Connect with us

Technology

Transparent Digital Signage Market size is set to grow by USD 23.70 billion from 2024-2028, Growing demand for digital signage and digital-out-of-home (DooH) to boost the market growth, Technavio

Published

on

NEW YORK, June 28, 2024 /PRNewswire/ — The global transparent digital signage market  size is estimated to grow by USD 23.70 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 47.74%  during the forecast period. Growing demand for digital signage and digital-out-of-home (DooH) is driving market growth, with a trend towards emergence of transparent organic light-emitting devices (TOLEDs). However, growth of e-commerce market and online advertising  poses a challenge. Key market players include AUO Corp., Barco NV, Leyard Group, LG Corp., Panasonic Holdings Corp., PixelFLEX LLC, Pro Display, Samsung Electronics Co. Ltd., Shenzhen AuroLED Technology Co. Ltd., Shenzhen Huake Light Electronics Co. Ltd., SHENZHEN NEXNOVO TECHNOLOGY Co. Ltd., and Sony Group Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (LED and OLED), End-user (Retail, Automotive, and Media and Entertainment), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

AUO Corp., Barco NV, Leyard Group, LG Corp., Panasonic Holdings Corp., PixelFLEX LLC, Pro Display, Samsung Electronics Co. Ltd., Shenzhen AuroLED Technology Co. Ltd., Shenzhen Huake Light Electronics Co. Ltd., SHENZHEN NEXNOVO TECHNOLOGY Co. Ltd., and Sony Group Corp.

Key Market Trends Fueling Growth

Transparent OLED digital signage is gaining popularity in the market due to its benefits over LED and LCD displays. OLEDs offer improved picture quality, power efficiency, and faster response time. Additionally, they have self-emitting transparent displays, eliminating the need for a background light and allowing for plastic substrates. Vendors are introducing OLED-enabled transparent digital signage for enhanced visual communication and interactive features. Key offerings include high transparency levels, content management software compatibility, and AR effects in the dark. The forecast period is expected to see continued growth due to OLEDs’ self-emitting pixels, bright colors, and high-resolution capacity. 

The Transparent Digital Signage Market is experiencing significant growth, driven by advanced technologies such as adaptive brightness and transflective displays. These technologies enable clear visibility in various lighting conditions, making transparent signage an attractive option for businesses. Additionally, the integration of artificial intelligence and machine learning is enhancing the functionality and interactivity of digital signage. Furthermore, the use of analytics and real-time data is enabling personalized content delivery, increasing engagement and customer interest. The market is expected to continue growing due to these trends and the increasing demand for dynamic and interactive signage solutions. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The e-commerce market’s expansion and the rise of online advertising models pose challenges for the Transparent Digital Signage Market. E-commerce giants’ global presence and increasing internet user base draw enterprises towards online advertising, which can be more cost-effective than digital signage. Additionally, the abundance of information online can lead to display blindness, making it crucial for enterprises to provide updated, specific content on digital signage to maintain customer interest.The Transparent Digital Signage Market faces several challenges in its implementation and growth. One major challenge is the high cost of transparent displays, making them less affordable for small businesses. Another challenge is the need for advanced technology to create high-quality, clear images on transparent screens. Additionally, ensuring seamless integration with existing systems and ensuring security are significant concerns. Furthermore, the lack of standardization in the market can make it difficult for businesses to choose the right solution. Lastly, the rapid advancement of technology can make it challenging for companies to keep up and stay competitive.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This transparent digital signage market report extensively covers market segmentation by

Type 1.1 LED1.2 OLEDEnd-user 2.1 Retail2.2 Automotive2.3 Media and EntertainmentGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 LED-  The Transparent Digital Signage Market is experiencing significant growth due to its ability to capture consumer attention effectively. Businesses are increasingly adopting this technology to display dynamic content, enhancing brand visibility and engagement. Transparent displays offer unique advantages such as blending seamlessly with surroundings and providing clear visibility from various angles. This market trend is driven by advancements in technology and the growing demand for innovative advertising solutions.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Transparent Digital Signage Market is experiencing significant growth in various sectors, including media and entertainment, retail, automotive, aerospace, healthcare, and military. This market is driven by innovative technologies such as Augmented Reality (AR), Advertisement companies, and Display designers, who are constantly pushing the boundaries of communication and engagement. The integration of Communications equipment, Technology hardware, and Electronic components, including LED segments, HMDs (Head-Mounted Displays), and HUDs (Head-Up Displays), is revolutionizing the way information is presented. Nanoparticles and Electronic circuits are key components in the manufacturing cost reduction of these advanced displays. Mobile devices and Wearable computers are also playing a crucial role in the adoption of Transparent Digital Signage. The potential applications are vast, from advertising and branding to wayfinding and information dissemination.

