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Digital Signage Market to Grow Largely in 2020

2020-06-19 09:00:00  Original:amongo  Click:53
According to a report by Research And Markets, the digital signage market is expected to grow largely to $26.3 billion by 2027. And the report said the growth mainly is driven by digitalization in developing countries for adoption in commercial applications and the rise of smart cities concept. Also, in 2020, digital signage used for retail will hold largest market share. And for global market, North America will have the largest market share, but Asia-Pacific will see the fastest growth.

Although the economy has been affected greatly by the pandemic for every country, now the disease is becoming under control in most areas globally and the governments are taking effective methods to get the economy to back to normal to regain the loss during the past months.

In China, the government launched a “New Infrastructure” project to offset the economic impact of the corona virus and boost sustainable growth. The project includes seven sectors: 5G networks, industrial internet, inter-city transportation and inner-city rail systems, data centers, artificial intelligence, ultra-high voltage, and new energy vehicle charging stations. It’s estimated that "New Infrastructure" investment will be about 100 billion yuan of the country's massive 17 trillion yuan Public-Private Partnership projects, so there will be many chances for enterprises related. 

new infrastructure strategy 2020

Amongo, the leading manufacture of industrial display monitor and panel computers with over 15 years experiences, has successfully finished many projects with our clients home and aboard. Most of them are focusing on the areas related with the sectors mentioned in the New Infrastructure. Our customers raised up their idea, we Amongo helps to design and to make the final products. Till now, the industrial monitors and flat panel computers produced by Amongo are widely installed in many self service terminals like auto fare collection systems, intelligent parcel lockers, EV battery exchanging stations, passenger information display systems, building gate entrance with facial recognition etc. Amongo is accumulating more and more experiences and expertise to support our clients in all aspects. Our team are stand by for all your inquiries.