Smart LED indoor signage market size to grow by USD 2,090.71 million

According to Technavio, the global smart LED indoor signage market size is estimated to grow by USD 2090.71 million from 2022 to 2027. The market is estimated to grow at a CAGR of 21.62% during the forecast period. The report includes historic market data from 2017 to 2021.

In 2017, the market was valued at USD 725.74 million. North America will account for 36% of the market growth during the forecast period.

The retail industry is the key end-user in the market. The demand for smart LED indoor signages is increasing in the retail industry with the growing number of retail stores globally. In addition, investments in digital technologies by retailers to create unique shopping experience for customers is driving the growth of the segment.