Interactive Displays Market Is Predicted To Reach US$ 91.9 Billion By 2033, Fact.MR Report

At present, the global interactive display market stands at a worth of $42 billion, poised to reach $91.9 billion by 2033's conclusion. Forecasts suggest a robust Compound Annual Growth Rate (CAGR) of 8.1% from 2023 to 2033, indicating a steady rise in worldwide shipments of interactive displays.

Recent years have witnessed a rapid expansion in technology adoption, fueling a surge in global electronics demand. In an era increasingly reliant on digital interfaces, the significance of digital displays has soared, catalyzing remarkable strides in the display sector over the past decade.

Download Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=337

Interactive screens encompass display units that respond to user input via methods like stylus, touch, or other peripherals. Rapid strides in display technology have spurred the creation of advanced touchscreen interactive LED panels, now prevalent across diverse sectors.

The surge in interactive display adoption across various fields, substantial investments in research and development, increasing digitization, the ascent of gamification, evolving consumer preferences favoring novel technologies, and widening internet access are pivotal drivers expected to propel interactive screen shipments in the foreseeable future. Moreover, the hospitality sector's embrace of touchscreen tables is poised to escalate the demand for interactive LED panels.

Conversely, the elevated costs of interactive flat panel displays and the considerable expenses tied to crafting interactive interfaces are anticipated to impede overall sales of interactive displays in the long haul.

On a regional scale, North America presently commands a dominant market share exceeding 35% and is poised to sustain this leadership position until 2033. The United States is anticipated to spearhead demand in the region, with Canada following suit over the next decade.

Key Market 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

Early Adoption of Advanced Display Technologies Promoting Interactive Panel Demand

Government and educational institutions are anticipated to spearhead the demand for interactive displays in the United States in the coming years due to the rapid adoption of advanced technologies. Additionally, the presence of key interactive touch screen providers, widespread use of interactive screens in restaurants, and increasing sales of interactive touch tables are expected to further drive the growth of interactive display board sales over the next decade in the U.S.

By the end of the forecast period, the U.S. market for interactive displays is projected to account for more than 50% of the revenue share in the North American region.

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 Segments Covered in Interactive Display Industry Research
• 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

• By Region :
o North America
o Latin America
o Europe
o APAC
o MEA

Read More: https://www.factmr.com/report/337/interactive-display-market

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR:
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.