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Key Factor Supporting Commercial Display Market Development in 2025: Surging Demand For Digital Signage Boosts Commercial Display Market Growth
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Commercial Display Market Size By 2025?
In recent years, the size of the commercial display market has seen robust expansion. The market, which is projected to swell from $54.6 billion in 2024 to $58.88 billion in 2025, has an expected compound annual growth rate (CAGR) of 7.8%. This growth during the historical period is believed to be the result of increased demand for high-definition and high-resolution displays. Other factors contributing to the growth include the escalating need for efficient advertising and communication strategies, the enlargement of retail and commercial areas, the heightened affordability and accessibility of display technology, a rise in urbanization, and the existence of supportive regulations.
How Big Is the Commercial Display Market Size Expected to Grow by 2029?
The market size for commercial displays is projected to experience substantial expansion in the coming years, with an estimation to escalate to $78.49 billion in 2029, growing at a compound annual growth rate of 7.5%. Factors contributing to this anticipated growth during the forecast years include initiatives towards digital transformation, a shift toward more interactive and interconnected environments, increasing need for ad and information displays, sustainability efforts, and globalization. Emerging trends during this forecast period comprise adoption of LED technology, the rise of interactive displays, the proliferation of digital signage, IoT integration, enhancements in LED technologies, and the growing demand for large format displays.
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Which Key Market Drivers Powering Commercial Display Market Expansion and Growth?
The surge in the need for digital signage is anticipated to fuel the progression of the commercial display market. Digital signage, an electronic display form that employs digital technology to transmit multimedia content like text, videos, and images for the purpose of informing or promoting to an audience, is in high demand due to a growing requirement of dynamic content delivery in retail, amplified customer interaction through interactive characteristics, and the efficiency improvements in information distribution across multiple sectors. Commercial displays used in digital signage exhibit high-class, visually stunning content, captivating and holding the audience's attention in retail, corporate, and public settings. For example, a report by the American online media company, Kiosk Marketplace, revealed in March 2023 that the global sales of interactive display kiosks jumped to $14.52 billion in 2022, which is a 20% hike from $12.1 billion in 2021. Therefore, the rising demand for digital signage is set to influence the expansion of the commercial display market.
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Which Fast-Growing Trends Are Poised to Disrupt the Commercial Display Market?
Top businesses in the commercial display market are turning their attention towards the integration of AR and VR technologies into their display solutions such as On-Set Virtual Production (OSVP) to ameliorate immersive experiences and optimize production processes. OSVP displays leverage advanced display technologies within filmmaking and live production spaces, making it possible to construct realistic and engrossing virtual backgrounds and environments directly on the set. For example, ROE Visual, a firm based in China committed to digital display technology, introduced an Obsidian LED Display Solution in April 2024. This solution, which is crafted specifically for the movie industry, impresses with excellent black levels, making it a perfect fit for extended reality (XR) filming. Thanks to its mask design, the panel surface can be enlarged without compromising output quality, while its reinforced frame facilitates the creation of access openings up to 2 meters wide and high for equipment such as lighting fixtures. Obsidian consumes half the energy of conventional LED panels operating at the same brightness (220-watt max/110-watt average), which decreases studio expenses and prolongs the product's lifespan. With its IP63 rating, the indoor panel won't be damaged by water, ensuring it meets all on-set demands.
What Are the Emerging Segments in the Commercial Display Market?
The commercial display market covered in this report is segmented -
1) By Product: Digital Signage, Display Monitor, Display Television (TV)
2) By Component: Hardware, Software, Service
3) By Technology: Liquid Crystal Display (LCD), Light Emitting Diode (LED), Other Technologies
4) By Display Type: Flat Panel, Curved Panel, Other Panels
5) By Application: Retail, Hospitality, Entertainment, Stadiums And Playgrounds, Corporate, Banking, Healthcare, Education, Transportation
Subsegments:
1) By Digital Signage: Indoor Digital Signage, Outdoor Digital Signage, Interactive Digital Displays, Kiosks
2) By Display Monitor: LED Display Monitors, LCD Display Monitors, Touchscreen Monitors, Commercial-Grade Monitors
3) By Display Television (TV): LED TVs, OLED TVs, Smart TVs, Commercial-Grade TVs
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Who Are the Global Leaders in the Commercial Display Market?
Major companies operating in the commercial display market are Samsung Electronics Co Ltd., Dell Technologies Inc, Sony Corporation, Panasonic Holdings Corporation, Cisco Systems Inc, BOE Technology Group Co Ltd., NEC Corporation, LG Display Co Ltd., Sharp Corporation, Koninklijke Philips NV, Corning Incorporated, AUO Corporation, Planar Systems Inc, Japan Display Inc, Orion Images, Daktronics Inc, ViewSonic Corporation, E Ink Holdings Inc, HannStar Display Corporation, Christie Digital Systems Canada Inc, Elo Touch Solutions Inc, Allsee Technologies Ltd, AG Neovo, Baanto International Ltd, GVision USA, Xenarc Technologies Corp, Tote Vision, Euno Displays Technologies SL, Guangdong Baolun Electronic Co Ltd
Which are the Top Profitable Regional Markets for the Commercial Display Industry?
North America was the largest region in the commercial display market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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