Key Insights
The European digital signage market is experiencing robust growth, driven by the increasing adoption of digital displays across diverse sectors. The market, estimated at XX million in 2025, is projected to maintain a Compound Annual Growth Rate (CAGR) of 10.70% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the rising need for enhanced customer engagement and improved brand communication is pushing businesses in retail, hospitality, transportation, and corporate sectors to invest heavily in dynamic digital signage solutions. Secondly, technological advancements, such as the introduction of higher-resolution displays, interactive screens, and sophisticated content management systems (CMS), are contributing to the market's growth. The integration of data analytics with digital signage is another significant driver, enabling businesses to track campaign effectiveness and personalize content for better results. Finally, the increasing prevalence of smart cities initiatives is further bolstering demand, as municipalities leverage digital signage for public information dissemination, wayfinding, and traffic management.
While the market presents significant opportunities, certain challenges remain. The high initial investment cost associated with implementing digital signage systems can be a deterrent for small and medium-sized enterprises (SMEs). Moreover, the need for regular maintenance and software updates poses an ongoing operational expense. Despite these constraints, the long-term benefits of improved customer experience, increased brand visibility, and enhanced operational efficiency are outweighing the initial investment costs, leading to sustained market growth. The market segmentation reveals a strong presence across various end-user verticals, with retail and corporate sectors leading the charge. Geographically, Germany, the United Kingdom, France, and Italy represent major markets within Europe, fueled by a high concentration of system integrators and end-users. The presence of numerous key players, ranging from hardware manufacturers like LG Display and Samsung to software providers like signageOS and system integrators like Creative Technology Group, indicates a competitive yet dynamic market landscape.

Europe Digital Signage Industry Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the Europe digital signage industry, encompassing market dynamics, growth trends, key players, and future outlook. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report offers invaluable insights for industry professionals, investors, and strategic decision-makers. The report leverages extensive data analysis to provide a granular view of the market, segmented by type (hardware, software, services), end-user vertical (retail, transportation, hospitality, corporate, education, government, others), and key European countries (United Kingdom, Germany, France, Italy, Belgium, and Rest of Europe).
Europe Digital Signage Industry Market Dynamics & Structure
The European digital signage market is characterized by moderate concentration, with several key players vying for market share. Technological innovation, particularly in areas like AI-powered content management and interactive displays, is a major growth driver. Regulatory frameworks concerning data privacy and advertising standards significantly influence market dynamics. The market faces competition from traditional advertising media, but the increasing demand for targeted and engaging customer experiences fuels its growth. Mergers and acquisitions (M&A) activity, while not exceptionally high, contributes to market consolidation and technological advancement.
- Market Concentration: Moderately concentrated, with top players holding xx% of the market share in 2025.
- Technological Innovation: AI-powered content management, interactive displays, and 8K resolution drive growth.
- Regulatory Framework: GDPR and advertising regulations impact data usage and content creation.
- Competitive Substitutes: Traditional advertising media (print, billboards) pose competition.
- End-User Demographics: Growing urban populations and increasing digital literacy boost demand.
- M&A Trends: xx M&A deals were recorded between 2019 and 2024, mostly focused on technology integration and market expansion.
Europe Digital Signage Industry Growth Trends & Insights
The European digital signage market witnessed robust growth during the historical period (2019-2024), driven by the rising adoption of digital technologies across various sectors. The market is expected to maintain its growth trajectory during the forecast period (2025-2033), exhibiting a Compound Annual Growth Rate (CAGR) of xx%. This growth is fueled by increasing demand for personalized customer experiences, advancements in display technology (higher resolution, improved brightness, and interactivity), and the rising integration of digital signage with other technologies, such as IoT and analytics. Market penetration, currently at xx%, is projected to reach xx% by 2033. The shift towards programmatic advertising and data-driven content management also contributes to the market's expansion. The market has seen adoption rates increase by xx% in the last five years. Technological disruptions, such as the introduction of flexible displays and holographic projection, are expected to further accelerate market growth. Changes in consumer behavior, particularly the preference for interactive and personalized experiences, will continue to propel market expansion. The pandemic accelerated the adoption of contactless technologies, bolstering growth in certain sectors like retail and hospitality.

