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Smart Display Global Market Report 2024 - By Demand, Size, Share, Trends, Analysis, Outlook By 2033
The Business Research Company presents an extensive market research report on the Smart Display Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The smart display market size has grown exponentially in recent years. It will grow from $4.84 billion in 2023 to $6.26 billion in 2024 at a compound annual growth rate (CAGR) of 29.3%. The growth in the historic period can be attributed to rise of smart homes, evolving entertainment consumption, increased healthcare applications, gaming consoles and interfaces, energy efficiency..
The smart display market size is expected to see exponential growth in the next few years. It will grow to $17.75 billion in 2028 at a compound annual growth rate (CAGR) of 29.7%. The growth in the forecast period can be attributed to flexible and foldable displays, focus on privacy and security, environmental sustainability, advancements in haptic feedback, automotive infotainment.. Major trends in the forecast period include augmented and virtual reality integration, blockchain integration, integration with ai and machine learning, wearable technology connectivity, advancements in touchscreen technology..
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Key Market Players:
Major companies operating in the smart display market report are Visteon Corporation, Samsung Electronics Co. Ltd., LG Display Co. Ltd., Continental Automotive GmbH, Panasonic Corporation, Leyard Optoelectronic Co. Ltd., Sony Corporation, Sharp Corporation, Robert Bosch GmbH, BOE Technology Group Co. Ltd., Alpine Electronics Inc., Lenovo Group Limited, Xiaomi Corporation, NEC Corporation, ViewSonic Corporation, Apple Inc., Microsoft Corporation, Google LLC, TCL Corporation, Hisense Group Co. Ltd., Skyworth Digital Holdings Limited, Koninklijke Philips N.V., Vizio Inc., Hitachi Ltd., InFocus Corporation, BenQ Corporation, Elo Touch Solutions Inc., Planar Systems Inc., Avnet Inc., Mitsubishi Electric Corporation.
Market Drivers:
An increase in the number of internet users is expected to propel the growth of the smart displays market going forward. Internet users are people who access the Internet from anywhere through a computer, mobile device, personal digital assistant, game console, or digital television. Smart displays help internet users by combining the functionality of smart speakers like the Google Home or the Amazon Echo with a touchscreen for watching videos. For instance, in November 2022, according to International Telecommunication Union, a Switzerland-based specialized agency of the United Nations, approximately 4.9 billion people or 63% of the world's population are using the internet in 2021. Therefore, an increase in the number of internet users is driving the growth of smart displays.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/smart-display-global-market-report
The smart display market covered in this report is segmented -
1) By Type: Smart Display Mirror, Smart Home Display, Smart Signage
2) By Resolution: Ultra High Definition(UHD), Full High Definition(FHD), High Definition(HD)
3) By Display Size: Below 32 Inch, Between 32 and 52 Inch, Above 52 Inch
4) By End User: Residential, Retail, Automotive, Healthcare, Sports And Entertainment
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
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