Press release
Global Smart Display Market Outlook 2025: Exponential Growth, Key Players and Future Trends
"Amidst the rise of smart homes and technological advancements, the smart display market is poised for substantial growth, making it a lucrative space for key players and investors.
What Is The Projected Market Size Of The Global Smart Display Market And Its Growth Rate?
• The smart display market experienced exponential growth, expanding from $6.18 billion in 2024 to $7.94 billion in 2025 at a compound annual growth rate (CAGR) of 28.5%.
• This historic growth was largely due to the rise of smart homes, evolving entertainment consumption, increased healthcare applications, gaming consoles and interfaces, and energy efficiency.
• The market size is predicted to continue growing exponentially, reaching $22.67 billion in 2029 at a CAGR of 30.0%.
• The forecasted growth can be attributed to factors such as flexible and foldable displays, focus on privacy and security, environmental sustainability, advancements in haptic feedback, automotive infotainment.
What Is Driving The Growth In The Smart Display Market?
The growth of the smart display market is fueled by an increase in the number of internet users. Today's internet users access the Internet from various devices which include computers, mobile devices, personal digital assistants, game consoles, and digital televisions. A report by the International Telecommunication Union (ITU) in 2022 indicated that global Internet penetration had reached an estimated 5.3 billion people, representing 66% of the world's population. This number saw a growth of 6.1% compared to 2021. Therefore, the rise in the number of internet users is a significant driver of smart displays growth.
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Who Are the Key Players Driving Smart Display Market Growth?
• 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.
• BenQ Corporation
• Elo Touch Solutions Inc.
• Planar Systems Inc.
• Mitsubishi Electric Corporation
What Are The Key Trends In The Smart Display Market?
• Augmented and virtual reality integration
• Blockchain integration
• Integration with AI and machine learning
• Wearable technology connectivity
• Advancements in touchscreen technology
What Are The Segments Of The Global Smart Display Market?
• By Type: Smart Display Mirror, Smart Home Display, Smart Signage
• By Resolution: Ultra High Definition(UHD), Full High Definition(FHD), High Definition(HD)
• By Display Size: Below 32 Inch, Between 32 And 52 Inch, Above 52 Inch
• By End User: Residential, Retail, Automotive, Healthcare, Sports And Entertainment
Which Region Leads The Smart Display Market?
In 2024, North America held the largest share in the smart display market. The market report covers other regions as well, including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Smart Display Global Market Report?
• Market Size Analysis: Analyze the Smart Display Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Smart Display Market for effective categorization.
• Key Player Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Smart Display Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Smart Display Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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