Transcending the distance from scrolling message boards to remotely controlled networks, digital signage has emerged as a compelling substitute to the conventional signage industry. Although in its nascent stage, the worldwide digital signage market is riding on the path of growth, offering a dynamic messaging medium with an enhanced message impact.
This report attempts to gauge the potential of digital signage industry and isolate its key growth drivers. Apart from a PEST analysis conducted against the backdrop of emerging market trends, we also use the Porter framework to take an in-depth look at the pulls and pushes for this relatively nascent industry.