What is the development trend of advertising display in 2023?

What is the development trend of Digital Advertising Screen in 2023?

The global Digital Advertising Display market was valued at USD 21.49 billion in 2020 and is expected to grow at a CAGR of 7.5% from 2021 to 2028, reaching USD 38.23 billion by 2028. The main drivers of market expansion, in addition to the increasing demand for Digital Signage, the decreasing cost of display panels, and the increasing investment in increasing brand awareness, are also included in transportation, healthcare, and the expanding digital infrastructure development of companies in emerging countries.

Standing display screen can provide digital information, design promotion, creative advertising and other services that will enable digital signage to be used in many vertical industries such as retail, hospitality, entertainment, sports venues, healthcare, corporate, banking, and many otherses. However, with the development of new technologies such as AI and 5G, and the increasing popularity of higher-definition display technologies, the market has higher demand for digital signage products.