REDDING, Calif., June 12, 2024 /PRNewswire/ -- According to a new
market research report titled, 'Interactive Display
Market by Product (Kiosks, Video Walls, Whiteboards,
Others), Display Type (LED, LCD, OLED, Other), Panel Size, End User
(Retail, BFSI, Hospitality, Corporate & Government, Education,
Others) & Geography - Forecasts to
2031', the interactive display market is projected
to reach $51.24 billion by 2031, at a CAGR of 9.9%
from 2024 to 2031.
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The growth of the interactive display market is driven by the
widespread adoption of interactive learning solutions in
classrooms, the increased adoption of self-service displays in the
hospitality sector, and the rising demand for interactive signage
and kiosks. However, challenges related to the installation and
maintenance of interactive display components may restrain market
growth.
The rising adoption of AR & VR technology to enhance
consumer experiences and the rising demand for interactive kiosks
in the retail sector is expected to create market growth
opportunities. However, performance and accuracy issues are some of
the challenges impeding the market's growth. Additionally, the
emergence of AI-powered interactive displays is a prominent trend
in the interactive display market.
The global interactive display market is segmented by product
(interactive flat panel displays, interactive whiteboards,
interactive kiosks, interactive video walls, and other products),
panel size (less than 32", 32"–65", and 65" and above), display
type (LCD, LED, OLED, and other display types), and end user
(retail, BFSI, healthcare, corporate & government,
transportation, education, sports and entertainment, hospitality,
and other end users). The study also evaluates industry competitors
and analyses the market at the regional and country levels.
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Based on product, the interactive display market is
segmented into interactive flat panel displays, interactive
whiteboards, interactive kiosks, interactive video walls, and other
products. In 2024, the interactive kiosk segment is expected to
account for the largest share of around 38.0% of the
interactive display market. This segment's large market share can
be attributed to the increasing adoption of interactive flat panel
displays in auditoriums, classrooms, boardrooms, huddle rooms, and
other settings.
Based on panel size, the interactive display market is
segmented into less than 32", 32"–65", and 65" and above. In 2024,
the 32"–65" segment is expected to account for the largest share of
the interactive display market. This segment's large market
share can be attributed to factors such as the wide range of
displays available in this size category and the increasing
emphasis of companies on developing wider and slimmer panels.
Based on display type, the interactive display market is
segmented into LCD, LED, OLED, and other display types. In 2024,
the LCD segment is expected to account for the largest share of
around 41.0% of the interactive display market. This
segment's large market share can be attributed to the growing
adoption of LCD interactive displays, particularly among consumers
with limited investment capability, due to their lower cost
compared to LED and OLED displays.
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Based on end user, the interactive display market is
segmented into retail, BFSI, healthcare, corporate &
government, transportation, education, sports and entertainment,
hospitality, and other end users. In 2024, the retail segment is
expected to account for the largest share of around 21.0% of
the interactive display market. This segment's large market share
can be attributed to the increased utilization of interactive
displays in the retail sector to enhance sales and customer
engagement and build brand image, coupled with the increasing focus
of retailers on integrating self-service technology to enable
faster transactions.
Based on geography, the interactive display market
is segmented into North America,
Europe, Asia-Pacific, Latin
America, and the Middle
East & Africa. In 2024,
North America is expected to
account for the largest share of around 37.0% of the
interactive display market. North
America's significant market share can be attributed to the
widespread adoption of interactive displays across sectors such as
retail, healthcare, and corporate. Additionally, the rapid
integration of interactive displays in the education sector and the
expansion of transportation networks, educational facilities, and
commercial establishments further contribute to the region's large
market share.
Key Players:
Some of the key players operating in the
interactive display market are LG Electronics, Inc.
(South Korea), Samsung Electronics
Co., Ltd. (South Korea), Panasonic
Holding Corporation (Japan), Sharp
NEC Display Solutions, Ltd. (Japan), Leyard Group (China), AUO Corporation (Taiwan), BenQ Corporation (Taiwan), Planar Systems, Inc. (U.S.),
ViewSonic Corporation (U.S.), Pro Display (U.K.), Elo Touch
Solutions, Inc. (U.S.), Promethean Limited (U.S.), Meridian Kiosks
(U.S.), TableConnect (Austria),
and SMART Technologies ULC (Canada).
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Scope of the report:
Interactive Display Market Assessment—by
Product
- Interactive Flat Panel Displays
- Interactive Whiteboards
- Interactive Kiosks
- Interactive Video Walls
- Other Products
Interactive Display Market Assessment—by Panel
Size
- Less than 32"
- 32"–65"
- 65" and Above
Interactive Display Market Assessment—by
Display Type
- LCD
- LED
- OLED
- Other Display Types
Interactive Display Market Assessment—by End
User
- Retail
- BFSI
- Healthcare
- Corporate & Government
- Transportation
- Education
- Sports and Entertainment
- Hospitality
- Other End Users
Interactive Display Market Assessment—by
Geography
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Sweden
- Switzerland
- Netherlands
- Norway
- Austria
- Denmark
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Australia
- Malaysia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Israel
- UAE
- Rest of Middle East &
Africa
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Related Report:
Interactive Kiosks Market by Offering (Hardware, Software
Services), Type (Self-service Kiosks (Information, Ticketing,
Check-in, Wayfinding, Others), Vending Kiosks), End User (BFSI,
Retail, F&B, Healthcare, Others), and Geography - Global
Forecast to 2030
Digital Signage Market Product Type (Videowall, Kiosk,
Menu boards and Billboards) Component (Hardware (LCD, LED and
OLED)), Services), Application, Industry Vertical (Retail,
Hospitality, Entertainment, Transportation, Healthcare) - Global
Forecast to 2027
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