Interactive Display Market Is Predicted To Reach US$ 91.9 Billion By 2033

The worldwide interactive display industry is now valued at US$ 42 billion and is expected to grow to US$ 91.9 billion by the end of 2033. From 2023 to 2033, global shipments of interactive displays are expected to grow at a high-value CAGR of 8.1%.
In recent years, technological proliferation in human lives has expanded significantly, resulting in a strong demand for electronics throughout the world. Digital displays have grown increasingly important in an increasingly digital society, with tremendous improvements in the display sector during the last decade.

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Competitive Landscape:
Prime interactive display suppliers are focusing on launching new and advanced technology displays for various applications to expand their product portfolio and maximize sales.

In June 2022, Boxlight Corporation, a leading name in the interactive technology marketplace announced the launch of its new interactive display. MimioPro 4 is a new interactive display designed for educators to optimize their education system to maximize learning potential. The product is expected to serve as the anchor point for Mimio Connected Classroom an education technology ecosystem to promote interactive learning and thinking.

In July 2022, ViewSonic Corporation, an American-Taiwanese multinational electronics company announced the launch of its new interactive displays in India for the edtech industry. ViewBoard 52 Series is available in 65-inch, 75-inch, and 86-inch size configurations, and all of them come with an embedded multimedia soundbar.

Key Players:
• BenQ Corporation
• IntuiLab SA
• Google Inc.
• Samsung Display Co. Ltd.
• Egan Teamboard Inc.
• SMART Technologies
• Crystal Display Systems Ltd.
• Cisco Systems Inc.
• Hitachi Ltd.
• Planar Systems Inc.
• LG Display Co. Ltd.
• ViewSonic Corporation
• Microsoft Corp
• Epson America Inc.
• NEC Display Solutions Ltd.
• Panasonic Corporation

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Regional Analysis:

Because of the fast adoption of new technologies, government and educational institutions are projected to lead the market for interactive displays in the United States in the future years. Other reasons that are predicted to push interactive display board sales in the United States over the next ten years include the existence of important interactive touch screen suppliers, high adoption of interactive screens in restaurants, and increased sales of interactive touch tables.

By the end of the forecast period, the market for interactive displays in the United States is expected to account for more than half of the revenue share in the North American region.

Japan and Korea, like other Asian nations, are seeing extraordinary increases in internet penetration and digitalization, which are expected to be important drivers driving demand for interactive touch displays. Furthermore, the presence of a robust semiconductor and electronics sector, as well as important display makers such as LG Electronics, Samsung Electronics, and others, are projected to favor market potential during the projection period.

Manufacturers of interactive displays can invest in Japan and Korea to expand their position in the Asian market, as well as start up production in these countries to take advantage of the simple availability of raw materials.

Key Segments of Industry:
• By Product Type :
o Interactive White Boards
o Interactive Flat Panel Displays
o Interactive Projectors
o Interactive Tables
o Interactive Monitors
o Interactive Kiosks
o Others
• By End User :
o Education
o Finance & Professional Services
o Healthcare
o Retail
o Hospitality & Leisure
o Travel & Transportation
o Other End Users
• By Size :
o Less than 32 IN
o 33 IN - 42 IN
o 43 IN - 55 IN
o 56 IN - 65 IN
o 66 IN - 70 IN
o 71 IN - 80 IN
o 81 IN to 90 IN
o Over 90 IN

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This release was published on openPR.