Commercial Display Market:
As per the GMI Research’s latest analysis, Global Commercial Display Market reveals that the market is slated to register a significant CAGR over the forecast period. This is attributed to the widespread use and innovations in new technologies like OLED and QLED in the commercial display industry.
Commercial Display Market’s leading Manufacturers:
- Cisco
- CDW
- Koninklijke Philips N.V.
- Dell
- Sharp NEC Display Solutions of America, Inc.
- LG Display Co., Ltd.
- SAMSUNG, Panasonic Corporation
- Sony Corporation
- Sharp Electronics Corporation
Commercial Display Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)
Key Drivers
The global commercial display market is predicted to witness an upsurge in demand during the forecast period as commercial displays are largely utilized in retail and hospitality sectors as they are produced with extra warranty and can work for 16 to 24 hours a day. Furthermore, this technology improves brightness in high ambient light conditions integrated with special technology that helps resolve concerns, excellent onboard cooling, and image-retention. Commercial displays are highly cost-effective, offer a clean and sleek look, versatile, and have user-friendly nature. These factors are boosting the growth of the global commercial display market size. Furthermore, the rapid technological advancements in the commercial display section like outdoor 3D screens, holographic displays, and tactile touchscreen offer improved accurate pictures. These enhancements improve the quality of the product and outweigh monetary advantages. In addition to this, widespread use and innovations in new technologies like OLED and QLED in the commercial display industry are further accelerating the growth of the market in the upcoming years.
The emergence of the COVID-19 pandemic has hindered the growth of the commercial display industry due to temporary suspension and restrictions enacted on all operations by governments worldwide. China is the largest manufacturing hub for electronic products and components, which has also suffered an adverse impact during the lockdown. On the other hand, social gatherings, international delegations, cancellation of board meetings, and temporary closing down of malls, retail stores, and restaurants will restraint the market growth.
Commercial Display Market Segmentation:
Segmentation by Type:
- Single-Screen
- Video Wall
- Signage
- Kiosk
- Interactive Whiteboard
- Others
Segmentation by Technology:
- OLED
- LED
- LCD
- QLED
- Others
Segmentation by Component:
- Hardware
- Software
- Services
Segmentation by Industry Vertical:
- BFSI
- Commercial
- Education & Research
- Entertainment & Sports
- Transportation
- Healthcare
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
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