Interactive Display Market Research Report - Forecast till 2027

Interactive Display Market Research Report: by Product (KIOSK, Whiteboard, Table, Video Wall, Monitor), Panel Size (17" to 32", 32" to 65", 65" & Above), End User (Education, Transportation, BFSI, Retail, Sports & Events, Entertainment, Healthcare and others) - Forecast till 2027

ID: MRFR/SEM/6570-HCR | February 2021 | Region: Global | 111 pages

Interactive Display Market Synopsis


The Interactive Display Market is expected to grow from USD 8,878.3 million in 2018 to USD 12,882.7 Million by 2024, at a CAGR of 6.66%, during the forecast period.Interactive displays involve a multi-touch screen that displays images while enabling touchscreen interaction. It combines micro technology with the concept of design and usability. Rapid advancement in digital classroom technology, decline in display prices, and growing application scope of interactive displays in providing public services such as signage, wayfinding, and ticketing are the major growth drivers for the market.


The interactive display market has been segmented based on product, panel size, end user, and region.


By product, the Interactive Display Market has been segmented into kiosks, whiteboards, tables, video walls, and monitors. The kiosk segment is expected to dominate during the forecast period. Interactive kiosks are user-friendly informative devices that provide customers with various options to select from without the assistance staff. However, the whiteboard segment is expected to register the highest CAGR from 2019 to 2024 owing to the rapid pace of advancement in teaching methodologies and growing adoption of interactive learning in educational institutes across the globe.


By panel size, the Interactive Display Market has been segmented into 17" to 32", 32" to 65", 65" & above. The 32" to 65" segment is estimated to dominate the market during the forecast period. Wide adoption of panels of these sizes is attributable to their cost-effectiveness; they are widely used in locations with wide area and high footfall such as restaurants and railway stations.


By end user, the Interactive Display 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 during the forecast period. However, the transportation segment is expected to register the highest CAGR during the forecast period owing to their growing use in the transportation industry for making reservations, getting schedules of arrival and departure, receiving real-time status updates, and similar others.


The key players of the Interactive Display Market primarily focus on growth strategies such as partnerships, mergers, acquisitions, and new product development to enhance their product offerings and expand their market reach. For instance, 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 conferences.


Competitive Analysis


The key players in the market are expanding their product reach in different regions with product developments and product launches to increase their interactive display market share. The primary focus of the market players is on R&D. In recent years, these players have developed numerous interactive display products. For instance, in 2018, BenQ corporation launched an education interactive panel display— BenQ RM5501K— to meet the classroom needs and aid teachers in building a healthy and engaging learning environment.


Key Players


The prominent players in the interactive display industry are product 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).


Interactive Display Market  Interactive Display Market_Image


Source: MRFR Analysis


Segmentation


By product, the market has been segmented into kiosk, whiteboard, table, video wall, and monitor.


By panel size, the market has been segmented into 17" to 32", 32" to 65", 65" & Above.


By end user, the market has been segmented into education, transportation, BFSI, retail, sports & events, entertainment, healthcare, and others.


By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the World.


Regional Analysis


The global market for interactive display market is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of the interactive display market has been done for North America, Europe, Asia-Pacific, and the rest of the world. 


North America is expected to hold the largest market share in the interactive display market from 2019 to 2024 as the end users in the region willingly invest in new technologies which further promotes the development of interactive display by market players. However, Asia-Pacific is expected to register the highest CAGR during the forecast period owing to high concentration of market players, easy availability of proficient technical expertise, and growing adoption of interactive displays in countries such as Japan, China, Korea, and India. In 2018, Prysm, Inc. launched a Laser Phosphor Display (LPD) 6K Series in India to provide the users with a seamless and immersive visual experience.


Intended Audience



  • Original Device manufacturers (OEMs)

  • Technology standards organizations,

  • Forums, alliances, and associations

  • Analysts and strategic business planners

  • Research organizations

  • Technology investors

  • Governments, financial institutions, and investment communities



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 12,882.7 Million
  CAGR   6.66%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, Panel Size, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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)
  Key Market Opportunities   The end users willingly invest in new technologies which further promotes the development of interactive display by market players.
  Key Market Drivers   Rapid advancement in digital classroom technology, decline in display prices, and growing application scope of interactive displays in providing public services such as signage, wayfinding, and ticketing.


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :


The study reveals that the global interactive display market’s valuation was USD 8,878.3 million in 2018, which is a historic valuation.

The major growth drivers are listed as rapid advancement in digital classroom technology, lesser prices, and budding application scope of interactive, wayfinding, and ticketing.

The key players of the market are mainly focusing on making growth strategies such as acquisitions, mergers, partnerships, and new product development to expand the market reach in the future.

It is the product, panel size, end-user segments that are studied as well as mentioned in the market’s growth graph.