Display Market Future Scope, Demands and Projected Industry Growths to 2024

Market Study Report adds a new Display Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 14% CAGR to 2024.

Display Market is expected to grow over the forecast time span due to growing adoption of touch-enabled screens in retail applications. The brick-and-mortar retailers are increasingly adopting touch-screen systems to enhance customer interaction to remain competitive in the industry. The touch-enabled kiosks are being adopted to a large extent as these systems allow the customers browse through different product offerings easily. This is encouraging the retailers to increasingly implement these systems, positively impacting the industry growth.

Display Market is set to exceed over USD 20 billion by 2024. Growing penetration of e-commerce, online payments, and mobile payments is anticipated to bode well for the display market in POS applications. Several economies including China, India, Japan are shifting toward cashless economies. Initiatives such as demonetization and digitization in India have resulted in the large-scale adoption of POS systems, accelerating the industry growth. POS system manufacturers are investing increasingly in providing end-to-end encryption solutions to process payments safely and securely. This is encouraging the end users to use POS systems, which is expected to augment the display market.

Get Sample Copy of this Report: https://www.marketstudyreport.com/request-a-sample/934012/?utm_source=OPR&utm_medium=PSR

The finance & retail sectors aptly exemplify the phenomenal growth of the display market. The digital POS displays, smart ATMs, NFC-enabled terminals, and Kiosks have rapidly emerged as the most preferred mediums to engage with customers and offer them personalized services. Display market players, in this regard, have been going the whole hog to perpetually come up with innovative range of products in sync with the ever-changing customer preference. Looking at the current trends, analysts deem that the retail and finance sectors stand poised to embellish display market growth. However, in the coming years the market is expected to witness an appreciable growth rate from the healthcare sector.

The 10" ATM display market is projected to grow rapidly over the forecast time span due to increasing deployment of multi-function ATMs. The banks and financial service providers are focusing on the deployment of multi-function ATMs to decrease the number of branches and enhance the functionality of the existing ATMs. 17" - 32" kiosk display market is expected to grow significantly owing to the high quality offered by these devices and lower space requirements in small places such as retail stores.

Key players in the display market include Fujitsu Limited, Displax S.A., Aplus Display Technology, Co., Ltd., Advantech Co., Ltd., and Ingenico Group. Vendors such as Ingenico Group, NCR Corporation, and NEC Corporation, undergo stringent quality control standards to manufacture high-quality components. With the steadily growing industry, the display market players are investing in R&D to gain a competitive advantage. For instance, in February 2017, SFA Engineering, a South Korea-based display manufacturer announced that it is planning to increase investment-to-sales ratio from 3 percent to at least 10 percent. This will allow the company to increase investments in R&D to gain a competitive advantage.

Report Table of Content:
• Chapter 1. Methodology and Scope
• Chapter 2. Executive Summary
• Chapter 3. Display Market Industry Insights
• Chapter 4. Display Market, By Product
• Chapter 5. Display Market, By Application
• Chapter 6. Display Market, By Material
• Chapter 7. Display Market, By Size
• Chapter 8. Display Market, By Sales Channel
• Chapter 9. Display Market, By Region
• Chapter 10. Company Profiles

The above information is provided for the following regions and countries:
North America, U.S., Canada, Europe, Germany, UK, France, Italy, Spain, Russia, Poland, Asia Pacific, China, India, Japan, Australia, Malaysia, Indonesia, Thailand.

More Report At: https://www.military-technologies.net/author/ashwin/

Related Report:

2018 Global Touchscreen Display Industry Report - History, Present and Future

The global market size of Touchscreen Display is $XX million in 2017 with XX CAGR from 2013 to 2017, and it is expected to reach $XX million by the end of 2023 with a CAGR of XX% from 2018 to 2023.

https://www.marketstudyreport.com/reports/2018-global-touchscreen-display-industry-report-history-present-and-future/?utm_source=RR-PSR

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
News: https://www.marketstudyreport.com/category/news-releases/
More Report at: http://reports.algosonline.com/

This release was published on openPR.