Interactive Display Industry Global Insights and Trends, Forecasts to 2024
Overview
According to Market Research Future, the interactive
Displays Industry has
been segmented on the basis of product, panel size, end user, and region.
Interactive displays are screens that not
only display images but also respond to touch by fingertip, stylus pens, and
palm. The key benefit of interactive displays is that they do not rely on the
input of other laptops, PCs or tablets and are easy to install and use. Rapid
advancement in digital classroom technology, declining display prices, and
growing application of interactive display in providing public services such as
signage, wayfinding, and ticketing are the key drivers for the market.
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Based on product, the market has been
segregated kiosk, whiteboards, tables, video walls, and monitors. The kiosk
segment is estimated to be account for the largest share during the review
period, however, the interactive whiteboard segment is expected to register the
highest CAGR during the forecast period. The growth is attributed to factors
such as advancements in teaching methodologies and growing adoption of
interactive learning in educational institutes across the globe. In 2018,
Posiflex Technology, Inc. launched interactive kiosks—Paragon TK-3200 Series.
It is a 32” interactive kiosk designed to cater to various end-use verticals
such as retail stores, quick service, and fast casual restaurants
Based on panel size, the market has been segmented into
17" to 32", 32" to 65", 65" & Above. 32" to
65" panel size segment held the highest market share in 2018 as it is
widely used in locations with large area and high footfall such as restaurants
and railway stations. However, the 65" & above panel size segment is
expected to register the highest CAGR during the review period.
Based on end user, the market has been
segmented into education, transportation, BFSI, retail, sports &
events, entertainment, healthcare, and others. The sports & events
segment is expected to dominate the interactive display market in 2018. In
2019, Maverick AV Solutions and NEC Display Solutions entered into a
pan-European partnership for NEC’s new range of interactive collaboration
solutions for meetings and conferencing. However, the transportation segment is
expected to register the highest CAGR during the review period.
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Key
Players
The prominent players
in the interactive display industry are LG Display (South Korea), Sharp
Corporation (Japan), Leyard Optoelectronic Co. Ltd (China), Samsung (South
Korea), NEC Corporation (Japan), Panasonic Corporation (Japan), ELO Touch Solutions,
Inc. (US), Crystal Display Systems Ltd (UK), Horizon Display, Inc. (US),
ViewSonic Corporation (US), Qisda Corporation (Taiwan), Baanto International
Ltd (Canada), Interactive Touchscreen Solutions, Inc. (US), Gesturetek, Inc.
(US), and Egan Visual, Inc. (Canada).
Regional
Analysis
The global interactive
display market has been segmented, by region, into North America, Europe,
Asia-Pacific, and the rest of the world.
North America is expected to be the
largest market in the forecast period owing to high concentration of market
players and easy availability of proficient technical expertise in the region.
Also, end-users in the region are the early adopter of advanced interactive display
technology which further drives the interactive display market. However,
Asia-Pacific is expected to register the highest CAGR during the forecast
period owing to the growing adoption of interactive displays in countries such
as Japan, China, Korea, and India.
Market
Research Future (MRFR) is an esteemed company with a reputation of serving
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