Key Revenue Pockets - Interactive Display Market
The interactive display market is expected to grow from USD 9.0 billion in 2020 to USD 13.2 billion by 2025, at a CAGR of 8.1%. Growing demand for gamification and digital classrooms, growing adoption of interactive displays in retail sector, declining price of displays, easy availability of interactive products, and increased end-user engagement by using interactive displays for various applications—such as learning, presentations, signage, wayfinding, and ticketing—are the key factors driving the interactive display market.
Based on the products, the interactive display market has been divided into interactive kiosk, interactive whiteboard, interactive table, interactive video wall, and interactive monitor. The market for interactive video walls are expected to grow at the highest CAGR from 2020 to 2025. Interactive video walls are used for advertising by various companies to attract larger crowds. Video walls are attached to large walls and can thus grab the attention of passers-by. An increasing number of malls and public outing spaces are boosting the demand for interactive video walls.
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The market for 65” and above interactive displays are expected to grow at the highest CAGR from 2020 to 2025. These large-sized displays are very expensive. Hence, they are primarily used in industrial applications and some niche applications. However, improved product performance and reduced cost are expected to open up new application areas for these displays in the corporate, educational, hospitality, and retail sectors during the forecast period.
Among all regions, APAC is expected to register the highest growth in the interactive display market during the forecast period. China, South Korea, Japan, India, and Rest of APAC are covered under the interactive display market analysis. In APAC, the high growth can be attributed to the increased investments by the government in the education sector and the presence of key manufacturers such as Samsung, LG Display, Sharp Corporation, and Panasonic. Key players are grabbing the opportunities by expanding their global reach and launching new products.
Related Reports:
Interactive Display Market with COVID-19 Impact Analysis, by Product (Interactive Kiosk, Whiteboard, Table, Video Wall, Monitor), Technology (LCD, LED, OLED), Panel Size, Panel Type, Vertical, and Geography - Global Forecast to 2025
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