Dominant Regions, Countries, or Segments in Europe Digital Signage Industry
The United Kingdom holds a leading position in the European digital signage market, followed by Germany and France. This dominance is attributable to strong economic growth, robust infrastructure development, and high digital adoption rates in these countries. The Retail sector currently dominates the end-user vertical segment, followed by Transportation and Hospitality. This is due to the high foot traffic and opportunities for targeted advertising. The Hardware segment accounts for a significant market share, driven by the increasing demand for high-resolution displays and sophisticated media players.
- United Kingdom: Strong economic conditions and high digital adoption rates drive market growth.
- Germany & France: Developed infrastructure, significant investment in digital technologies, and a large retail sector contribute to market expansion.
- Retail Sector: High foot traffic, targeted advertising opportunities, and the need for enhanced customer experience drive strong demand.
- Hardware Segment: Technological advancements in display technologies and media players fuel growth.
Europe Digital Signage Industry Product Landscape
The digital signage product landscape is rapidly evolving, with advancements in display technologies (OLED, LED, and LCD), software solutions (content management systems and interactive applications), and services (installation, maintenance, and content creation). Products now offer features like high resolution, improved brightness, advanced interactivity, and sophisticated analytics capabilities. Unique selling propositions often revolve around ease of use, scalability, and integration capabilities. Technological advancements continue to focus on improved energy efficiency, seamless integration with other technologies, and enhanced analytics capabilities to provide data-driven insights to businesses.
Key Drivers, Barriers & Challenges in Europe Digital Signage Industry
Key Drivers:
- Technological advancements in display technology and software.
- Increased demand for targeted advertising and personalized customer experiences.
- Growing adoption of digital signage in various end-user verticals.
- Government initiatives promoting digital transformation and smart cities.
Key Barriers and Challenges:
- High initial investment costs can deter some businesses.
- Concerns about data privacy and security.
- Competition from traditional advertising media.
- Supply chain disruptions and component shortages. These shortages impact manufacturing and lead times, impacting market availability and driving up prices.
Emerging Opportunities in Europe Digital Signage Industry
- Increased adoption of AI and machine learning for content personalization and audience targeting.
- Growth in interactive digital signage solutions.
- Expansion into new and untapped markets.
- Focus on sustainability and energy-efficient solutions.
Growth Accelerators in the Europe Digital Signage Industry Industry
Long-term growth in the European digital signage market is expected to be propelled by technological innovation, strategic partnerships, and market expansion into emerging sectors. Advancements in display technology will provide higher resolution, brighter displays, and enhanced interactive capabilities, driving market growth. Partnerships between digital signage providers and software companies will lead to integrated solutions that offer better functionality and scalability. Expansion into new markets, like smart cities and transportation, will create new growth avenues.
Key Players Shaping the Europe Digital Signage Industry Market
- 10 Visionbox Co Ltd
- 8 Creative Technology Group
- List of System Integrators
- 5 AG Neovo
- 8 ST Digital
- 1 Allsee Technologies Ltd
- 2 SpinetiX SA
- 3 Tata Elxsi Ltd
- 4 Toshiba Tec Europe
- 3 Innolux Corp
- 6 Livewire Digital
- 9 Winstar Display Co Ltd
- 11 Leyard Europe Co Ltd
- 7 signageOS Inc
- 2 LG Display Co Ltd
- Infrastructure Providers
- 7 OSRAM OLED GmbH
- 9 Signagelive
- 6 Adversign Media GmbH
- 10 Daktronics Dr *List Not Exhaustive
- 5 Raystar Optronics Inc
- 1 Samsung Display Solutions (Samsung Electronics Co Ltd)
- 4 FocusNeo AB
Notable Milestones in Europe Digital Signage Industry Sector
- December 2022: SpinetiX SA and Media Solutions announce a new distribution partnership in Switzerland, expanding SpinetiX's reach.
- March 2022: Broadsign and Clear Channel Europe partner to offer media buyers access to Clear Channel's DOOH network in the UK, increasing advertising opportunities.
In-Depth Europe Digital Signage Industry Market Outlook
The future of the European digital signage market looks bright, with significant growth potential driven by continued technological innovation, increased adoption across various sectors, and the emergence of new applications. Strategic partnerships and expansion into untapped markets will be key factors driving long-term growth. The market will likely see an increased focus on data-driven solutions, personalized experiences, and sustainable technologies. The integration of digital signage with other technologies, such as AI, IoT, and analytics, will unlock further growth opportunities and transform the way businesses engage with their customers.
