Tuesday, 02 January 2024 12:17 GMT

Interactive Display Market Are Expected To Grow At A 8.1% Cagr From 2023-2033 X Herald


(MENAFN- Ameliorate Digital Consultancy) The global interactive display market is presently worth US$ 42 billion and is anticipated to increase to US$ 91.9 billion by 2033. Global shipments of interactive displays are predicted to expand at a high-value CAGR of 8.1% between 2023 and 2033.
In recent years, technology proliferation in human lives has increased substantially, resulting in a huge global need for electronics. With great developments in the display market over the last decade, digital displays have become increasingly crucial in an increasingly digital world.

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Competitive Landscape:

To increase their product range and boost sales, top interactive display providers are working on developing new and sophisticated technology displays for a variety of applications.

Boxlight Corporation, a global leader in interactive technology, announced the introduction of its revolutionary interactive display in June 2022. MimioPro 4 is a new interactive display created for instructors to enhance their educational system so that students may study to their full potential. The device is anticipated to serve as the foundation for Mimio Connected Classroom, an education technology environment designed to enhance interactive learning and thinking.
ViewSonic Corporation, an American-Taiwanese multinational electronics corporation, announced the debut of its innovative interactive displays for the edtech industry in India in July 2022. The ViewBoard 52 Series is offered in 65-inch, 75-inch, and 86-inch sizes, and each has an inbuilt multimedia soundbar.

Key Players:
. BenQ Corporation
. IntuiLab SA
. Google Inc.
. Samsung Display Co. Ltd.
. Egan Teamboard Inc.
. SMART Technologies
. Crystal Display Systems Ltd.
. CiSystems Inc.
. Hitachi Ltd.
. Planar Systems Inc.
. LG Display Co. Ltd.
. ViewSonic Corporation
. Microsoft Corp
. Epson America Inc.
. NEC Display Solutions Ltd.
. Panasonic Corporation

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Regional Analysis:

Government and educational institutions are expected to lead the market for interactive displays in the United States in the next years due to their rapid embrace of new technology. Other factors that are expected to drive interactive display board sales in the United States over the next ten years include the presence of major interactive touch screen providers, the widespread use of interactive displays in restaurants, and rising sales of interactive touch tables.

The market for interactive displays in the United States is estimated to account for more than half of the revenue share in the North American region by the end of the forecast period.

Japan and Korea, like other Asian countries, are seeing unprecedented gains in intepenetration and digitization, which are likely to be major drivers of demand for interactive touch screens. Furthermore, the presence of a healthy semiconductor and electronics industry, as well as key display manufacturers such as LG Electronics, Samsung Electronics, and others, is expected to boost market potential during the forecast period.

Manufacturers of interactive displays can invest in Japan and Korea to strengthen their position in the Asian market, as well as begin manufacturing in these countries to capitalize on the easy availability of raw materials.

Key Segments of Industry:
. By Product Type :
o Interactive White Boards
o Interactive Flat Panel Displays
o Interactive Projectors
o Interactive Tables
o Interactive Monitors
o Interactive Kiosks
o Others
. By End User :
o Education
o Finance & Professional Services
o Healthcare
o Retail
o Hospitality & Leisure
o Travel & Transportation
o Other End Users
. By Size :
o Less than 32 IN
o 33 IN – 42 IN
o 43 IN – 55 IN
o 56 IN – 65 IN
o 66 IN – 70 IN
o 71 IN – 80 IN
o 81 IN to 90 IN
o Over 90 IN

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