LG Electronics partnered with VITEC, a provider of video encoding and streaming technologies. Through this agreement, LG webOS-based smart signs displays will be able to securely receive and display multicast MPEG video for enterprise IPTV customers. Through this partnership, an LG webOPs extension was added to VITEC's IPTV and digital signage platform, which seeks to support advanced IPTV applications in a secure and efficient manner.
Scala released the most recent version of their flagship digital signage platform, Scala Enterprise Version 12.50. The updated version includes improvements like workgroup administration, snapshot capabilities for Scala Media players, and more user-friendly, collapsible menu panels in content managers. Significant performance enhancements in the update enhance the online shopping experience for customers.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4822
Published Date: Sep 29, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Advancement in display technologies , Rising adoption of data analytics , and penetration of cloud based technologies are some of the major growth factors for the market .
The market size of Digital Signage Software is anticipated to attain a CAGR of 13.2 % over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are Broadsign International, Inc., Scala, Omnivex Corporation ,Mvix,Inc., Rise Vision, Inc., Barco., Siemens, Daktronics, BrightSign LLC, Panasonic Holdings Corporation, SHARP CORPORATION and others
The retail segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.