Europe Digital Signage Industry Segmentation
-
1. Type
-
1.1. Hardware
- 1.1.1. LCD/LED Display
- 1.1.2. OLED Display
- 1.1.3. Media Players
- 1.1.4. Projectors/Projection Screens
- 1.1.5. Other Hardware
- 1.2. Software
- 1.3. Services
-
1.1. Hardware
-
2. End-user Vertical
- 2.1. Retail
- 2.2. Transportation
- 2.3. Hospitality
- 2.4. Corporate
- 2.5. Education
- 2.6. Government
- 2.7. Other End-user Verticals
Europe Digital Signage Industry Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Digital Signage Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 10.70% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Evolution of Turnkey Solutions; Trends Favoring the Growth of Context-aware Advertising as Opposed to Conventional Modes of Advertising; Steady Increase in DOOH Spending in Europe to Continue to Supplement Market Growth
- 3.3. Market Restrains
- 3.3.1. Concerns Over Invasion of Customer Privacy
- 3.4. Market Trends
- 3.4.1. Retail Industry is Expected to Hold Significant Market Share
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Hardware
- 5.1.1.1. LCD/LED Display
- 5.1.1.2. OLED Display
- 5.1.1.3. Media Players
- 5.1.1.4. Projectors/Projection Screens
- 5.1.1.5. Other Hardware
- 5.1.2. Software
- 5.1.3. Services
- 5.1.1. Hardware
- 5.2. Market Analysis, Insights and Forecast - by End-user Vertical
- 5.2.1. Retail
- 5.2.2. Transportation
- 5.2.3. Hospitality
- 5.2.4. Corporate
- 5.2.5. Education
- 5.2.6. Government
- 5.2.7. Other End-user Verticals
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Germany Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Digital Signage Industry Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 10 Visionbox Co Ltd
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 8 Creative Technology Group
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 List of System Integrators
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 5 AG Neovo
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 8 ST Digital
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 1 Allsee Technologies Ltd
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 2 SpinetiX SA
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 3 Tata Elxsi Ltd
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 4 Toshiba Tec Europe
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 3 Innolux Corp
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 6 Livewire Digital
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.12 9 Winstar Display Co Ltd
- 13.2.12.1. Overview
- 13.2.12.2. Products
- 13.2.12.3. SWOT Analysis
- 13.2.12.4. Recent Developments
- 13.2.12.5. Financials (Based on Availability)
- 13.2.13 11 Leyard Europe Co Ltd
- 13.2.13.1. Overview
- 13.2.13.2. Products
- 13.2.13.3. SWOT Analysis
- 13.2.13.4. Recent Developments
- 13.2.13.5. Financials (Based on Availability)
- 13.2.14 7 signageOS Inc
- 13.2.14.1. Overview
- 13.2.14.2. Products
- 13.2.14.3. SWOT Analysis
- 13.2.14.4. Recent Developments
- 13.2.14.5. Financials (Based on Availability)
- 13.2.15 2 LG Display Co Ltd
- 13.2.15.1. Overview
- 13.2.15.2. Products
- 13.2.15.3. SWOT Analysis
- 13.2.15.4. Recent Developments
- 13.2.15.5. Financials (Based on Availability)
- 13.2.16 Infrastructure Providers
- 13.2.16.1. Overview
- 13.2.16.2. Products
- 13.2.16.3. SWOT Analysis
- 13.2.16.4. Recent Developments
- 13.2.16.5. Financials (Based on Availability)
- 13.2.17 7 OSRAM OLED GmbH
- 13.2.17.1. Overview
- 13.2.17.2. Products
- 13.2.17.3. SWOT Analysis
- 13.2.17.4. Recent Developments
- 13.2.17.5. Financials (Based on Availability)
- 13.2.18 9 Signagelive
- 13.2.18.1. Overview
- 13.2.18.2. Products
- 13.2.18.3. SWOT Analysis
- 13.2.18.4. Recent Developments
- 13.2.18.5. Financials (Based on Availability)
- 13.2.19 6 Adversign Media GmbH
- 13.2.19.1. Overview
- 13.2.19.2. Products
- 13.2.19.3. SWOT Analysis
- 13.2.19.4. Recent Developments
- 13.2.19.5. Financials (Based on Availability)
- 13.2.20 10 Daktronics Dr *List Not Exhaustive
- 13.2.20.1. Overview
- 13.2.20.2. Products
- 13.2.20.3. SWOT Analysis
- 13.2.20.4. Recent Developments
- 13.2.20.5. Financials (Based on Availability)
- 13.2.21 5 Raystar Optronics Inc
- 13.2.21.1. Overview
- 13.2.21.2. Products
- 13.2.21.3. SWOT Analysis
- 13.2.21.4. Recent Developments
- 13.2.21.5. Financials (Based on Availability)
- 13.2.22 1 Samsung Display Solutions (Samsung Electronics Co Ltd)
- 13.2.22.1. Overview
- 13.2.22.2. Products
- 13.2.22.3. SWOT Analysis
- 13.2.22.4. Recent Developments
