Setting

Asia Pacific Digital Signage Market 2020-2026 by Component, Product, Connectivity, Size, Location, End User, and Country: COVID-19 Impact and Growth Opportunity

Published: 28 Nov 2020 | Report Code: 10247799 | Pages: 141

Asia Pacific digital signage market will grow by 7.92% annually with a total addressable market cap of $45.3 billion over 2020-2026 owing to increasing adoption of digital signage products in commercial verticals, rapid digitization in emerging countries, proliferation of smart cities, and growing technological advancements. Highlighted with 38 tables and 70 figures, this 141-page report “Asia Pacific Digital Signage Market 2020-2026 by Component, Product, Connectivity, Size, Location, End User, and Country: COVID-19 Impact and Growth Opportunity” is based on a holistic research of the entire Asia Pacific digital signage market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific digital signage market in every aspect of the classification from perspectives of Component, Product, Connectivity, Size, Location, End User, and Country. Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. Hardware • LCD/LED Display • OLED Display • Media Players • HD Projectors/Projection Screens • Other Hardware Software Service • Installation Services • Maintenance & Support Based on Product, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. Digital Billboards Digital Menu Boards • Interactive Menu Board • Non-Interactive Menu Board Video Wall Kiosk • Interactive Kiosks • Automated Teller Machine (ATM) • Self-Service Kiosks • Vending Kiosks Digital Signboards Based on Connectivity, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. • Standalone Digital Signage • Web-based Digital Signage • IPTV-based Digital Signage Based on Size, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. • Below 40 Inches • 40-50 Inches • 50-60 Inches • Over 60 Inches Based on Location, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. Indoor Digital Signage • Conference Rooms • Office Entrances • Classrooms • Parks • Other Indoor Locations Outdoor Digital Signage Based on End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section. • Retail Industry • Transportation & Logistics • Hospitality Section • Education Sector • Healthcare Industry • Corporate • Entertainment & Sports • Government • Other End Users Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2016-2026. The breakdown of key national markets by Product, Size, and End User over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in Asia Pacific digital signage market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): Barco NV Cisco Systems Inc. Goodview Hitachi Ltd iSEMC Koninklijke Philips N.V. LG Display Co. Ltd NEC Display Solutions Ltd Panasonic Corporation Planar Systems Inc. Samsung Electronics Co. Ltd Sharp Corporation Sony Corporation ViewSonic Corporation Volanti Displays (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table Of Contents