Market Research Overview

The Transparent Digital Signage Market is a rapidly growing sector in the digital signage industry. This technology allows for clear and visually appealing displays that blend seamlessly with their surroundings. Transparent signage is particularly popular in retail environments, transportation hubs, and public spaces. The market is driven by advancements in display technology, increasing demand for interactive and engaging advertising, and the need for businesses to stand out in a crowded market. The use of transparent digital signage also offers benefits such as energy efficiency and the ability to display content on both sides of the sign. The market is expected to continue expanding as more businesses recognize the value of this innovative technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeLEDOLEDEnd-userRetailAutomotiveMedia And EntertainmentGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/transparent-digital-signage-market-size-is-set-to-grow-by-usd-23-70-billion-from-2024-2028–growing-demand-for-digital-signage-and-digital-out-of-home-dooh-to-boost-the-market-growth-technavio-302185320.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

WiMi Hologram Cloud Inc. to Hold Extraordinary General Meeting on March 25, 2025

Published

on

By

BEIJING, Feb. 24, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Company”), a leading AR services provider in China, today announced that it will (i) terminate the Deposit Agreement dated March 20, 2020, among the Company, JPMorgan Chase Bank N.A. (the “Depositary”), and the holders of American depositary shares (the “ADSs”) from time to time, effective April 2, 2025, and (ii) hold its extraordinary general meeting of shareholders (the “EGM”) at Room#1508, 4th Building, Zhubang 2000 Business Center, No. 97, Balizhuang Xili, Chaoyang District, Beijing on March 25, 2025 at 9:00 a.m. Beijing Time. The Company’s board of directors has fixed February 24, 2025, as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of the extraordinary general meeting or any adjournment or postponement thereof. Holders of the Company’s Class A ordinary shares (the “Class A ordinary shares”) and Class B ordinary shares (the “Class B ordinary shares”), par value US$0.0001 per share (collective, the “ordinary shares”) of record at the close of business on the Record Date are entitled to attend and vote at the EGM. Holders of American Depositary Shares (the “ADSs”) who wish to exercise their voting rights for the underlying Class B ordinary shares must act through JPMorgan Chase Bank, N.A., the depositary of the Company’s ADS program.

On or about February 24, 2025, the Depositary of the Company’s American depositary receipts (the “ADRs”), will distribute to all holders and beneficial owners of the Company’s ADRs a notification regarding the termination of ADR facility for the Company’s ADSs pursuant to the Deposit Agreement. The effective date of the termination of the Deposit Agreement will be April 2, 2025 (the “Effective Date”). On the Effective Date, holders of ADSs will have their ADSs automatically cancelled and would be entitled to receive the corresponding underlying Deposited Securities (the “Mandatory Exchange”) at a rate of two (2) Class B ordinary shares for each ADS cancelled, subject to further adjustment in accordance with the share consolidation (defined below) described below.

Subject to shareholder approval at the EGM and concurrent to the Mandatory Exchange, a consolidation of the Company’s Shares at a ratio of one (1) consolidated ordinary share for every twenty (20) existing ordinary share (the “share consolidation”).  If the share consolidation is approved, on the Effective Date, former ADS holders should expect to receive one (1) consolidated Class B ordinary share for every ten (10) ADS previously held.  If the share consolidation is not approved or delayed, on the Effective Date, former ADS holders should expect to receive two (2) existing Class B ordinary shares for every one (1) ADS previously held.

At the EGM, shareholders will be asked for vote on the following proposals:

(i)    With effect from 5 P.M. on April 2, 2025, Eastern time, (a) every twenty (20) Class A ordinary shares of a par value of US$0.0001 each in the Company’s issued and unissued share capital be and are hereby consolidated into one (1) Class A ordinary share (each a “consolidated Class A share”) of a par value of US$0.002, and such consolidated Class A shares shall have the same rights and subject to the same restrictions as the Class A ordinary shares as set out in the Company’s currently effective Second Amended and Restated Memorandum and Articles of Association (the “M&A”), (b) every twenty (20) Class B ordinary shares of a par value of US$0.0001 each in the Company’s issued and unissued share capital be and are hereby consolidated into one (1) Class B ordinary share (each a “consolidated Class B share”) of a par value of US$0.002, and such consolidated Class B shares shall have the same rights and subject to the same restrictions as the Class B ordinary shares as set out in the Company’s M&A, and (c) every twenty (20) undesignated shares of a par value of US$0.0001 each in the Company’s unissued share capital be and are hereby consolidated into one (1) share of a par value of US$0.002 (collectively, the “share consolidation”), such that immediately following the share consolidation, the authorized share capital of the Company shall be changed

