The sign, graphics and visual communications industry is poised for continued above-average growth in 2018, according to the latest quarterly economic report commissioned by the International Sign Association (ISA).
Shipments of flexible displays, including those for digital signage applications, will increase from nearly 170 million units in 2017 to nearly 643 million units by 2022, according to a report from market research firm Tractica.
Retail remains the largest end-user group for transparent digital signage, according to a new report from market research firm Technavio, which predicts the technology will experience a compound annual growth rate (CAGR) of 29 per cent from 2017 to 2021.
Most sign and graphic companies across Canada and the U.S. experienced positive sales growth in 2017, according to a survey by the Specialty Graphic Imaging Association (SGIA), suggesting the industry continues to be strong.
The global value of the large-format printer market is forecast to experience a compound annual growth rate (CAGR) of four per cent, according to research firm MarketsandMarkets, rising from nearly US$8.4 billion in 2017 to nearly US$10.6 billion in 2023.
The International Sign Association (ISA) is certainly forecasting growth through 2019. Its quarterly economic reports, compiled by market research firms IHS and Vandiver and Associates and sponsored by the National Association of Sign Supply Distributors (NASSD), assess a range of commodities, supplier markets and end-user markets.
The out-of-home (OOH) advertising firms that comprise the OOH Marketing Association of Canada (OMAC) provided space worth more than $24 million in 2016 to more than 120 non-profit organizations and charities.
The digital out-of-home (DOOH) advertising market was valued at US$12.5 billion in 2006 and will reach US$26.2 billion by 2023, according to a new forecast from Research and Markets, for a compound annual growth rate (CAGR) of 10.7 per cent.