounted Devices (SMD), Chip-On-Board (COB)); By Size (Below 32 Inches, 32 to 55 Inches, Above 55 Inches); By End-User (Retail, Hospitality, Corporate, Transportation, Healthcare, Education); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: SEP-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 74274735

The smart LED indoor signage market was worth USD 3.8 billion in 2023 and will be worth USD 8.4 billion by 2030, growing at a CAGR of 9% during the forecast period.

 

The global smart LED indoor signage market is spurred by the development of digital, innovative advertising, increasing consumer interaction, and smart retailing applications. The digital signage market worldwide is growing at more than 10% per annum, and therefore, smart LED signs are on the rise as they provide real-time updates, dynamic content, and interactive content. For instance, smart LED signage implemented in retail stores and shopping malls provides targeted, flexible advertising and sales promotions according to shoppers’ behavior and/or age, thus enhancing massively marketing efficiencies. Recent advancements include the use of Artificial Intelligence and IoT in the signage control system, enabling real-time data analysis and controllable content creation, hence making LED signage an essential tool in key sectors such as retail, hospitality, and transportation. Furthermore, there is a continuous enhancement of its energy efficiency as smart LED signs have lower operational costs and longer life cycles, thus directly influencing the market.

 

One of the largest platforms of development in the smart LED indoor signage market is the growth of interactive and artificial intelligence-based indoor signage, especially in the retail and hospitality businesses. The global retail industry is expected to grow at more than 5% year-on-year, and as a result, retailers are embracing smart LED signs so that they can provide customers with even better content matter. For instance, smart screens, installed in shops, may interest the clients by offering real-time promotions or products based on the data from the IoT sensors. The latest type is the combination of AI with smart signage, which can change the contents depending on the numbers and types of viewers or their ages and genders in commercial buildings like malls and airports. Furthermore, by developing efficient LED lighting, navigation systems have become more affordable regarding operational cost thus enabling business establishments to incorporate smart, responsive indoor signs.

 

/smart-led-indoor-signage-market-infographics

 

Market Segmentation

By Type:

  • Single Color Display

  • Full Color Display

 

By Display Technology:

  • Surface-Mounted Devices (SMD)

  • Chip-On-Board (COB)

 

By Size:

  • Below 32 Inches

  • 32 to 55 Inches

  • Above 55 Inches

 

By End-User:

  • Retail

  • Hospitality

  • Corporate

  • Transportation

  • Healthcare

  • Education

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

North America holds a significant share of the smart LED indoor signage market due to a strong demand from the retail and corporate as well as transportation industrious, especially in the U. S and Canada. The U.S. is a leading adopter of digital signage solutions, with over 70% of businesses in retail and hospitality incorporating smart LED displays to enhance customer engagement. The region's focus on personalized and interactive advertising is accelerating the deployment of advanced LED signage in shopping malls, airports, and corporate spaces. Recent developments include the integration of AI and machine learning into smart signage, allowing businesses to dynamically tailor content based on real-time customer data. Furthermore, major retailers in North America have also shifted toward energy-efficient customizable LED signage systems, thus strengthening the overall growth of this market as companies strive to find innovative ways of optimizing their operations and engaging customers.

 

Key Players

  • NEC Corporation

  • Sharp Corporation

  • Panasonic Corporation

  • Sony Corporation

  • Daktronics

  • Barco NV

  • Leyard Optoelectronic Co., Ltd.

  • E Ink Holdings

  • AOTO Electronics

  • BenQ Corporation

Frequently Asked Question About This Report

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Table of Contents

1.    SMART LED INDOOR SIGNAGE MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    SMART LED INDOOR SIGNAGE MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – SMART LED INDOOR SIGNAGE MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Type and End Use Outlook Analysis
4.    HISTORIC TRENDS IN SMART LED INDOOR SIGNAGE MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA SMART LED INDOOR SIGNAGE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Smart LED Indoor Signage Historical Market ($MILLION), (2017 – 2023)
6.2. North America Smart LED Indoor Signage Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
6.3.1. Single Color Display
6.3.2. Full Color Display
6.4. North America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Display Technology
6.4.1. Surface-Mounted Devices (SMD)
6.4.2. Chip-On-Board (COB)
6.5. North America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Size
6.5.1. Below 32 Inches
6.5.2. 32 to 55 Inches
6.5.3. Above 55 Inches
6.6. North America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
6.6.1. Retail
6.6.2. Hospitality
6.6.3. Corporate
6.6.4. Transportation
6.6.5. Healthcare
6.6.6. Education
6.7. North America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA SMART LED INDOOR SIGNAGE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE SMART LED INDOOR SIGNAGE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Smart LED Indoor Signage Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Smart LED Indoor Signage Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
8.4. Europe Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Display Technology
8.5. Europe Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Size
8.6. Europe Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
8.7. Europe Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC SMART LED INDOOR SIGNAGE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Smart LED Indoor Signage Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Smart LED Indoor Signage Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
9.4. APAC Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Display Technology
9.5. APAC Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Size
9.6. APAC Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
9.7. APAC Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA SMART LED INDOOR SIGNAGE MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Smart LED Indoor Signage Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Smart LED Indoor Signage Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
10.4. Latin America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Display Technology
10.5. Latin America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Size
10.6. Latin America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
10.7. Latin America Smart LED Indoor Signage Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. NEC CORPORATION
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Sharp Corporation
11.3. Panasonic Corporation
11.4. Sony Corporation
11.5. Daktronics
11.6. Barco NV
11.7. Leyard Optoelectronic Co., Ltd.
11.8. OTHER MARKET PLAYERS