1 Introduction	7
1.1 Industry Definition and Research Scope	7
1.1.1 Industry Definition	7
1.1.2 Research Scope	8
1.2 Research Methodology	11
1.2.1 Overview of Market Research Methodology	11
1.2.2 Market Assumption	12
1.2.3 Secondary Data	12
1.2.4 Primary Data	12
1.2.5 Data Filtration and Model Design	14
1.2.6 Market Size/Share Estimation	15
1.2.7 Research Limitations	16
1.3 Executive Summary	17
2 Market Overview and Dynamics	20
2.1 Market Size and Forecast	20
2.1.1 Impact of COVID-19 on World Economy	25
2.1.2 Impact of COVID-19 on the Market	28
2.2 Major Growth Drivers	30
2.3 Market Restraints and Challenges	33
2.4 Emerging Opportunities and Market Trends	36
2.5 Porter’s Fiver Forces Analysis	40
3 Segmentation of Asia Pacific Market by Component	44
3.1 Market Overview by Component	44
3.2 Hardware	46
3.2.1 LCD/LED Display	48
3.2.2 OLED Display	49
3.2.3 Media Players	50
3.2.4 HD Projectors/Projection Screens	51
3.2.5 Other Hardware	52
3.3 Software	53
3.4 Service	54
3.4.1 Installation Services	55
3.4.2 Maintenance & Support	56
4 Segmentation of Asia Pacific Market by Product	57
4.1 Market Overview by Product	57
4.2 Digital Billboards	59
4.3 Digital Menu Boards	60
4.3.1 Interactive Menu Board	62
4.3.2 Non-Interactive Menu Board	63
4.4 Video Wall	64
4.5 Kiosk	65
4.5.1 Interactive Kiosks	66
4.5.2 Automated Teller Machine (ATM)	67
4.5.3 Self-Service Kiosks	68
4.5.4 Vending Kiosks	70
4.6 Digital Signboards	71
5 Segmentation of Asia Pacific Market by Connectivity	72
5.1 Market Overview by Connectivity	72
5.2 Standalone Digital Signage	74
5.3 Web-based Digital Signage	75
5.4 IPTV-based Digital Signage	76
6 Segmentation of Asia Pacific Market by Size	77
6.1 Market Overview by Size	77
6.2 Below 40 Inches	79
6.3 40-50 Inches	80
6.4 50-60 Inches	81
6.5 Over 60 Inches	82
7 Segmentation of Asia Pacific Market by Location	83
7.1 Market Overview by Location	83
7.2 Indoor Digital Signage	85
7.3 Outdoor Digital Signage	87
8 Segmentation of Asia Pacific Market by End User	88
8.1 Market Overview by End User	88
8.2 Retail Industry	90
8.3 Transportation & Logistics	91
8.4 Hospitality Section	92
8.5 Education Sector	93
8.6 Healthcare Industry	94
8.7 Corporate	95
8.8 Entertainment & Sports	96
8.9 Government	97
8.10 Other End Users	98
9 Asia-Pacific Market 2019-2026 by Country	99
9.1 Overview of Asia-Pacific Market	99
9.2 China	102
9.3 Japan	104
9.4 India	107
9.5 Australia	109
9.6 South Korea	111
9.7 Rest of APAC Region	113
10 Competitive Landscape	115
10.1 Overview of Key Vendors	115
10.2 New Product Launch, Partnership, Investment, and M&A	118
10.3 Company Profiles	119
Barco NV	119
Cisco Systems Inc.	121
Goodview	122
Hitachi Ltd	123
iSEMC	124
Koninklijke Philips N.V.	125
LG Display Co. Ltd	126
NEC Display Solutions Ltd	127
Panasonic Corporation	128
Planar Systems Inc.	129
Samsung Electronics Co. Ltd	130
Sharp Corporation	131
Sony Corporation	132
ViewSonic Corporation	133
Volanti Displays	134
