The global interactive display market size is expected to reach USD 18.81 Billion at a revenue CAGR of 8.1% in 2030, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by burgeoning smart appliance user base and growing public requirements for premium display panels. Advancements in OLED technology and component simplification also help technology to improve owing to a developing trend in the interactive display panel sector. Also, display panels are being used as a digital signage in industries including sports, media, and entertainment. For instance, on January 6, 2021, Samsung introduced NeoQLED line as a way to improve the QLED series, which combines micro-LED illumination with quantum dot technology.
Furthermore, technological advancements and rising adoption across a number of applications, including tablets, smartphones, laptops, and smart TVs, are expected to drive market revenue growth. Increased Over-The-Top (OTT) content availability is propelling demand for the wireless display sector for consumer applications. Another important factor driving market growth for interactive displays in corporate applications is cost savings, which can be realized through easy setup and reduced time spent setting up meeting rooms.
Compatibility of wireless displays with 4K technology enables higher quality content and is driving usage in consumer electronics devices. Increased adoption of various wireless display technologies as a result of firms introducing innovative products is also contributing to market revenue growth. However, as technology develops, manufacturing processes grow more delicate and complex, increasing cost of developing technologies such as flexible or foldable substrate panels. Market revenue growth is being constrained by all of these issues.
The report further sheds light on the competitive landscape of the interactive display market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the R&D and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.
Some Key Highlights in the Report
- On 25 March 2020, NEC Display Solutions, Ltd. (NDS), which is a subsidiary of NEC Corporation signed an agreement with Sharp Corporation. Through this joint venture, the companies will address visualization needs of their global customers.
- The OLED segment is expected to register a significantly fast revenue CAGR over the forecast period. Most recent breakthrough in display technology is creation of Organic Light-Emitting Diodes, which are considered significantly better than current generation of LED screens. OLED panels are gaining popularity and as their prices decrease, a larger spectrum of people will be able to afford them. Previously only found in high-end smartphones and appliances, Organic Light-Emitting Diode displays, such as Active-Matrix Organic Light Emitting Diode screens, are now available in mid-tier smartphones and appliances.
- The education segment is expected to register a significantly rapid CAGR during the forecast period. Sales of interactive displays, particularly interactive whiteboards, are a good fit for the education industry. Introduction of e-learning, which includes use of interactive displays, has made education more accessible, with improved student interactions and education quality. Exponential usage of interactive displays at airport terminals to inform passengers of schedule of arrivals and departures, bookings, ticket pricing, and status of trains and flights is expected to drive revenue growth of this segment.
- The Europe market is expected to register fastest revenue CAGR during the forecast period. As the region continues to embrace digital signage as a key form of advertising, demand for display panels in Europe is increasing. Europe is recognized for its big soccer games and many other significant competitions that necessitate the installation of enormous display panels for many purposes such as advertising and broadcasting highlights and replays. Additionally, Pixel FLEX True FLEX, is an extremely high-resolution, flexible rubber substrate LED device that can produce compound curves and rapidly and firmly connects through magnets to practically any surface, providing for a unique no-fan, no-noise design certain to capture attention.
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The prominent players profiled in the report are:
SAMSUNG, NEC Corporation, LG Communication Center, D&O, Sharp Corporation, Planar, Panasonic Holdings Corporation, ViewSonic Corporation, Elo Touch Solutions, Inc., Pro Display, BenQ, Meridian Kiosks, and Promethean Limited.
Furthermore, the report covers a comprehensive overview of the key regions and market segmentation into types and applications. The regional analysis of the global interactive display market considers key geographical regions of the world to study different aspects of the market. The market is segmented into key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The report on the Global interactive display Market is an investigative study on the key features of the business landscape along with an analysis of the growth opportunities, challenges, threats, drivers and restraints, and limitations of the market. The report also offers insights into the segments, sub-segments, and regions exhibiting promising growth.
Emergen Research has segmented the global interactive display market based on product type, panel type, panel size, technology, end-use, and region:
- Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Interactive Whiteboard
- Interactive Table
- Interactive Monitor
- Interactive Kiosk
- Interactive Video Wall
- Others
- Panel Type Outlook (Revenue, USD Billion; 2019-2030)
- Flat
- Flexible
- Transparent
- Panel Size Outlook (Revenue, USD Billion; 2019-2030)
- Less than 32”
- 33” – 42”
- 43 “- 55 “
- 56 “- 65 “
- 66 “- 70 “
- 71 “- 80 “
- 81 “- 90 “
- Over 90 “
- Technology Outlook (Revenue, USD Billion; 2019-2030)
- LCD
- LED
- OLED
- Others
- End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Retail & Hospitality
- BFSI
- Industrial
- Healthcare
- Corporate & Government
- Transportation
- Education
- Sports and Entertainment
- Others
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The report covers the analysis of the factors anticipated to drive the Global interactive display Market growth over the forecast period of 2022-2030. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2021 as the base year and 2019-2020 as the historical years. It puts examines drivers and restraints of the interactive display market and analyzes their impact on the industry throughout the forecast period.
Overview of the interactive display Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
- In-depth analysis of the risks, restraints, and limitations in the interactive display industry
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