Press release
Interactive Display Market 2024 - Business Outlook, Industry Insights, Regional Overview And Forecast To 2033
Interactive Display Market
The interactive display market size is expected to see strong growth in the next few years. It will grow to $24.86 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to global economic and geopolitical factors, security and robustness improvements, hybrid and federated learning approaches, expansion into new industry verticals, increasing adoption in healthcare, environmental considerations and sustainable solutions, customization and personalization, global expansion of smart cities initiatives, increased demand for digital learning solutions.. Major trends in the forecast period include hybrid work environments, rise of touchless and gesture-based interaction, enhanced collaboration features, digital signage innovation, flexible and modular display solutions, smart cities initiatives..
Market Overview -
Interactive display refers to a mounted device that employs a multi-touch panel and embeds the operating system, allowing users to access, collaborate with, and interact directly with the data displayed on the LCD screens using fingers or styluses. Computing power allows users to make vibrant visual presentations and control on-screen data through digital touchscreen interactions without the need for external PCs.
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The Impact Of Gamification On The Interactive Display Market Growth
The growing demand for gamification will propel the growth of the interactive display market. Gamification is the practice of incorporating game concepts into nongame environments such as a website, online community, learning management system, business intranet, and others to increase engagement. The demand for gamification is growing mainly due to the need for increasing engagement, improving productivity, and driving sales. This will create a huge demand for interactive displays as gamification needs a wide acceptance of interactive displays to apply the mechanism. For instance, according to the data by a US-based online database of all the US internet & TV providers Broadband Search, in 2021, the global gaming population was close to 2.8 billion which is over 25% of the global population. It is no surprise that firms are embracing gamification to boost sales on the marketing side and increase staff productivity and creativity on the production side. Therefore, the rising demand for gamification will drive the interactive display market growth.
Competitive Landscape -
Major companies operating in the interactive display market report are Samsung Display Co. Ltd., NEC Display Solutions Ltd., LG Display Co. Ltd., Leyard Optoelectronic, Sharp Corporation, Planar Systems Inc., Panasonic Holdings Corporation, ViewSonic Corporation, Elo Touch Solutions Inc., BenQ Corporation, Meridian Kiosks, Promethean Limited, Box Light corporation, eyefactive GmbH, HORIZON DISPLAY INC., IDEUM, Marvel Technology (China) Co. Ltd, MMT GmbH & Co. KG., Cisco Systems Inc., Hitachi Ltd., TableConnect, Sensory Inc., Microsoft Corporation, Qualcomm Incorporated, Micron Technology, Epson America Inc., Google LLC, Crystal Display Systems Ltd., Cleartouch Interactive Displays, Newline Interactive
Technological Advancements Driving Growth In The Interactive Display Market
Technological advancement has emerged as a key trend in the interactive display market. The market is witnessing the integration of advanced technologies in interactive displays such as in-cell touch technology that make displays lighter and offer high brightness compared to LCD technology displays. These advanced interactive displays come with ergonomic designs, multi controls and connectivity, and a clear panel, enabling maximum productivity. Major companies operating in the interactive display market are focused on offering technologically advanced interactive displays to meet customer demand and strengthen their market position. For instance, in July 2022, ViewSonic, US-based an electronics company, launched ViewBoard 52 Series, an interactive board. ViewBoard 52 Series boards are available in 65-inch, 75-inch, and 86-inch screen sizes. It contains 15W front-facing speakers and a 15W subwoofer, as well as eight built-in microphones with audio detection and noise reduction capabilities. It also has convenient USB-C, HDMI, and USB Touch Ports. The ViewBoard 52 Series is intended for educational use and includes an inbuilt multimedia system.
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Key Segments -
The interactive display market covered in this report is segmented -
1) By Product: Interactive Kiosk, Interactive Whiteboard, Interactive Table, Interactive Video Wall, Interactive Monitor
2) By Panel Size: 17-32"", 32-65"", 65"" and Above
3) By Panel Type: Flat, Flexible, Transparent
4) By Technology: LCD, LED, OLED, Other Technologies
5) By Vertical: Retail & Hospitality, BFSI, Industrial, Healthcare, Corporate & Government, Transportation, Education, Sports and Entertainment
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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