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Digital Signage Revenue to Grow 10 Percent in 2015, IHS Says
Digital Signage Revenue to Grow 10 Percent in 2015, IHS Says

DigitalSignageReports

SANTA CLARA, Calif.
(June 8, 2015) — As the total cost for digital signage continues to decrease each year, expanded deployment becomes more feasible for larger audiences in many industry sectors. According to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, with the availability of larger panels, ultra-narrow bezel video wall displays, higher resolution, lower power consumption and a variety of content management software available in the market, overall revenue for the digital signage market is expected to increase by 10 percent in 2015 and 7 percent in 2016.
 

Based on the latest information from the IHS Digital Signage Industry Market Tracker, software revenue had its strongest overall growth in 2014, generating $431 million — an increase of 21 percent over the previous year. Media players and set-top boxes (STBs) had the next largest increase of 19 percent, followed by digital out-of-home media revenue at 11 percent. 

“As the 4K ecosystem continues to mature, further revenue growth for media players, set-top boxes and PCs will be driven by the expansion of 4K digital signage solutions,” said Sanju Khatri, director of digital signage and professional displays for IHS Technology. “An increase in the availability of 4K media players, along with decreased costs for entry into the space, will help propel strong growth this year and in 2016.”

Srouce: digitalsignageblog.com

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“Our EDN screens at the YMCA offer us a great opportunity to broadcast information to our members while also sharing advertising that interests them. With access to the website, it’s easy for us to quickly make changes for the benefit of the hundreds of members who visit YMCA daily. Plus, the EDN tech crew is always available for any questions or needs we may have.”


Andrea Escobedo
Branch Director, Downtown YMCA
Pensacola, FL

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What Is Digital Signage?

Digital signage is a network of customizable displays that can be controlled electronically using a computer, allowing content to be changed remotely for the most targeted messaging possible. Digital signage is used for a wide variety of purposes including customer facing and employee facing applications such as advertising, enhancing customer or employee experiences, influencing audience behavior, brand building, interactive kiosks, up selling products and services, etc. Deployments can be found in such diverse locations as retail outlets, doctor’s offices, restaurants, corporate and school campuses, sports venues and even gas stations.

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Dr. Drlicka, DDS, PA

In 2010, we moved from our antiquated static display board to the Digital Signage offered by EDN in the lobby of our Visitor’s Information Center. It certainly adds a professional and clean look to our Visitor’s Center.

- Phillip M. Drlicka, DDS, PA
General Dentistry

About EDN Corporation

Electronic Display Networks is an innovative digital signage company that was established in July 2006.

Our strength in custom content creation allows us to offer you real time information to your clients through such modules as a digital newsletter, stock ticker, weather module, client scheduler and more to fit your specific business needs.

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