DIGITAL SIGNAGE MARKET ANALYSIS

Market News

Global Digital Signage Market: Key Developments

On March 30, 2023, Samsung Electronics, electronics corporation, had launched a new interactive display with upgraded features and a powerful software solution at BETT (British Educational Training and Technology) 2023, the world’s largest education technology exhibition, in London, U.K. Over 30,000 attendees at BETT explored the future of education with the cutting-edge Samsung Interactive Display and the Samsung Whiteboard App.

In July 2021, Intel Corporation, company developing microprocessors, had collaborated with Clevertouch Technologies, a manufacturer of interactive touchscreens, collaboration software, and digital signage, to offer its customers and partners a wider range of Intel-based products.

In November 2022, Sharp NEC Display Solutions Europe, a signage solutions provider company, and Seenspire, a content creator company, collaborated for enhanced customer experience of digital signage.

In January 2021, LG Electronics, multinational conglomerate corporation, introduced three series of commercial LED screens with pixel pitch varying from 3.9 to 16-millimeters. The displays include six variants in the GSCD Ultra-Light, GSCC Essential, and GSCA Versatile Series.

In June 2022, LG Electronics acquired AppleMango, an South Korea-based EV charger manufacturer, together with GS Energy and GS Neotek, a subsidiaries of GS Holdings. LG Electronics stated that the acquisition will help the company to create ‘fully-featured charging stations’ and integrate the existing charging management system developed in-house.

In May 2020, Sony Electronics Inc., multinational conglomerate corporation, had announced the launch of new XAV-AX5500 car AV receiver that offers upgraded audio extensibility, enhanced smart features, and user customizations.