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May 2018
Interactive Kiosk & Digital Signage
Sectorwatch
2018 promises to be a very innovative year for digital signage because technologies are getting more integrated, comprehensive, faster, and smarter. According to the Digital Signage Market – Global Forecast to 2023, the market is expected to reach USD 32.84 Billion by 2023, at a CAGR of 7.4% during the forecast period.
Industry Trends:
- Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
- Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
- Current EBITDA margin exceeds the average of the last 3 years EBITDA margin, a condition that may attract new entrants