Global Smart Displays Market to Reach $30.1 Billion by 2030
The global market for Smart Displays estimated at US$9.6 Billion in the year 2023, is expected to reach US$30.1 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2023-2030. Smart Display Mirror, one of the segments analyzed in the report, is expected to record a 17.7% CAGR and reach US$14 Billion by the end of the analysis period. Growth in the Smart Home Display segment is estimated at 18.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 16.5% CAGR
The Smart Displays market in the U.S. is estimated at US$3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 16.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.5% and 14.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.
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