FROM 

US$50,000 divided into 500,000,000 shares comprising (i) 25,000,000 Class A ordinary shares of a par value of US$0.0001 each; (ii) 275,000,000 Class B ordinary shares of a par value of US$0.0001 each; and (iii) 200,000,000 shares of a par value of US$0.0001 each of such class or classes (however designated) as the board of directors may determine;

TO

US$50,000 divided into 25,000,000 shares comprising (i) 1,250,000 Class A ordinary shares of a par value of US$0.002 each; (ii) 13,750,000 Class B ordinary shares of a par value of US$0.002 each; and (iii) 10,000,000 shares of a par value of US$0.002 each of such class or classes (however designated) as the board of directors may determine, and no fractional shares be issued in connection with the share consolidation and the Company’s transfer agent would aggregate all fractional shares and sell them as soon as practicable after the effective time of the share consolidation at the then-prevailing prices on the open market, on behalf of those shareholders who would otherwise be entitled to receive a fractional share as a result of the share consolidation.

(ii)    Immediately following the share consolidation, the authorized share capital of the Company be increased

FROM US$50,000 divided into 25,000,000 shares comprising (i) 1,250,000 Class A ordinary shares of a par value of US$0.002 each; (ii) 13,750,000 Class B ordinary shares of a par value of US$0.002 each; and (iii) 10,000,000 shares with a par value of US$0.002 each of such class or classes (however designated) as the board of directors may determine.

TO US$1,500,000 divided into 750,000,000 shares comprising (i) 37,500,000 Class A ordinary shares of a par value of US$0.002 each; (ii) 412,500,000 Class B ordinary shares of a par value of US$0.002 each; and (iii) 300,000,000 shares with a par value of US$0.002 each of such class or classes (however designated) as the board of directors may determine.

(the “share capital increase”.)

(iii)    any one or more of Directors of the Company be and is/are hereby authorized to do all such acts and things and execute all such documents, which are ancillary to the share consolidation and share capital increase and of administrative nature, on behalf of the Company, including under seal where applicable, as he/they consider necessary, desirable or expedient to give effect to the foregoing arrangements for the share consolidation and share capital increase; the Company’s registered office provider be instructed to make all necessary filings with the Companies Registry in the Cayman Islands in connection with the share consolidation and share capital increase; and the Company’s share registrar be instructed to update the register of members of the Company and that upon the surrender to the Company of the existing share certificates (if any) that they be cancelled and that any Director be instructed to prepare, sign, seal and deliver on behalf of the Company new share certificates accordingly.

Shareholders and ADS holders may obtain a copy of the Company’s annual report, free of charge, from the Company’s website at http://ir.wimiar.com/ and from the SEC’s website at www.sec.gov, or by contacting WiMi Hologram Cloud Inc., Room#1508, 4th Building, Zhubang 2000 Business Center, No. 97, Balizhuang Xili, Chaoyang District , telephone: +86-10-5338-4913, email: Pr@wimiar.com 

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ:WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

For more information, please visit http://ir.wimiar.com/

 

View original content:https://www.prnewswire.com/news-releases/wimi-hologram-cloud-inc-to-hold-extraordinary-general-meeting-on-march-25-2025-302383163.html

SOURCE WiMi Hologram Cloud Inc.

Continue Reading

Technology

KBR Appoints Lead Independent Director

Published

on

By

HOUSTON, Feb. 24, 2025 /PRNewswire/ — KBR, Inc. (NYSE: KBR) announced today that the independent directors of the KBR Board have unanimously elected Lt. General Wendy M. Masiello as Lead Independent Director, effective as of KBR’s 2025 annual meeting of stockholders to be held in May 2025.

Lt. General Masiello has served on KBR’s Board of Directors since August 2017, including as the current Chair of the Cybersecurity Committee and a member of the Compensation Committee and Sustainability & Corporate Responsibility Committee. A three-star General of the U.S. Air Force, Lt. General Masiello brings a wealth of relevant experience and a deep understanding of KBR’s strategic vision and operations.

“One of KBR’s greatest strengths is an experienced and highly committed Board of Directors,” said KBR Chair, General Lester L. Lyles. “The appointment of Lt. General Masiello as lead independent director reflects a thorough and thoughtful process by the Board, who strongly believe that her leadership capabilities, deep operations experience, and accomplished government career make her highly qualified to serve in this important role. Wendy has provided valuable insights and guidance as an independent director since joining our Board, and she has excelled in every capacity just as I personally observed throughout her leadership positions in the Air Force. I am thrilled she will bring her expertise to us in this new role. We thank her for accepting this responsibility to lead and provide independent oversight.”

