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Digital Signage Market to Reach USD 41.55 Billion by 2031 with Enhanced Retail Signages | SkyQuest Technology

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WESTFORD, Mass., July 24, 2024 /PRNewswire/ — According to SkyQuest, the global Digital Signage Market size was valued at USD 15.98 Billion in 2022 and is poised to grow from USD 17.77 Billion in 2023 to USD 41.55 Billion by 2031, growing at a CAGR of 11.2% in the forecast period (2024-2031).

Digital signage is extensively used in public spaces like stores, transports, museums, and restaurants. These displays have the potential to show videos, text, weather data, and restaurant menus with the help of technologies like LED, LCD, and projections. These solutions are centrally managed and can be individually addressed to display information, entertainment, advertisement, and info about products. This is one of the primary reason due to which companies can utilize content creation and distribution with the help of digital signage to reach more audience. In the media players and screens there are frequent compatibility and interoperability issues that can be removed through digital signage. In many developing countries digital signage is used in public infrastructure, transport networks, and the construction of commercial structures. In public transportation sector this innovative technology is used to inform customers about their current location and advertise various products and services. Display technologies like microLED displays, OLED displays, and electronic displays are becoming more popular in various sectors that is encouraging organizations to build digital display products.

Download a detailed overview:
https://www.skyquestt.com/sample-request/digital-signage-market

Digital Signage Market Overview:

Report Coverage 

Details 

Market Revenue in 2023 

$ 17.77 Billion 

Estimated Value by 2031 

$ 41.55 Billion 

Growth Rate 

Poised to grow at a CAGR of 11.2% 

Forecast Period 

2024–2031 

Forecast Units 

Value (USD Billion) 

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 

Segments Covered 

Offering, Display Size, Product Type, Installation Location, Application, Enterprise Size, and Region

Geographies Covered 

North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Report Highlights 

Increasing use of electronic large screen displays in various commercial sectors

Key Market Opportunities 

Improvement of infrastructure in retail sector to enhance shopping experience

Key Market Drivers 

Rising demand for 4K displays with embedded software and media player

Segments covered in Digital Signage Market are as follows:

OfferingHardware (Display {Technology – [LCD, LED, OLED, Projection], Resolution – [8K, 4K, Full High Definition (FHD), High Definition (HD), Lower than HD], brightness -[0–500 nits, 501–1000 nits, 1001–2000 nits, 2001–3000 nits, More than 3000 nits}, Media Players, Projectors, Others), Software (Edge Server Software, Content Management System, Others), Services (Installation Services, Maintenance & Support Services, Consulting & Other Services), Digital Poster, Kiosks, Others.Display SizeLess than 32 Inches, Between 32 and 52 Inches, and More than 52 InchesProduct TypeVideo Walls, Standalone Displays (Kiosks {Interactive kiosks, Automated teller machines (ATMs), Self-service kiosks, Vending kiosks}), Menu Boards {Interactive menu boards, Non-interactive menu boards}, BillboardsInstallation LocationIndoor, OutdoorApplicationCommercial (Retail, Corporate Communications, Healthcare, Hospitality & Restaurants, Government), Infrastructural (Transportation & Public Places, Sports & Entertainment), Institutional (Banking, Financial Services and Insurance (BFSI), Education), Industrial, Non-BroadcastEnterprise SizeSmall Office/Home Office (SOHO), Small & Medium-sized Enterprises (SMEs), Large Enterprises (LEs)

Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/digital-signage-market

High Adoption of Gestural Recognition for Better Interaction to Increase Market Growth

Customers can directly interact with the information that has been offered by the media and entertainment organizations in various processes due to digital signage vendors. Many manufacturers are exploring the advancement of display processors integrated with embedded gesture recognition technique. One of the most popular approaches used in digital signage interfaces is gesture recognizing technology, boosting the growth of the market.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/digital-signage-market

Widespread Use of Electronic Large Screen Displays to Manage Content Propelling Digital Signage Market Growth

The market for digital signage is growing rapidly because of the extensive use of electronic large screen displays in various commercial industries like finance, retail, transportation, and hospitality. In recent times, digital signages are also utilized in automated teller machines and e-banking services in the financial industry. The technology has helped the sector to digitalize product promotion, display motion messages, and remotely update and manage contents. Technological developments in implementation of biometric technology combined with digital signage devices are also influencing positive growth in the market. The market is also fueled by enhancement in LCD/LED technologies and an increasing investment in advertising and marketing.

Increasing Development of Infrastructure in Retail Stores to Improve Shopping Experience Driving Market Growth

Today retailers are using digital signage to improve shopping experience, resulting in the augmentation of sales. They have started making immense investments in the infrastructure of retail stores to gain advantages from digitalization. With the increasing use of digital signage retailers can also offer theme-based digitally improved experience stores, personalized offering, and other innovative services. Nowadays, the digital signage solutions act as the customer touchpoints by offering improved control and information in the banking and financial industry. These improvements will augment the demand for digital signage solutions and improve its market value.

