Report : Asia Pacific Digital Wayfinding Solutions Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Deployment (On-Premise and Cloud-Based), and Application (Airport, Retail, Healthcare, Museum, and Others)
Retail Segment to Dominate APAC Digital Wayfinding Solutions Market During 2021–2028
According to a new market research study on “APAC Digital Wayfinding Solutions Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Deployment, and Application” is expected to reach US$ 148.28 million by 2028 from US$ 47.58 million in 2021. The market is estimated to grow at a CAGR of 17.6% from 2021 to 2028. The report provides trends prevailing in the APAC digital wayfinding solutions market along with the drivers and restraints pertaining to the market growth. Increasing use of interactive wayfinding software is the major factor driving the growth of the APAC digital wayfinding solutions market. However, high cost of infrastructural Improvements may hamper the growth of the market hinders the growth of APAC digital wayfinding solutions market.
The APAC digital wayfinding solutions market is analyzed based on component, deployment, application, and country. Based on component, the market is bifurcated into software and services. The software segment dominated the market in 2020 and is services segment expected to be fastest growing during forecast period. Based on deployment, the market is segmented as on-premise and cloud. The on-premise segment dominated the market in 2020 and cloud is expected to be fastest growing during forecast period. Based on application, the market is segmented as airport, retail, healthcare, museum, and others. The retail segment dominated the market in 2020 and healthcare segment is expected to be fastest growing during forecast period. Based on country, the APAC digital wayfinding solutions market is segmented into the China, Japan, India, Australia, South Korea, and Rest of APAC.
Acquire Digital; Click Grafix; Everbridge Inc.; Jarma Technologies LLP; and Xtreme Media Pvt. Ltd. are among the leading companies in the APAC digital wayfinding solutions market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2022, Xtreme Media announced its strategic alliance with Rahi, India's largest global enterprise solutions supplier that will reshape the display solutions industry not just in India but globally.
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