“I am honored to have received the support of KBR’s Board and am excited to partner with fellow directors and management as we continue on our path of delivering profitable growth and accelerating shareholder value,” said Lt. General Masiello. “I would like to thank the Board for their trust in me to lead in an expanded way.”

As part of the Board leadership transition, the Board also enhanced the Lead Independent Director duties, which are set forth in the Company’s Corporate Governance Guidelines, available at www.kbr.com/who-we-are/our-company/corporate-governance.

About Lt. General Wendy M. Masiello

Lt. General Masiello is a retired three-star General of the U.S. Air Force and an independent consultant. Prior to her retirement, Lt. General Masiello served as Director of the Defense Contract Management Agency maximizing a $1.4 billion budget to manage and motivate a global workforce of 12,000 to ensure 20,000 contractors delivered on 340,000 Defense and Federal contracts valued at $6 trillion. During her 36-year career, Lt. General Masiello also shaped Air Force contracting policy and its 11,000 persons as Deputy Assistant Secretary (Contracting), Office of the Assistant Secretary of the Air Force for Acquisition, and prior to that led the Air Force’s $65 billion Service Acquisition portfolio as its Program Executive Officer. She also led contracting support for U.S. military forces in Iraq and Afghanistan from July 2005 to January 2006. Lt. General Masiello’s medals and commendations include the Defense Superior Service Medal, Distinguished Service Medal, and Bronze Star.

Lt. General Masiello is also an independent board director for StandardAero (NYSE: SARO), where she serves as a member of its Audit Committee, for EURPAC Service, Inc., where she serves as a member of its Compensation and IT committees, for Tlingit Haida Tribal Business Corporation, and for MRIGlobal, where she serves on its Board of Trustees and Audit and Compensation and HR committees. Her not-for-profit work includes Board of Directors for the Procurement Round Table and Board of Directors and Executive Committee for the National Board of Rebuilding Together. She advises the Department of Defense as a member of the Acquisition Innovation and Research Center Advisory Panel and U.S. Air Force as a member of the Air Force Studies Board of the National Academy of Sciences. Lt. General Masiello previously served as Board Chair for the National Contract Management Association.

About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide with customers in more than 80 countries and operations in over 29 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com 

For further information, please contact:

Investors
Jamie DuBray
Vice President, Investor Relations
713-753-2133
Investors@kbr.com

Media
Philip Ivy
Vice President, Global Communications
713-753-3800
Mediarelations@kbr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/kbr-appoints-lead-independent-director-302382906.html

SOURCE KBR, Inc.

Continue Reading

Technology

Resideo To Participate at Upcoming Investor Conferences

Published

on

By

SCOTTSDALE, Ariz., Feb. 24, 2025 /PRNewswire/ — Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced that it is scheduled to participate at the following investor conferences.

46th Annual Raymond James Institutional Investor Conference in Orlando, Florida on Monday, March 3, 2025. Michael Carlet, Resideo’s Chief Financial Officer, and Robert Aarnes, President of Resideo’s ADI Global Distribution business segment, will participate in a fireside chat starting at 8:40AM ET.

Morgan Stanley Technology, Media & Telecom Conference in San Francisco, California on Tuesday, March 4, 2025. Thomas Surran, President of Resideo’s Products and Solutions business segment, and Christopher T. Lee, Resideo’s Global Head of Investor Relations, will participate in a fireside chat starting at 1:05PM PT.

JP Morgan 2025 Industrials Conference in New York, NY on Thursday, March 13, 2025. Michael Carlet, Resideo’s Chief Financial Officer, will participate in a fireside chat starting at 11:15AM ET.

The fireside chats will be webcast live and available for replay on the Investor Relations page of the Resideo website at investor.resideo.com and archived on the Investor Relations page for a period of 30 days.

About Resideo

Resideo is a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets. We are a leader in the home heating, ventilation, and air conditioning controls markets, smoke and carbon monoxide detection home safety and fire suppression products markets, and security products markets. Our solutions and services can be found in over 150 million residential and commercial spaces globally, with tens of millions new devices sold annually. For more information about Resideo and our trusted, well-established brands including First Alert, Honeywell Home, BRK, Control4, and others, visit www.resideo.com.

Contacts:

Investors:

Media:

Christopher T. Lee

Garrett Terry

Global Head of Investor Relations

Corporate Communications Manager

investorrelations@resideo.com

 garrett.terry@resideo.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/resideo-to-participate-at-upcoming-investor-conferences-302382878.html

SOURCE Resideo Technologies, Inc.

Continue Reading

Trending