Growth opportunities in the interactive display market look promising over the next six years. This is mainly due to the increasing adoption of interactive displays in various sectors, including retail, transportation, education, etc., an exponential rise in internet penetration, rising demand for user-friendly interactive devices, and the growing need for easy and reliable human-machine interaction.
Interactive Display Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The accelerating internet penetration, the surging requirement of reliable and easy human-machine interaction, growing user-friendly interactive devices demand, and the extensive prevalence of smartphones and tablets due to their intuitive touch controls are the drivers strengthening the growth of the global interactive display market. Also, several advantageous features of interactive display, including durable LCD screens and ultra-HD resolution, an easy-to-install software package, high-fidelity audio, zoom in & zoom out facility, the ability to manipulate on-screen data, optional onboard PC and WiFi modules, multi-touch controls, highlight important information, and making notes will stimulate the market growth.
The expanding adoption of interactive displays across various sectors like healthcare, corporate, transportation, education, retail, sports & entertainment, and other industry verticals because of the improved visualization property will further fuel the market growth. Moreover, the augmenting demand for digital classrooms, gamification, presentation, and corporate learning will provide remarkable growth opportunities to the market. However, instability in the prices of raw materials and high customization costs may curb the market share.
Regional Drivers
Based on the regional coverage, North America is predicted to dominate the market over the forecast period attributed to the increasing number of commercial buildings like theatres, malls, entertainment hubs, healthcare infrastructure coupled with the expanding usage of touch-based displays and digital signage. Also, fast economic development, enhanced living standard, rise in the number of smart homes, along with the adoption of home appliances and smart kitchens with displays incorporated with touch sensors will further contribute to market growth. On the other hand, Asia Pacific region is projected to witness a higher CAGR during the forecast period. This is owing to the escalating economies, including Japan, China, South Korea, India, and the growing end use industries like education, healthcare, commercial, and hospitality. Also, the rapid growth in the automotive industry, accompanied by the increasing use of sophisticated display devices in vehicles with digital rear-view mirrors, heads-up display, and navigation system, propels market growth.
Interactive Display Market’s leading Manufacturers:
- Horizon Display Inc.
- Elo Touch Solutions, Inc.
- Panasonic Corporation
- Sharp Corporation
- LG Display Co., Ltd.
- Crystal Display Systems Ltd.
- Hon Hai Precision Industry Co., Ltd.
- Leyard Group
- NEC Corporation
- Samsung Electronics
Interactive Display Market Segmentation:
Segmentation by Product:
- Interactive Kiosk
- Interactive Whiteboard
- Interactive Table
- Interactive Video Wall
- Interactive Monitor
Segmentation by Panel Size:
- 17–32” Panel Size
- 32–65” Panel Size
- 65” and Above Panel Size
Segmentation by Panel Type:
- Flat
- Flexible
- Transparent
Segmentation by Vertical:
- Retail & Hospitality
- BFSI
- Industrial
- Healthcare
- Corporate & Government
- Transportation
- Education
- Sports & Entertainment
- 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)
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