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Emerging Technologies such as 3D Digital Signage to Drive Demand for Digital Signage in UAE, says TechSci Research

March 24, 2014

BURNABY, British Columbia, March 24, 2014 /PRNewswire/ –

Growing Use of Video Walls and LEDs is Significantly Contributing to Expansion of UAE
Digital Signage Market

Digital signage is a form of digital display witnessing increasing adoption in retail,
transportation, hospitality and entertainment applications. The UAE is one of the major
digital signage markets in the Middle East & Africa region, exhibiting double digit
growth. The demand for digital signage has increased exponentially due to growing demand
from hotels, shopping malls and hospitals. As the UAE would be hosting World Expo 2020,
the demand for large screen display screens in malls, retail outlets, etc. is also
witnessing a robust growth.

(Logo:
http://photos.prnewswire.com/prnh/20140117/663730)

According to the recently published TechSci Research [http://www.techsciresearch.com ]
report “UAE Digital Signage Market Forecast & Opportunities, 2019
[http://www.techsciresearch.com/2735 ]“, the UAE digital signage market is projected to
grow at a CAGR of around 23% during 2014-19. Samsung, LG and Toshiba are the leading
suppliers of digital signage in the UAE. However, these companies are heavily dependent on
digital signage imports from China, Japan and South Korea. The report highlights that
digital signage can support various display formats such as pictures, video, TV broadcast,
animation, web pages, texts, MS power-point, MS-word, MS-excel, PDF documents, etc.
Further, digital signage also allows displaying multiple messages at the same time on the
screen and can be used both in indoor and outdoor applications.

The report reveals that the demand for digital signage is rising due to increasing
marketing expenditure, growth of high definition (HD) market, interactive communication,
animations, growth of Out of Home (OOH) advertisement, etc. Further, the market growth is
also being supported by expansion of organized retail sector, shopping malls, tourism,
airports, etc. The country is set to host “World Expo 2020″ in Dubai, and the government
plans to invest more than USD24 billion for organizing this Expo. This creates a huge
platform for digital signage players to promote their solutions and systems in the
exhibition.

“In the UAE’s digital signage market, display segment accounts for the highest revenue
share, due to increasing trend of large size screen. The segment is expected to continue
its dominance over the next five years, on account of growing video wall and 3D digital
signage market. The demand for LED displays is projected to witness fastest growth over
the forecast period.” said Mr. Karan Chechi, Research Director, with TechSci Research
[http://www.techsciresearch.com ], a research based global management consulting firm.

“UAE Digital Signage Market Forecast & Opportunities, 2019
[http://www.techsciresearch.com/2735 ]” has analyzed the potential of the digital signage
market and provides statistics and information on market sizes, shares and trends. The
report will suffice in providing the intending clients with cutting-edge market
intelligence and help them in taking sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers and key
challenges faced by the industry.

Contact:

Ken Mathews

Sales & Marketing Consultant

Contact Phone- +1 646 360 1656

Email- ken.mathews@techsciresearch.com


    Photo: 

http://photos.prnewswire.com/prnh/20140117/663730

SOURCE TechSci Research


Source: PR Newswire



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