Panasonic Corporation, NEC Corporation and SAMSUNG ELECTRONICS CO. LTD. are Dominating the Global Digital Signage Software Market in 2020

Global Digital Signage Software Market is expected to grow with the CAGR of 11.6% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global digital signage software market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global digital signage software market are introducing advanced and customized digital signage software with advance features along with services. This has helped companies to maximize the sales with enhanced product portfolio. For instance, in November 2020, STRATACACHE’s subsidiary company Scala has launched Scala designer cloud which is an advance web-based composition and easy to use intuitive user interface. This designer cloud will enables creation of compelling and engaging digital signage media. This new web based cloud solution will help company to expand their product line and grow business.

Panasonic Corporation is the dominating player in the digital signage software market. The other key players existing in the market are STRATACACHE, Broadsign International Inc., Signagelive Limited, NAVORI – DIGITAL SIGNAGE SOFTWARE, Uniguest, NoviSign Digital Signage Inc., SAMSUNG ELECTRONICS CO., LTD., YCD Multimedia, NEC Corporation, ADFLOW Networks. (a subsidiary of Daktronics, Inc.), Omnivex Corporation, BrightSign LLC, Mvix(USA), Inc., Intuiface, Pichler Medientechnik eU, Nanonation, Grassfish Marketing Technologies GmbH, Visix, Inc. and ICON Multimedia S.L., among others.

Digital Signage Software Market

Panasonic Corporation

Panasonic Corporation is headquartered in Osaka, Japan and was incorporated in 1935. The company offers variety of products and solutions of consumer electronics, automotive, industrial solutions, connected devices and life science solutions sectors along with the diverse market segments recognized for the SMEs as well as large enterprises. The company deals in various business segments of appliances, life solutions, connected solutions, automotive and industrial solutions among which connected solutions is market focussed segment. The company offers broad portfolio of innovative products in air conditioning, automation controls, Blu-ray disc, broadcast & professional video, business fax, document scanner, electronic whiteboard, housing equipment devices, IP phone, lighting, mobile/pc, multifunction laser, out-of-stock detection, photovoltaic, POS workstation, professional displays, projector, SD memory card, video intercom, visual sort assist and wiring devices and among which professional display is market focused category.

  • In September 2019, Panasonic Corporation collaborated with Lemma Technologies and launched the SignEdge Display Network, an end-to-end solution for DOOH (Digital-Out-Of-Home) Advertising, a new platform with more flexibility, control, and cost-effective solutions for retailers and owners of digital screens to sell their digital advertising space. Through this collaboration, Panasonic will expand its technology benefits to a broader retail ecosystem and grow their business.

The company has wide presence across Americas, Europe, Middle East & Africa, and Asia-Pacific. Company also generates revenue from the subsidiaries such as Panasonic Corporation of North America (U.S), Panasonic Avionics Corporation (U.S), Panasonic do Brasil Limitda (Brazil), Panasonic Europe B.V. (Netherlands), Panasonic Asia Pacific Pte. Ltd. (Singapore), Ficosa International S.A. (Spain), among others

NEC Corporation

NEC Corporation is headquartered in Tokyo, Japan was founded in the year 1899. The company focuses on providing various solutions for public sector, enterprise business, network service business, system platform business and global business. The company offers various solution and service categories such as aviation, business solutions, carrier solutions, contact center solutions, display solutions enterprise network solutions, hospitality solutions, IT platform solutions, network monitoring service, public safety solutions, retail solutions, 5G and transportation among which display solutions is focused category. The company also deals in business segments such as public solutions, public infrastructure, enterprise, network services, system platform, global and others among which global is focussed segment.

  • In September 2020, NEC Corporation has introduced latest MediaPlayer for digital signage solutions Powered by Raspberry Pi. This new MediaPlayer is ideal for digital display boards in retail, leisure, corporate communication applications and digital menu board and is easy to install and upgrade. This new product has helped the company to diversify their product portfolio.

The company has presence in Americas, Europe, Middle East and Africa and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as NEC Australia Pty Ltd (Australia), NEC Telecom MODUS Limited (U.K.), NEC Scandinavia (Sweden), NEC Eastern Europe Kft. (Poland), NEC Taiwan Ltd. (Taiwan), NEC Laboratories America, Inc. (U.S.), NEC Canada, Inc. (Canada), among others.

SAMSUNG ELECTRONICS CO. LTD.

SAMSUNG ELECTRONICS CO., LTD. is headquartered in Suwon-si, South Korea which was founded in 1969. The company focuses on offering offers consumer electronics, IT & mobile communications and device solutions related hardware and software. The company has wide software and services categories such as cloud software, Knox security, Knox mobility software, DeX mobile desktop, managed mobility services and MagicINFO digital signage software among which MagicINFO digital signage software is market focused category. Company operates the business through consumer electronics, it & mobile communications and device solutions among which device solutions is focused category.

  • In September 2020, Samsung Electronics Co., Ltd.’s subsidiary Samsung Electronics America has announced a new partnership with a Seoul based company d’strict for showcasing their groudbreaking new media art on Samsung’s leading SMART signage solution and showcase together the unlimited potential of digital signage. This partnership will bring many opportunities for SMART signage for delivering information and to increase their business in the market.

The company has global presence in Americas, Europe, Middle East and Africa and Asia-Pacific. In addition, company also generates revenue through the subsidiary such as Electronics for Imaging Australia Pty Ltd (Australia), EFI Brazil LTDA (Brazil), Electronics for Imaging France SARL (France), EFI KK (Japan), Electronics for Imaging, B.V. (Netherlands), among others.