Market overview
According to Market Research Future, the market for interactive displays 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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Interactive display systems are screens which not only display images but also react to touch by stylus pens, fingertips, and palm. The fundamental benefit of interactive displays is that they are not dependent on the input of supplementary laptops, PCs or tablets and are easy to connect and use. The rapid advancement taking place in digital classroom technology, deteriorating display prices, and rising application of interactive display in offering public services such as wayfinding, signage, and ticketing are the major influential factors that are driving the development of the global interactive display market.
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).
Segmental Analysis
The global market for interactive display has been segmented on the basis of product, end-user, panel size, and region.
Based on the product, the market has been segmented into kiosks, monitors, tablets, video walls, and whiteboards. The kiosk segment is slated to dominate the market share over the forecast period. On the other hand, the whiteboard segment is projected to register the highest CAGR in the foreseeable future, due to the rapid pace of advancement in teaching methodologies and rising implementation of interactive learning in educational institutes across the globe.
On the basis of panel size, the interactive display market has been segmented into 32″ to 65″, 17″ to 32″, 65″ & above. The 32″ to 65″ segment is expected to lead the market share over the assessment period. extensive adoption of panels of these sizes is attributed to their cost-efficiency. they are widely used in locations with abundant areas and higher footfall such as railway stations and restaurants.
Based on the end-user, the market has been segmented into education, sports & events, transportation, retail, BFSI, healthcare, entertainment, and others. The sports & events segment is anticipated to dominate the interactive display market during the forecast period. On the other hand, the transportation segment is estimated 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.
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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.
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