The global interactive display market size was estimated at USD 42.55 billion in 2022 and is expected to hit around USD 87.29 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 7.50% from 2023 to 2032.
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In the recent years due to an increased demand for interactive displays like that of the tables as well as the video walls and a growing demand for the classrooms that are offered digital nature will drive the market growth in the coming years. These interactive displays are used in displaying information at the airports as well as the railway stations. They are also used in different public transports for displaying important information. Interactive display has many different videos, texts as well as images that appear on the screen. Interactive display is used in many industries across the globe. There is a growing demand for interactive display in education as well as health care facilities. Effective display is also used in retail outlets. Interactive displays are also used for displaying important information in the hospitals and specialized clinics. There has been a growth in the demand for interactive screen in the corporate world and the hospitality segments.
The market is expected to grow during the forecast period due to an increased adoption of various touch screens interactive tables. These touch screen tables are also used for displaying the menu card from where the orders are taken through the customer and it also displays the waiting time. The touch screen displays the different products offered by an industry along with the prices of these products. There has been no growth in the demand for these tables in the corporate world. It helps in providing better consumer experience and better experience for the vendors as well as the clients. It is an engaging technology which is extremely efficient when used in a proper manner in the offices. It helps in better management of the clients and the vendors. Increase in the digitalization of education will drive the market growth during the forecast period.
Constant research and development have provided with advanced technologies that have enhanced the output of the interactive screens. The availability of the laptops, white boards that have a touch screen and the easily available smartphones are some of the devices that are in great demand. Projectors and the tables are widely used in the education sector. The use of all these devices create an engaging environment in the education facility. Interactive interface helps in improving the learning process. It also helps in enhancing the levels of retention of the information. The use of all these equipments have enabled the users to incorporate videos and audios that are extremely helpful in delivering the information in a better way. All the available digital content that is displayed through these interactive platforms will create a better impact on the minds of the students.
During the pandemic there were disruptions in the supply chain which resulted in the closing down of various industries. The lockdowns imposed by different nations and the policies regarding social distancing created more havoc. The production of interactive display equipments was affected to a great extent as the manufacturing facilities for the electronics industry had shut down. The effect of the COVID-19 pandemic was temporary and the market is expected to grow well during the forecast period. The demand for these interactive display products or equipment is expected to grow well during the forecast period due to an increased digitalization across various industries.
Report Scope of the Interactive Display Market
|Market Size in 2023||
USD 45.53 Billion
|Market Size by 2032||
USD 87.29 Billion
|Growth Rate from 2023 to 2032||CAGR of 7.50%|
|Forecast Period||2023 to 2032|
|Segments Covered||Display Type, Panel Size, Panel Type, Technology, Application, Geography|
Samsung Electronics (South Korea), NEC Corporation (Japan), LG Display (South Korea), Leyard Optoelectronic (China), BenQ Corporation (Taiwan), Promethean World Ltd (US), Pro Display Group (UK), SMART Technologies (Canada), Sharp (Japan), Panasonic Corporation (Japan), ViewSonic (US), Elo Touch Solutions (US), Crystal Display Systems (UK), Horizon Display (US), TableConnect GmbH (Austria)
Display Type Insights
On the basis of the display type, the interactive kiosk segment accounted highest revenue share of about 72% in 2022. This type of display has application in many industries due to which the segment is expected to grow well during the forecast period. It is extensively used in the transportation business, the retail sector. It is used in the automated teller machine and the smart vending machines. Interactive kiosks are in great demand as they have been instrumental in providing customized plans add effective costs to various clients. The use of these kiosks has played a very important role in meeting the demands of the consumers even when the stores are running extremely busy.
The interactive video wall segment will grow at a compound annual growth rate of 13% during the forecast period. Increase in the use of this type of interactive screen in the hospitals will drive the market growth. It is helpful in delivering important information to the physicians. There has been a great demand for these video walls by the consumers for meeting their enhanced lifestyles
The BFSI segment has dominated the market with the market share of about 32% in the past. In the retail sector the touch screen display is in great demand. And the demand for touchscreen display will grow in the coming years. Growing demand for interactive kiosk in the retails will drive the market growth. Stores like Walmart make use of the interactive tables and the interactive kiosks in order to display the different products that are available in the chain. These products are displayed along with their specifications and the pricing. It helps in enhancing the experience of the consumers by providing all the information on a single platform that is easily accessible. A great number of opportunities are expected to be provided by the retail segment as the use of interactive platforms will be helpful in providing good shopping experiences. It shall also be useful in providing the information regarding the availability of certain products at certain locations.
The use of interactive display has also played a very important role in providing virtual spaces. It helps in improving the experience of the viewer. Increase use of interactive display in the automated teller machine and the cash deposit machine will drive the market growth in the coming years. The introduction of this technology has played a crucial rule even in the transport industry. All the information regarding the travel are displayed through the use of these interactive display boards. Increased use of the interactive height boards for various meetings and conferences held in the corporate industry will drive the market growth.
The corporate segment is also expected to grow well during the forecast period due to an increased use of these interactive displays. The use of these interactive display have provided a central platform for all the documents as well as the nodes that could be useful in the future.
Interactive Display Market Share, By Region, 2022 (%)
|Regions||Revenue Share in 2022 (%)|
On the basis of geography, the North American region had a market share of about 38% in 2022. The presence of major manufacturers of these equipments will drive the market growth in this region. There has been an increased use of though technologies that make use of touch screen in many restaurants. In the countries like the United States and Canada this technology is largely used in many restaurants. Apart from its use in the hotel industry it is also used in the government sector. Growing demand for this technology in the corporate education and the retail sectors will drive the market growth in this region.
Asia Pacific region will grow at a CAGR of 14% from 2023 to 2032. The Asia Pacific region will also see a great demand for interactive display during the forecast period. Increase in the number of investments made by various industries to enhance their output will drive the market growth period the population in the Asia Pacific region is text savvy and this is expected to drive the market growth in the coming years. There shall be a considerable growth in the European region during the forecast. There is a growth in the demand for these interactive boards and tables in the educational sector.
Key Market Developments
Key market players
Segments covered in the report
By Display Type
By Panel Size
By Panel Type
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