11 Investing in Asia Pacific Market: Risk Assessment and Management	135
11.1 Risk Evaluation of Asia Pacific Market	135
11.2 Critical Success Factors (CSFs)	138
Related Reports and Products	141
List Of Tables

Table 1.  Snapshot of Asia Pacific Digital Signage Market, 2019-2026	18
Table 2. Growth Rate of World Real GDP, 2017-2021	26
Table 3.  Main Product Trends and Market Opportunities in Asia Pacific Digital Signage Market	36
Table 4. Asia Pacific Digital Signage Market by Component, 2016-2026, $ mn	44
Table 5. Asia Pacific Digital Signage Market: Hardware by Display Technology, 2016-2026, $ mn	47
Table 6. Asia Pacific Digital Signage Market: Service by Type, 2016-2026, $ mn	54
Table 7. Asia Pacific Digital Signage Market by Product, 2016-2026, $ mn	57
Table 8. Asia Pacific Digital Signage Market: Digital Menu Boards by Type, 2016-2026, $ mn	60
Table 9. Asia Pacific Digital Signage Market: Kiosk by Type, 2016-2026, $ mn	65
Table 10. Asia Pacific Digital Signage Market by Connectivity, 2016-2026, $ mn	72
Table 11. Asia Pacific Digital Signage Market by Size, 2016-2026, $ mn	77
Table 12. Asia Pacific Digital Signage Market by Location, 2016-2026, $ mn	83
Table 13. Asia Pacific Digital Signage Market: Indoor Digital Signage by Segment, 2016-2026, $ mn	86
Table 14. Asia Pacific Digital Signage Market by End User, 2016-2026, $ mn	88
Table 15. APAC Digital Signage Market by Country, 2016-2026, $ mn	100
Table 16. China Digital Signage Market by Product, 2016-2026, $ mn	103
Table 17. China Digital Signage Market by Size, 2016-2026, $ mn	103
Table 18. China Digital Signage Market by End User, 2016-2026, $ mn	103
Table 19. Japan Digital Signage Market by Product, 2016-2026, $ mn	106
Table 20. Japan Digital Signage Market by Size, 2016-2026, $ mn	106
Table 21. Japan Digital Signage Market by End User, 2016-2026, $ mn	106
Table 22. India Digital Signage Market by Product, 2016-2026, $ mn	108
Table 23. India Digital Signage Market by Size, 2016-2026, $ mn	108
Table 24. India Digital Signage Market by End User, 2016-2026, $ mn	108
Table 25. Australia Digital Signage Market by Product, 2016-2026, $ mn	110
Table 26. Australia Digital Signage Market by Size, 2016-2026, $ mn	110
Table 27. Australia Digital Signage Market by End User, 2016-2026, $ mn	110
Table 28. South Korea Digital Signage Market by Product, 2016-2026, $ mn	112
Table 29. South Korea Digital Signage Market by Size, 2016-2026, $ mn	112
Table 30. South Korea Digital Signage Market by End User, 2016-2026, $ mn	112
Table 31. Digital Signage Market in Rest of APAC by Country, 2016-2026, $ mn	114
Table 32. Barco NV: Company Snapshot	119
Table 33. Barco NV: Business Segmentation	119
Table 34. Barco NV: Product Portfolio	120
Table 35. Barco NV: Revenue, 2016-2018, $ mn	120
Table 36. Barco NV: Recent Developments	120
Table 37.  Risk Evaluation for Investing in Asia Pacific Market, 2019-2026	136
Table 38. Critical Success Factors and Key Takeaways	139

