Interactive Display Market – Global Industry Analysis And Forecast (2023-2029)

Interactive Display Market was valued at US$ 23.32 Bn. in 2022. The Global Interactive Display Market size is estimated to grow at a CAGR of 8.5 % over the forecast period.
Interactive Display Market Overview:
The interactive display market is getting more demand and importance from the retail sector. Interactive displays are mostly used by the retail sector like Point of Sale (POS) systems and digital signage to attract customers. The interactive display market is also playing a role in different industries like healthcare, education, corporate & government, transportation, sports and entertainment, and hospitality. Nowadays, interactive whiteboards are used by most schools and colleges to promote them. As a result, the interactive display market is expected to grow rapidly in the market through the forecast period. The report will provide a complete analysis of dynamics, segments, key players, and trends, regional insights of the market.

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Interactive Display Market Dynamics:
Increasing Demand for Interactive Displays in different industries:

Increasing demand for interactive displays and their usage in the transportation industry like the timing of arrival and departure, real-time status of the train, tickets availability all these features provide easy information to the customer. It is time-saving and cost-saving as well and is expected to stabilize the growth of the market. In the education industry, their usage and adoption of new technology have increased, and digital classrooms and active learning in universities and schools are expected to enhance the growth of the market. The retail industry, the facility given to the customer has improved, providing touchscreen monitor in the stores to know the availability of the products, which save the time of both customers as well as retailers. In HealthCare industry, the COVID-19 usage of artificial intelligence display has triggered the growth of the market, and expect the growth in the forecasted year.

High Cost and Privacy Issues:

An increase in the price of interactive display devices, frequent maintenances, and privacy issues are the factors that are hampering the growth of the market. As per BenQ India, there is a shortage of monitors, flat TVs, interactive panels, etc. may increase the price of the product by 10%-20%. As China is the biggest manufacturer of displays system and other key components were shut for a few months and demand is frequently increasing, and there is a mismatch of supply as well in the global market. Frequent maintenance is also required for interactive display devices, which adds up costs.
Segment Analysis:
By product, the Interactive Display Market is segmented into Interactive Whiteboards, Interactive Video Wall, Interactive Table, Interactive Kiosks, and Interactive Flat Panel Displays. The interactive kiosks segment have dominated the market with 32% market share in 2022. The segment growth is attributed to the development of smart cities has reinforced the demand for interactive displays.

By Panel Size, the Interactive Display Market is segmented into 17”-32”, 32”-65”, and 65”-above. The 32”-65” segment has the largest market share accounting for 41% in 2022. Overall, the growth in this segment is because of the high usage of panel size in healthcare, retail, and hospitality, also in the food and beverages industry, to display the menus, order numbers, etc.

By Technology, the Interactive Display Market is segmented into LCD, LED, and OLED. The LCD segment has the largest market share accounting 51% in 2022. The segment growth is attributed to the decrease in the price of LCD interactive displays that drive the growth of the market.

Based on Application, The Interactive Display Market is segmented into Retail, BFSI, Healthcare, and Corporate & Government. The retail industry is dominating the market and has the largest market share in 2022, because of the implementation of interactive signage and interactive kiosks in retail shops. Retailers can know their customer's behavior and buying behavior, according to that, they can improve the merchandise and pricing of the products.
Regional Insights:
The North America region is expected to witness significant growth at a CAGR of 13.7% through the forecast period. The usage of most of the products related to the various industry like healthcare, retail, and BFSI is maximum in this region. The demand for interactive displays for concerts and museums has also risen in this region. In the Asia Pacific region, the market is growing outstanding. Governments of many countries are taking steps to improve the education system of their respective countries through bringing development in technologies. After the COVID-19, the students are shifting to e-learning, and the demand for the flat screen has increased.

The objective of the report is to present a comprehensive analysis of the global Interactive Display Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers.

The reports also help in understanding the Interactive Display Market dynamic and structure by analyzing the market segments and projecting the Interactive Display Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Interactive Display Market make the report investor’s guide.
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Interactive Display Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 23.32 Bn


Forecast Period 2023 to 2029 CAGR:
8.5%
Market Size in 2029:
US$ 41.29 Bn.


 Segments Covered:
by Product
Interactive Whiteboards
Video Wall
Table
Kiosks
Flat Panel Displays


by Panel Size
17”-32”
32”-65”
65”-above


by Technology
LCD
LED
OLED


by End-User
Retail
BFSI
Healthcare
Corporate & Government



Interactive Display Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
Interactive Display Market Key Players:
1. Samsung Electronics
2. NEC Corporation
3. LG Display
4. Leyard Optoelectronic
5. Sharp
6. Panasonic Corporation
7. ViewSonic
8. Elo Touch Solutions
9. Horizon Display
10. BenQ corporation
11. Promethean World
12. Pro Display Group
13. SMART Technologies
14. TableConnect GmbH
15. Crystal Display System

Frequently asked questions:

1) What is the leading producer of an interactive display in the market?
Ans. The leading product of the interactive display in the market is Interactive kiosks.

2) What are the major panel sizes of the interactive display in the market?
Ans. The sizes of panel sizes are 17”-32”, 32”-65”, and 65”- above.

3) What is the leading technology of interactive display in the market?
Ans. The leading technology in interactive display in the market is LCD.

4) What is the CAGR rate of the interactive display market in 2022?
Ans. The CAGR rate of the interactive display market in 2022 is 8.5%.

5) Who are the key players, according to the report?
Ans. The key players in the interactive display market are Panasonic Corporation, Elo Touch Solution, SMART Technologies, etc.