Printing revenues in MENA to reach $26 billion by 2018 and global digital signage market to touch$20.03 billion by 2020
International Expo Consults (IEC) part of Falak Holding stated that SGI Dubai 2016 will showcase digital signage panels and state-of-the-art novel printers worth over AED220 million. The exhibition serves as a successful platform and caters to the needs of stakeholders and trade visitors' year on year in the signage, digital signage, retail signage solutions, outdoor media, screen and digital printing industries.
The global digital signage market is expected to touch $20.03 billion by 2020; according to a new study by Grand View Research Inc. As per reports, the UAE digital signage market alone is pegged to grow at a Compound Annual Growth Rate (CAGR) of around 23% during 2014-2019. According to Smithers Pira report, printing industry revenues in the MENA region is forecast to grow at 7.2% per annum and this would touch US$26 billion by 2018. This growth is being attributed to the surge in retail, travel and tourism and hospitality industries in addition to the fact that government has undertaken key infrastructure expansion initiatives.
"Being the largest exhibition of its kind in the Middle East, SGI Dubai has exhibitors and visitors from across the world who mutually stand to benefit from each other's presence. This mega event is a one-stop-shop where exhibitors and visitors can interact with sign makers, print and production manufacturers, architects, media agencies, real-estate developers, brand and image consultants. Our voyage through time has been memorable due to the encouraging support that we have received from our global and local exhibitors. Exhibitors at the event will be showcasing some of their best kept printing secrets," said Mr. Abdul Rahman Falaknaz, Chairman of IEC.
SGI Dubai 2015, an official DSF event welcomed over 400 global exhibitors from across 34 countries and registered over 12,781 trade visitors from 78 countries during the three days during January this year The 'SGI Dubai 2016' show will be held from January 10th to 12th at the Halls 3, 4, 5, 6, 7 and 8 at the Dubai World Trade Centre.
"There has been a sense of revival in the region in a big way post Dubai's Expo 2020 win and we can see the development happening around us at a breakneck speed. The demand within the printing and signage industry has grown tremendously and I am sure the stakeholders in this industry have experienced this growth since the last few years. SGI Dubai is aptly positioned to cater to the demands of the industry and is in sync with the exponential growth that the region is witnessing," concluded Mr. Falaknaz.
Potential customers and numerous business opportunities await the exhibitors of SGI Dubai 2016 which is truly a niche event in the Middle East. The event is a deep-rooted 18 year old business forum which is recognised globally and constitutes workshops and seminars held by industry experts apart from the exhibition.
It is an ideal converging point where visitors and exhibitors can reach out with architects, sign makers, print and production manufacturers, media agencies, real-estate developers, brand and image consultants among others.
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