Interactive Display Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Interactive Display Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Interactive Display Market

The interactive display market size was valued at USD 41.95 billion in 2022, and the market is now projected to grow from USD 45.32 billion in 2023 to USD 86.44 billion by 2030, exhibiting a CAGR of 9.7% during the forecast period of 2023-2030.

The COVID-19 health crisis contributed to the growing use of contactless technology since the fear of transmitting the virus changed consumer behaviour. Adaptive or non-analogue, outcomes became the trend in retail public interfaces, digital classrooms and entertainment. Therefore, according to the OECD, the global electronics manufacturers were affected and 43% suffered a negative impact. Market participants are releasing fresh touchless solutions, raising competitive pressure. This is why the interactive display market growth is driving.

Interactive communication is critical for consumers since it helps them express the way they want to be communicated to and it is essential for businesses since it helps them understand the consumers’ tendency to respond to certain communication strategies. Incentives such as voice assistant and colour optimization entice consumers and influence choice. This demand in the market is moving sharply, with a demanding nature for the retail, education, transport/communication, and banking industries responsible for growth. Business growth is also increasing at a rapid speed and these applications have a positive impact on the development of business. The possibility of an increase in future interactive display refresh rates is probably true and consequently improves the display's interactivity, thereby expanding the interactive display market share.

Moreover, visual improvements and data analysis are increasing the need for visual interfaces in business and shopping malls. Extra capabilities include touch capability that could be multipoint and support multi-user interactions for personalization. It has been observed with Sharp launching Multisync M751, its high-end product for conferencing in 2023. With time, the features of technology are continuously coming into the learning environment, and advanced technologies such as digital classrooms and smart view interactive boards are becoming more advanced. There is an explanation for this surge in utilization of touch-based devices as their adoption increases.

Comprehensive Analysis of Interactive Display Market

The exponentially growing semiconductor & electronics industry along with the interactive display market owe their success to the ability of these markets to be segmented. This market expansion entails the comprehensive appraisal of regional elasticity of supply and demand conditional on the semiconductor & electronics industry domain. These segmentations are methodically segregated by display type, by panel type, by technology and by end-user. The display type includes, Interactive Video Wall, Interactive Whiteboard, Interactive Kiosk, Interactive Monitor and Interactive Table. The panel type includes, Flat, Flexible and Transparent. The technology includes, LED, LCD and OLED. The end-user includes, Hospitality, Gaming & Entertainment, Public Parking & Transportation, Quick Service Restaurant, Retail, BFSI, Healthcare, Education and Others.

North America consumes the highest amount, leading to increased applications in equipment installations within education institutions, businesses, healthcare and retail. Mobile phones have become mandatory accessories with more than 90% of Americans owning smartphones and hence technology companies have developed interactive flat panels for working-class people. Mobile device practices in online education such as smartphones, tablets and smart whiteboards positively improve the student’s participation in U.S. entertainment and sports inducing growth from the demand side, while gamification strengthens the supply side. Governments also invest in the logistics network through supply chain development to promote growth.

The top players in the market play a crucial role in the semiconductor & electronics industry assuring industrial prospectus growth and setting market standards. These players include, ASUSTeK Computer Incorporated (Taiwan), Elotouch Solutions (U.S.), Frank Mayer and Associates Inc. (U.S.), Promethean (Gravitas Education Holdings Inc.) (U.S.), Hon Hanoi Precision Industry Co. Ltd (Smart Technologies Inc.) (Taiwan), Panasonic Corporation (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), Sharp Corporation (Japan) and ViewSonic (U.S.). These market players provide a level-playing competitive landscape.

In September 2023, Elo Touch Solutions aimed to launch the 2799L open frame display, designed for retail and similar industries. Featuring a 27-inch screen suitable for outdoor use, it is tailored for industrial applications that demand durability in varying temperatures and 24/7 operation.

Segmentation Table

Global Insulated Packaging Market Scope

Study Period 2019-2030

Base Year 2022

Forecast Period 2023-2030

Growth Rate CAGR of 9.7% from 2023 to 2030

Historical Period 2019-2021

Unit Value (USD Billion)

Segmentation By Display Type, Panel Type, Technology, End-user and Region

By Display Type Interactive Video Wall

Interactive Whiteboard

Interactive Kiosk

Interactive Monitor

Interactive Table

By Panel Type Flat

Flexible

Transparent

By Technology LED

LCD

OLED

By End-User Hospitality

Gaming & Entertainment

Public Parking & Transportation

Quick Service Restaurant

Retail

BFSI

Healthcare

Education

Others (Government, etc.)

By Region North America (By Display Type, By Panel Type, By Technology, By End User, and By Country)

U.S. (By Display Type)

Canada (By Display Type)

Mexico (By Display Type)

Europe (By Display Type, By Panel Type, By Technology, By End User, and By Country)

Germany (By Display Type)

France (By Display Type)

U.K. (By Display Type)

Italy (By Display Type)

Spain (By Display Type)

Russia (By Display Type)

Benelux (By Display Type)

Nordics (By Display Type)

Rest of Europe

Asia Pacific (By Display Type, By Panel Type, By Technology, By End User, and By Country)

China (By Display Type)

India (By Display Type)

Japan (By Display Type)

South Korea (By Display Type)

ASEAN (By Display Type)

Oceania (By Display Type)

Rest of Asia Pacific

Middle East & Africa (By Display Type, By Panel Type, By Technology, By End User, and By Country)

Turkey (By Display Type)

Israel (By Display Type)

GCC (By Display Type)

North Africa (By Display Type)

South Africa (By Display Type)

Rest of Middle East & Africa

South America (By Display Type, By Panel Type, By Technology, By End User, and By Country)

Brazil (By Display Type)

Argentina (By Display Type)

Rest of South America


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