New Digital Signage Market Research Shows Surge to $2.14 Billion in 2023

Peachtree Corners, GA –  June 17, 2024 22Miles, a global leader in experiential 3D wayfinding and digital signage technology, has partnered with Emergen Research, a leading market research company specializing in emerging technologies, to release its second Digital Signage Software Market research report.  

The free report provides a comprehensive trend analysis and forecasts for the digital signage software market, covering product types, spending by industry, screen sizes and types, resolutions, global and regional forecasts, and other factors fueling the industry’s bullish growth. 

Key Findings 

  • In 2023, the digital signage market in North America, Europe, and the Asia Pacific regions increased to $2.14 billion versus $1.67 billion in 2022, a 28% growth rate.
  • Projections indicate a soaring market value exceeding $14.3 billion by 2033, boasting a remarkable 27.9% CAGR.
  • North America remains the largest market, with just over 40 percent of the market value, while Europe has the highest growth potential with a CAGR of 22.2%. ​​
  • On-premises deployment demand for CMS continues to grow at a rate of 19.7% versus 23.3% for cloud-based CMS.
  • Corporate remains the top-spending industry for digital signage software at $439 million, followed by retail ($360 million) and education ($200 million).

The report also includes a competitive landscape survey of leading providers in the digital signage software marketplace, including company profiles, product insights, performance analysis and pricing for the top companies in the space by market share.

The full report is free for download on the 22Miles website at