List Of Figures

Figure 1. Research Method Flow Chart	11
Figure 2. Breakdown of Primary Research	13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation	15
Figure 4. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026	17
Figure 5. Asia Pacific Digital Signage Market, 2019-2026, $ mn	20
Figure 6. Impact of COVID-19 on Business	28
Figure 7. Primary Drivers and Impact Factors of Asia Pacific Digital Signage Market	30
Figure 8. Primary Restraints and Impact Factors of Asia Pacific Digital Signage Market	33
Figure 9. Investment Opportunity Analysis	37
Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific Digital Signage Market	40
Figure 11. Breakdown of Asia Pacific Digital Signage Market by Component, 2019-2026, % of Revenue	44
Figure 12. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Component, Value ($ mn) and Share (%)	45
Figure 13. Asia Pacific Digital Signage Market: Hardware, 2016-2026, $ mn	46
Figure 14. Asia Pacific Digital Signage Market: LCD/LED Display, 2016-2026, $ mn	48
Figure 15. Asia Pacific Digital Signage Market: OLED Display, 2016-2026, $ mn	49
Figure 16. Asia Pacific Digital Signage Market: Media Players, 2016-2026, $ mn	50
Figure 17. Asia Pacific Digital Signage Market: HD Projectors/Projection Screens, 2016-2026, $ mn	51
Figure 18. Asia Pacific Digital Signage Market: Other Hardware, 2016-2026, $ mn	52
Figure 19. Asia Pacific Digital Signage Market: Software, 2016-2026, $ mn	53
Figure 20. Asia Pacific Digital Signage Market: Service, 2016-2026, $ mn	54
Figure 21. Asia Pacific Digital Signage Market: Installation Services, 2016-2026, $ mn	55
Figure 22. Asia Pacific Digital Signage Market: Maintenance & Support, 2016-2026, $ mn	56
Figure 23. Breakdown of Asia Pacific Digital Signage Market by Product, 2019-2026, % of Revenue	57
Figure 24. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Product, Value ($ mn) and Share (%)	58
Figure 25. Asia Pacific Digital Signage Market: Digital Billboards, 2016-2026, $ mn	59
Figure 26. Asia Pacific Digital Signage Market: Digital Menu Boards, 2016-2026, $ mn	60
Figure 27. Asia Pacific Digital Signage Market: Interactive Menu Board, 2016-2026, $ mn	62
Figure 28. Asia Pacific Digital Signage Market: Non-Interactive Menu Board, 2016-2026, $ mn	63
Figure 29. Asia Pacific Digital Signage Market: Video Wall, 2016-2026, $ mn	64
Figure 30. Asia Pacific Digital Signage Market: Kiosk, 2016-2026, $ mn	65
Figure 31. Asia Pacific Digital Signage Market: Interactive Kiosks, 2016-2026, $ mn	66
Figure 32. Asia Pacific Digital Signage Market: Automated Teller Machine (ATM), 2016-2026, $ mn	67
Figure 33. Asia Pacific Digital Signage Market: Self-Service Kiosks, 2016-2026, $ mn	68
Figure 34. Asia Pacific Digital Signage Market: Vending Kiosks, 2016-2026, $ mn	70
Figure 35. Asia Pacific Digital Signage Market: Digital Signboards, 2016-2026, $ mn	71
Figure 36. Breakdown of Asia Pacific Digital Signage Market by Connectivity, 2019-2026, % of Revenue	72
Figure 37. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Connectivity, Value ($ mn) and Share (%)	73
Figure 38. Asia Pacific Digital Signage Market: Standalone Digital Signage, 2016-2026, $ mn	74
Figure 39. Asia Pacific Digital Signage Market: Web-based Digital Signage, 2016-2026, $ mn	75
Figure 40. Asia Pacific Digital Signage Market: IPTV-based Digital Signage, 2016-2026, $ mn	76
Figure 41. Breakdown of Asia Pacific Digital Signage Market by Size, 2019-2026, % of Revenue	77
Figure 42. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Size, Value ($ mn) and Share (%)	78
Figure 43. Asia Pacific Digital Signage Market: Below 40 Inches, 2016-2026, $ mn	79
Figure 44. Asia Pacific Digital Signage Market: 40-50 Inches, 2016-2026, $ mn	80
Figure 45. Asia Pacific Digital Signage Market: 50-60 Inches, 2016-2026, $ mn	81
Figure 46. Asia Pacific Digital Signage Market: Over 60 Inches, 2016-2026, $ mn	82
Figure 47. Breakdown of Asia Pacific Digital Signage Market by Location, 2019-2026, % of Revenue	83
Figure 48. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Location, Value ($ mn) and Share (%)	84
Figure 49. Asia Pacific Digital Signage Market: Indoor Digital Signage, 2016-2026, $ mn	85
Figure 50. Asia Pacific Digital Signage Market: Outdoor Digital Signage, 2016-2026, $ mn	87
Figure 51. Breakdown of Asia Pacific Digital Signage Market by End User, 2019-2026, % of Revenue	89
Figure 52. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by End User, Value ($ mn) and Share (%)	89
Figure 53. Asia Pacific Digital Signage Market: Retail Industry, 2016-2026, $ mn	90
Figure 54. Asia Pacific Digital Signage Market: Transportation & Logistics, 2016-2026, $ mn	91
Figure 55. Asia Pacific Digital Signage Market: Hospitality Section, 2016-2026, $ mn	92
Figure 56. Asia Pacific Digital Signage Market: Education Sector, 2016-2026, $ mn	93
Figure 57. Asia Pacific Digital Signage Market: Healthcare Industry, 2016-2026, $ mn	94
Figure 58. Asia Pacific Digital Signage Market: Corporate, 2016-2026, $ mn	95
Figure 59. Asia Pacific Digital Signage Market: Entertainment & Sports, 2016-2026, $ mn	96
Figure 60. Asia Pacific Digital Signage Market: Government, 2016-2026, $ mn	97
Figure 61. Asia Pacific Digital Signage Market: Other End Users, 2016-2026, $ mn	98
Figure 62. Breakdown of APAC Digital Signage Market by Country, 2019 and 2026, % of Revenue	100
Figure 63. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)	101
Figure 64.  Digital Signage Market in China, 2016-2026, $ mn	102
Figure 65.  Digital Signage Market in Japan, 2016-2026, $ mn	105
Figure 66.  Digital Signage Market in India, 2016-2026, $ mn	107
Figure 67.  Digital Signage Market in Australia, 2016-2026, $ mn	109
Figure 68.  Digital Signage Market in South Korea, 2016-2026, $ mn	111
Figure 69.  Digital Signage Market in Rest of APAC, 2016-2026, $ mn	113
Figure 70. Growth Stage of Asia Pacific Digital Signage Industry over the Forecast Period	115

Key Players (this may not be a complete list and extra companies can be added upon request): 
Barco NV
Cisco Systems Inc.	
Goodview	
Hitachi Ltd	
iSEMC	
Koninklijke Philips N.V.	
LG Display Co. Ltd	
NEC Display Solutions Ltd	
Panasonic Corporation	
Planar Systems Inc.	
Samsung Electronics Co. Ltd	
Sharp Corporation	
Sony Corporation	
ViewSonic Corporation	
Volanti Displays