Related Report:

Augmented Reality (AR),Virtual Reality (VR), Mixed Reality (MR) Market

Commercial Display Market

Digital Out-of-Home Advertising Market

Digital Signage Software Market

AR and VR Smart Glasses Market 

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg

 

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Waters Corporation to Host Investor Day on March 5, 2025

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MILFORD, Mass., Jan. 10, 2025 /PRNewswire/ — Waters Corporation (NYSE:WAT) announced that it will host an Investor Day on Wednesday, March 5th, 2025, in New York City, starting at 8:30 AM ET.

The event will feature presentations by members of the senior management team, who will discuss business initiative achievements, new strategic priorities, and our vision for future shareholder value creation. A Q&A session will follow.

In-Person Attendance
To request in-person attendance at this event, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’.

Webcast
A live webcast will be available the day of the event. To register for the webcast, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’. A replay of the webcast will be available shortly after the event concludes.

About Waters Corporation
Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.

Caspar Tudor, Head of Investor Relations
investor_relations@waters.com

View original content:https://www.prnewswire.com/news-releases/waters-corporation-to-host-investor-day-on-march-5-2025-302348226.html

SOURCE Waters Corporation

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As Retail Cybercrime Surges, Plank Road Ventures To Present Technology Solutions At NRF 2025 Big Show

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HOBOKEN, N.J., Jan. 10, 2025 /PRNewswire/ — Credit cards and other non-cash payment methods now account for some 80% of purchasing activity, according to some reports. It’s convenient for consumers, but each retail transaction may expose vital shopper information to nation-state and other cybercriminals. Consumers are inconvenienced, while retailers may suffer reputational and financial damage.

To combat the upsurge in digital incursions, Plank Road Ventures — an eMazzanti Technologies company — will present artificial intelligence, cybersecurity best-practice and other retail solutions at the NRF (National Retail Federation) 2025 Retail’s Big Show at Booth 2306, in the Startup Hub of New York City’s Jacob K. Javits Convention Center from January 12 through January 14, 2025.

“The rise in credit card, digital and other payment methods have made retailers a rich target for cyberthieves,” warns eMazzanti Technologies President Carl Mazzanti. “POS systems, for example, can store customer information and purchase history, enabling retailers to capture the information they need to inform targeted marking campaigns and personalized shopping experiences. But POS transactions also pose an attractive target for cybercriminals, and a successful data breach will have far-reaching consequences.”

Plank Road Ventures, a global managed services provider, partners with leading companies like Microsoft, Watchguard, HP, and I3 Communications to help retailers deploy technology that improve and secure their operations and store strategies, while enhancing customer experience and engagement. Retailers can meet with trained professionals from Plank Road Ventures at the NRF 2025 Retail’s Big Show, and learn about leading-edge POS and other solutions.

About eMazzanti Technologies
eMazzanti’s team of trained, certified IT experts deliver rapid response, increased revenue growth, data security, and productivity for organizations of all sizes. The firm offers cloud and mobile solutions, multi-site technology implementations, outsourced network management, 24 x 7 support, digital marketing services, and cyber security assessments and protection services.

About Plank Road Ventures
Our team of experienced retail experts works with clients to understand their specific requirements and recommend the best options. Specializing in store operations and support, the team is available 24x7x 365.

View original content:https://www.prnewswire.com/news-releases/as-retail-cybercrime-surges-plank-road-ventures-to-present-technology-solutions-at-nrf-2025-big-show-302348181.html

SOURCE Plank Road Ventures

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Kevin Lanouette Named Senior Vice President and General Counsel

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BEDFORD, Mass., Jan. 10, 2025 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Kevin Lanouette has been named Senior Vice President and General Counsel, effective January 17, 2025. Tonya Drake, the Company’s Executive Vice President and General Counsel, will transition to an advisory role ending March 7, 2025.

“I’d like to thank Tonya for her many years of service to iRobot,” said Gary Cohen, iRobot CEO. “Her legacy of tenacity and rigor in protecting the iRobot Company and our brand has been exemplary.”

“Kevin is a seasoned and highly skilled attorney whose experience in advising on complex corporate and securities, commercial, M&A and IP protection matters will be invaluable as we execute our strategic initiatives and work toward a return to profitable growth,” said Cohen.

Formerly, Mr. Lanouette was a Partner at OutsideGC, a Boston-based law firm, where he specialized in providing strategic legal counsel to clients at all stages of development and across a broad range of industries, including technology development, software and services and healthcare. Previously, he served as Assistant General Counsel at Analog Devices, Inc., a leading global semiconductor manufacturer, from 2006 to 2020, where he had responsibility for several critical legal functions, including corporate, SEC and securities matters, IP licensing and technology transfers, M&A and investments, global commercial transactions, and governance and compliance issues.

He is a graduate of the University of Maine and Harvard Law School.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold more than 50 million robots worldwide. iRobot’s product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation’s expectations concerning executive transitions and execution of the company’s strategy. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

 

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SOURCE iRobot Corporation

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