Search DubaiPRNetwork.com

Home >> Others

LED to lead the digital signage industry to the next level

Tuesday, September 5, 2017/ Editor -  

Share

Home >> Others

SGI Dubai 2018 to showcase cutting edge digital signage solutions

Dubai, September 5, 2017: The digital technologies have overtaken the more traditional print versions of late.  Retailers, entertainment and leisure venues, corporate houses and other businesses are constantly monitoring their marketing and communication approaches to be conspicuous in such a crowded marketplace. As a result, many organisations are taking maximum advantage of powerful signage as choice means of place-based mass communication. Digital signage can be a powerful tool for engaging customers for any business and LED is proving to be the preferred technology. The LED industry was worth US$45-47 billion in 2016 as per reports and represents around 50% of the total lighting industry.

Abdul Rahman Falaknaz, Chairman of International Expo Consults stated that,“The digital signage industry is on a major upswing largely driven by the area’s growing retail, commercial, healthcare, F&B, tourism and infrastructure sectors. The digital signage industry is mostly catered to by the LED technology and the demand for high definition picture quality complimented with attractive design is driving the demand for displays market'.

While Northern America is the largest market for LED and South East Asia the fastest growing for the sector, the MENA region isn’t that far behind due to the huge infrastructure advancements which would correlate to acceleration in LED lighting developments.

According to Mr. Sunil Purushothaman, General Manager, Masonlite, “LED’s have reached every nook and corner by cutting costs, saving power and being efficient. The market is very attractive and promising as LED’s find great utility for both indoor and outdoor signs. Digital printing will have an impact as a result of this, however, this is being replaced by a vibrant, attractive, economic variant which requires less maintenance. Retail market, especially will find LED technology a boon for its promotional requirements”.

Customers tend to be more attentive and inquisitive thereby improving their awareness, loyalty and satisfaction. Factors which lead to a higher average purchase, repeat business and overall sales figures. Digital signage doesn’t just have applications in sales but also for internal communications within the organization.

The study also highlights that the GCC LED lighting market will be subject to a growth of 16.8 % (CAGR) from 2015 to 2020 to reach sales to the amount of US$1,978.1 million. Additional requirements of pursuing lighting energy conservation, LED lighting will have more opportunities of replacing conventional lighting. The global digital signage market is expected to grow from USD 19.61 Billion in 2016 to USD 32.84 Billion by 2023, at a CAGR of 7.4%. Research shows that it can be upto four times as captive than static displays, thereby increasing the recall rate and the effectivity of brand awareness campaigns.

“In the GCC, the penetration of LED lighting stands at 38% of the total market and expected to cross 50% till 2020. SGI Dubai is the only such platform promoting the industry in MENA region. The GCC countries look forward to this show every year to experience the latest in technology. With events like EXPO 2020, the LED market will definitely witness a major push in sales,” Sunil concluded.                


Previous in Others

Next in Others


Home >> Others Section

Latest Press Release

Al Tayer Motors to Celebrate Ferrari's 70th Anniversary in the UAE

Airline and Airport Cios Embrace Artificial Intelligence

CRA e-Spectrum Services Portal Receives Arab Government Achievement Award

ALDO - Girl Power Collection!

First major cotton yarn plant in region comes to SOHAR Freezone

Nelson Piquet Jr and Mitch Evans to Electrify Panasonic Jaguar Racing

Gigabit speeds blast to 1.07 Gbps in North America

Time for a smartphone upgrade? GITEX Shopper is the place

Dubai Culture Receives 29 Scripts for ‘Best Script Award' Under a ‘Year of Givin ...

Alcatel-Lucent Enterprise expands its mobile campus solution to deliver high-per ...

Storage space steps up GITEX SHOPPER 2017 as Western Digital delivers path-break ...

Tissot Ballade introduces the silicon balance spring

Splash launches Online Exclusives as part of its online shopping portfolio

Corum Heritage Sublissima - Pure grace

Vitamin D deficiency a strong factor in failed pregnancies, warn doctors

His Excellency Sami Al Qamzi inaugurates GITEX Shopper 2017

Sharjah Chamber concludes its participation in the World Chambers Congress in Sy ...

500 Exhibitors to Participate in MidEast Watch & Jewellery Show 2017

Sharjah's Research, Technology, and Innovation Park the new regional headquarter ...

The Education Affairs Office Announces Local and International Partners for &quo ...