Interactive Display Market Exhibits Ardent Revenue Gains Across Major Geographical Regions during 2017-2026 || Key Players - BenQ Corporation, Samsung Display Co. Ltd., Crystal Display Systems Ltd., Planar Systems Inc., IntuiLab SA
An interactive display typically comprises a large display screen along with a short projector, which connects to the computer and enables projecting any content present on the computer desktop. This projected content falls onto the surface of the interactive display. Users can then use a stylus, pen, or even their fingers to control the computer.
The market for interactive display has witnessed expansion by leaps and bounds over the past few years. Once discerned as devices reserved for firms, which are willing to thrive on the technological forefront, interactive displays are now becoming a commonly adopted device across various industrial sectors. A major challenge inhibiting manufacturers from exploring the application of interactive displays is the programming expense.
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The education sector provides a sound opportunity for sales of interactive displays, particularly for interactive whiteboards. Advent of e-learning, which entails adoption of interactive displays, has simplified access to education, improved student interactions, and enhanced the education quality. Education sector is therefore anticipated to remain the largest end-user of interactive displays, with sales poised to surpass US$ 5,000 Mn in revenue by 2026-end. Sales of interactive display for end use in financial & professional services will also account for a large portion of the market revenue share during 2017 to 2026. In addition, interactive display sales in retail and travel & transportation will register a parallel expansion through 2026.
Interactive white boards are expected to remain fast-selling as well as top-selling product in the global interactive display market. Although interactive flat panel display current hold a lower revenue share of the market, sales are projected to register an impressive expansion through 2026.
North America is home to a large number of interactive display manufacturers and solution providers. Large scale adoption of interactive display is being witnessed in the region’s corporate, government, and education sectors. These factors have made North America the largest market for interactive display. Revenues from interactive display sales in North America will hold approximately two-fifth share of the market by 2026-end. Asia-Pacific excluding Japan (APEJ) will ride on the highest CAGR, to become the second largest market for interactive display by 2026-end.
On the basis of size type, 66 IN – 70 IN interactive displays will remain sought-after among end-users, with sales forecast to reach nearly US$ 4,000 Mn by 2026-end. 56 IN – 65 IN and 71 In – 80 IN will also remain a lucrative size type of interactive displays during the forecast period.
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Fact.MR’s report has offered a list of prominent players in the global interactive display market, which include BenQ Corporation, Samsung Display Co., Ltd., Crystal Display Systems Ltd., Planar Systems Inc., IntuiLab SA, Panasonic Corporation, LG Display Co., Ltd., Hitachi, Ltd., ViewSonic Corporation, NEC Display Solutions Ltd., Egan Teamboard Inc., SMART Technologies, Microsoft Corp, Google Inc., Epson America, Inc., and Cisco Systems Inc.
5 Key Takeaways from Fact.MR’s Report on Interactive Display Market for Forecast Period 2017-2026
Collectively projected to account for over 50% revenue share of the market in 2017, North America and Asia-Pacific excluding Japan (APEJ) are anticipated to remain the largest markets for interactive display. However, the market in APEJ will register a comparatively higher CAGR than the market in North America through 2026. Europe is also expected to be a lucrative region for expansion of the interactive display market.
Based on product type, interactive white board will continue to be sought-after in the market, with sales estimated to exceed US$ 10,000 Mn in revenues by 2026-end. Revenues from sales of interactive white board will remain significantly higher than those from interactive flat panel display and interactive projectors combined.
Education Sector will continue to be the most lucrative end-user of interactive display, followed by finance & professional services. Revenues from sales of interactive displays in these two end-user segments will account for over two-fifth share of the market during 2017 to 2026. Travel & transportation will remain the least lucrative end-user of interactive displays.
66 IN – 70 IN and 56 IN - 65 IN are anticipated to remain preferred size type among end-users in the global interactive display market. 56 IN – 65 IN size type of interactive display will register a comparatively faster expansion in sales than 66 IN – 70 IN through 2026.
Key companies identified by the report, which are proactively supporting expansion of the global interactive display market, include Cisco Systems Inc., Epson America, Inc., Google Inc., Microsoft Corp, SMART Technologies, Egan Teamboard Inc., NEC Display Solutions Ltd., ViewSonic Corporation, Hitachi, Ltd., LG Display Co., Ltd., Panasonic Corporation, IntuiLab SA, Planar Systems Inc., Crystal Display Systems Ltd., BenQ Corporation, and Samsung Display Co., Ltd.
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