Report : Europe 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)

On-Premise Segment to Dominate Europe Digital Wayfinding Solutions Market During 2021–2028

 

According to a new market research study on “Europe Digital Wayfinding Solutions Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Deployment, and Application” is expected to reach US$ 194.17 million by 2028 from US$ 67.05 million in 2021. The market is estimated to grow at a CAGR of 16.4% from 2021 to 2028. The report provides trends prevailing in the Europe digital wayfinding solutions market along with the drivers and restraints pertaining to the market growth. Escalating use of digital wayfinding solutions in healthcare sector is the major factor driving the growth of the Europe digital wayfinding solutions market. However, high cost of infrastructural Improvements may hamper the growth of the market hinders the growth of Europe digital wayfinding solutions market.   

 

The Europe 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 Europe digital wayfinding solutions market is segmented into Germany, Italy, UK, France, Russia, and Rest of Europe.

 

Acquire Digital; LamasaTech Ltd; TrouDigital; and Everbridge Inc.  are among the leading companies in the Europe 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 2021, 22MILES has announced a partnership with CISCO, which will allow users to seamlessly integrate 22MILES version 6 of their PublisherPro. CISCO's collaborative communications technologies are integrated into the AIoT software platform.    

 

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