Software Segment to Dominate North America Digital Wayfinding Solutions Market During 2021–2028

According to a new market research study on “North America Digital Wayfinding Solutions Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Deployment, and Application” is expected to reach US$ 260.00 million by 2028 from US$ 95.57 million in 2021. The market is estimated to grow at a CAGR of 15.4% from 2021 to 2028. The report provides trends prevailing in the North America digital wayfinding solutions market along with the drivers and restraints pertaining to the market growth. Rising adoption of digital signage for wayfinding is the major factor driving the growth of the North America digital wayfinding solutions market. However, high cost of infrastructural Improvements may hamper the growth of the market hinders the growth of North America digital wayfinding solutions market.   

The North America 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 North America digital wayfinding solutions market is segmented into the US, Canada, and Mexico.

Acquire Digital; ConnectedSign; Everbridge Inc.; Gozio Inc.; Miles, Inc.; Ping HD; and Visix, Inc. are among the leading companies in the North America 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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