- 13.2.22.5. Financials (Based on Availability)
- 13.2.23 4 FocusNeo AB
- 13.2.23.1. Overview
- 13.2.23.2. Products
- 13.2.23.3. SWOT Analysis
- 13.2.23.4. Recent Developments
- 13.2.23.5. Financials (Based on Availability)
- 13.2.1 10 Visionbox Co Ltd
List of Figures
- Figure 1: Europe Digital Signage Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Digital Signage Industry Share (%) by Company 2024
List of Tables
- Table 1: Europe Digital Signage Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Digital Signage Industry Revenue Million Forecast, by Type 2019 & 2032
- Table 3: Europe Digital Signage Industry Revenue Million Forecast, by End-user Vertical 2019 & 2032
- Table 4: Europe Digital Signage Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Europe Digital Signage Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Germany Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: France Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Italy Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: United Kingdom Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Netherlands Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Sweden Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Rest of Europe Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Europe Digital Signage Industry Revenue Million Forecast, by Type 2019 & 2032
- Table 14: Europe Digital Signage Industry Revenue Million Forecast, by End-user Vertical 2019 & 2032
- Table 15: Europe Digital Signage Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 16: United Kingdom Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 17: Germany Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: France Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Italy Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Spain Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Belgium Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: Sweden Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Norway Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Poland Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Denmark Europe Digital Signage Industry Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Digital Signage Industry?
The projected CAGR is approximately 10.70%.
2. Which companies are prominent players in the Europe Digital Signage Industry?
Key companies in the market include 10 Visionbox Co Ltd, 8 Creative Technology Group, List of System Integrators, 5 AG Neovo, 8 ST Digital, 1 Allsee Technologies Ltd, 2 SpinetiX SA, 3 Tata Elxsi Ltd, 4 Toshiba Tec Europe, 3 Innolux Corp, 6 Livewire Digital, 9 Winstar Display Co Ltd, 11 Leyard Europe Co Ltd, 7 signageOS Inc, 2 LG Display Co Ltd, Infrastructure Providers, 7 OSRAM OLED GmbH, 9 Signagelive, 6 Adversign Media GmbH, 10 Daktronics Dr *List Not Exhaustive, 5 Raystar Optronics Inc, 1 Samsung Display Solutions (Samsung Electronics Co Ltd), 4 FocusNeo AB.
3. What are the main segments of the Europe Digital Signage Industry?
The market segments include Type, End-user Vertical.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Evolution of Turnkey Solutions; Trends Favoring the Growth of Context-aware Advertising as Opposed to Conventional Modes of Advertising; Steady Increase in DOOH Spending in Europe to Continue to Supplement Market Growth.
6. What are the notable trends driving market growth?
Retail Industry is Expected to Hold Significant Market Share.
7. Are there any restraints impacting market growth?
Concerns Over Invasion of Customer Privacy.
8. Can you provide examples of recent developments in the market?
December 2022 - SpinetiX SA and Media Solutions have announced a new distribution partnership in Switzerland. As part of the agreement, Media Solutions would offer the SpinetiX complete solution, such as HMP media players, DSOS operating system, SpinetiX ARYA cloud, Elementi digital signage software with its 250+ widgets to a series of professional services. Media Solutions has expanded its digital signage portfolio and can now offer resellers and integrators various customizable hardware, software, content management, and service choices to their customers.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Digital Signage Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Digital Signage Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Digital Signage Industry?
To stay informed about further developments, trends, and reports in the Europe Digital Signage Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence