Published Date : 02 May 2024
The global interactive display market size reached USD 45.53 billion in 2023 and is projected to attain around USD 93.33 billion by 2033, poised to grow at a CAGR of 7.48% during the forecast period from 2024 to 2033. The market is growing due to increased demand in various industries, such as the education sector, the entertainment and sports industry, the retail industry, and the business sector as well.
The interactive display market deals with the production and distribution of interactive displays in various industries, including healthcare, education, retail, business, entertainment, and sports. In these industries, the utilization of interactive displays is significantly growing, which increases the demand in the market. Interactive displays are also used in transport to display important information and ads. As technology grows, interactive display use is increasing in many industries. Many industries continuously adopt interactive displays due to several advantages, such as increased productivity in the workplace, ease of use, more engaging presentations, and enhanced student engagement while studying, and these benefits are growing the market.
Increasing adoption in the healthcare or education sector fuels the market’s growth
The utilization of interactive displays in the healthcare industry is increasing due to advanced technology and benefits such as patients easily checking, updating their records, paying bills, or scheduling future appointments on-screen, allowing doctors to quickly and easily retrieve and speed up patient intake. Along with that, in the healthcare industry, interactive displays allow real-time engagement and collaboration; these displays are mostly found in centers, doctors’ surgeries, and care homes. In the education sector, interactive displays are very useful and provide many benefits, such as increasing student interest through video or internet streaming, boosting engagement through interactive elements, including educational learning apps and software, sharing work with screen mirroring, saving time or effort, and more. Because of these benefits, the use of interactive displays is growing in the interactive display market.
However, the high cost of manufacturing and increasing online shopping decreases due to the high cost of manufacturing. The market needs high investment, which increases the cost of interactive displays, and not everyone can afford it, especially in ruler areas. Along with that, retail shops are reducing, and online shopping is increasing, which decreases the use of interactive displays in the retail industry, and that can negatively impact the market.
| Report Coverage | Details |
| Market Revenue in 2023 | USD 45.53 Billion |
| Projected Forecast Revenue by 2033 | USD 93.33 Billion |
| Growth Rate from 2024 to 2033 | CAGR of 7.48% |
| Largest Market | North America |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Asia Pacific is expected to grow at the highest rate during the forecast period due to increased awareness about its benefits. Many key players are investing in the market and increasing the use of interactive displays in various industries such as education, healthcare, retail, and business. As technology is growing in the region, the advancement of interactive displays is growing. In Asia Pacific, there are countries like China and India that have better technology and infrastructure to develop interactive displays, and in these countries, there are industries that are continuously developing and adopting new technology, including education and healthcare industries. In India, many companies are selling interactive displays, such as Creative Technology, BenQ, Gladwin Technologies, LG Display, Accutech Technologies, and more. Along with China, Japan, and India are also promoting the growth of the interactive display market in the Asia Pacific region. Many big companies are launching their interactive displays in India.
North America dominated the interactive display market in 2023 due to the early adoption of technology, and increased awareness is leading the market growth in the region. Many industries follow the trend and adopt technology. Almost every school is using digital methods of teaching and an interactive display to enhance the student learning experience. Also, in healthcare, they are using interactive and improving healthcare infrastructure along with continuously using technology in the corporate world, which is growing the market.
Increasing demand in different industries
As the interactive display market is growing in different industries, the demand and production of new products will increase, such as in the healthcare, entertainment, retail, and education industries, where the need for advanced technology is on the rise. These industries are continuously growing, and the development of new products like interactive kiosks, video walls, tables, monitors, and whiteboards is frequently growing in efficiency. Along with that, the utilization of AI and ML in the market can analyze user data, enable personalized experience, and make the device more interactive or engaging.
Market Segmentation
By Display Type
By Panel Size
By Panel Type
By Technology
By Application
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