The global digital media Frame market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). Digital media frame also known as a digital photo frame is a digital display frame that shows multiple or single photos without the need of a computer. Digital media frames work by displaying photos from connected storage devices, including pendrive, memory cards, and others. The major factor attributing to the growth of the global digital media frame market includes the increasing application of digital media frames for decoration at home due to increasing purchasing power of people due to increasing adjusted net national income per capita across the globe. According to the World Bank Data statistics, the net national income per capita has consistently increased over the last decade. The recorded adjusted net national income per capita increased from $7,246.71 in 2009 to $9,434.42 in 2019. Thus, increasing the demand for digital media frames by people.
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The use of digital media frames is also increasing due to various advantages provided by digital media frames. These advantages include bright displays with high resolutions, a thin & sleek design for interior decoration, available at a lower price, often offered cloud-based interfaces, the ability to show video clips also, and many others. Thus, contributing to the growth of the global digital media frame market.
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The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instances-
- In August 2019, Nixplay, a digital media frames manufacturer signed a distribution agreement with Sherpa Group. Under this agreement, Sherpa Group will distribute digital signage solutions by Nixplay Signage to dealers by using its coast-to-coast distribution network.
- In August 2019, Lenovo upgraded its existing smart clock by adding a built-in google assistant. This feature will turn the screen into a digital photo frame.
- In May 2019, Aluratek launched a new range f digital photo frames featuring WiFi. The new range of digital frames comes with various features including an in-built touchscreen display, and 16 GB of built-in memory.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Power Source
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Aluratek, Eastman Kodak Co., HP Development Co. L.P., LG Electronics India Pvt. Ltd., and Nixplay, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Digital Media Frame Market Report by Segment
By Type
- Pen Touch Control Frame
- Remote Control Frame
By Power Source
- Battery-Powered
- Electric-Powered
By Application
- Household
- Commercial
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