Wide Application Area across Several End-Use Sectors to Bolster the Demand for Interactive Display
Interactive display accounted for a market value of US$ 8.2 billion in 2018 and is expected to grow at a promising CAGR of 7.9% across the forecast period from 2019 to 2027. By leveraging the capabilities of interactive display, IT infrastructure in the commercial sector enables the provision of highly synchronized and interactive solutions for all workloads. Interactive displays drive efficient and productive collaboration without the hassle.
For instance, an advanced interactive display allows a number of meeting participants to make notes using an embedded pen as well as any virtual writing tools. Similarly, such devices allow controlling content from a personal device to a central screen for synchronized collaboration. Similarly, interactive displays play a vital role in the travel industry with their informative interactions with individuals and groups about existing or future traffic-related events. Such devices highlight information on local transit, freeways, and special events. With a rapidly widening application area across several end-use industries, interactive display is projected to experience significant adoption across the forecast period.
Market Synopsis
Interactive Kiosks Accounted as the Largest Contributor in the Interactive Display Market
An interactive kiosk is a system deployed in a public venue to offer self-service access to services and products. Such devices are very popular at retail stores, libraries, airports, and cafeterias, among other places where self-service applications provide benefits. Advanced kiosk systems provide internet access for web surfing, viewing multimedia files, and access to several software applications.
For instance, it plays a vital role in automated check-in systems at airports, pay-per-use computers in cybercafés, and interactive gift registries in retail stores, among others. Growing application areas in several end-use industries are expected to retain their dominance across the forecast period.
Promising Upsurge of End-use Industry Verticals to Ensure a Higher Growth Rate in the Asia Pacific Market
Asia Pacific is projected to exhibit higher market growth across the forecast period, chiefly due to the growth of end-use industry verticals. The market here is driven by the flourishing retail sector, highlighting a 5% growth rate yearly since 2015.
Further, the commercial and industrial sectors in Japan, China, India, and South Korea represent substantial growth over the last few years. These markets are also expected to remain the most lucrative, with rapid growth in the automotive and transportation, hospitality, and sports and entertainment sectors. North America leads the market due to the early adoption of smart applications.
Further, Europe is projected to exhibit a robust growth rate credited to substantially growing corporations, healthcare, and the banking and finance sectors, among others. With the steady growth of end-use industries and growing digitalization, the interactive display market is expected to experience comparatively higher growth across the globe.
Key players in the global interactive display market include Leyard Optoelectronic, LG Display, Panasonic Corporation, Sharp Corporation, Hitachi, Ltd., VESTEL, Samsung, Horizon Display, NEC Corporation, ViewSonic Corporation, ELO Touch Solution, GestureTek, and Crystal Display Systems Ltd., among others.
Historical and Forecast Period
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The interactive displays report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global interactive display market based on product type, panel size, industry vertical, and geography. Key segments covered in the report are as follows:
Key questions are answered in this report.
What was the market size of interactive displays in 2018, and what is the forecast up to 2027?
Which is the largest regional market for interactive displays?
What are the key market trends observed in the interactive display market?
Which are the most promising product types, panel sizes, and industrial verticals in the interactive display market?
Who are the key players leading the market?
What are the key strategies adopted by the leading players in the market?
What are the key end-use industrial vertical trends across different geographies and sub-geographies?
Frequently Asked Question:
The market for Interactive Display Treatment Market is expected to reach USD$ 8.2 Bn in 2027.
The Interactive Display Treatment Market is expected to see significant CAGR growth over the coming years, at 7.9%.
The report is forecasted from 2019 -2027.
The base year of this report is 2018.
VESTEL, Samsung, Horizon Display, NEC Corporation, ViewSonic Corporation, are some of the major players in the global market.
