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3. Commercial Touch Display Companies - SAMSUNG (South Korea) and LEYARD (China) are the Key Players

The global commercial touch display market is projected to grow from USD 5.8 billion in 2024 to USD 8.7 billion by 2029, registering a CAGR of 8.6% during the forecast period. The swift integration of digital healthcare solutions and electronic health records has increased the need for sophisticated display systems in medical environments. The rise of telemedicine applications and the incorporation of touch displays in remote healthcare scenarios have further propelled this growth. These advancements facilitate dynamic and collaborative interactions between healthcare professionals and patient data, enhancing the overall efficiency of healthcare delivery.

The industry leaders prioritize innovation, consistently introducing cutting-edge technologies to meet evolving consumer demands. They invest significantly in research and development to enhance display resolutions, touch sensitivity, and integration with emerging technologies. Additionally, these companies focus on strategic partnerships and collaborations, leveraging synergies to expand their market presence and offer comprehensive solutions.

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SAMSUNG is a global leader in the manufacture and distribution of display panels. The company's interactive display products find diverse applications in sectors such as retail, hospitality, BFSI, education, and corporate. SAMSUNG has earned a distinguished brand reputation and established an extensive network of distributors and channel partners worldwide. The company is well known for its innovative display technologies, driven by substantial research and development investments, underscoring its commitment to product innovation. Furthermore, Samsung boasts a robust geographic presence, with North America, South Korea, Europe, Asia, Africa, and China making significant contributions to its revenue. Samsung employs a dual approach, focusing on both organic growth strategies, like product development, and inorganic growth strategies, such as acquisitions, to bolster its market position. For instance, in January 2023, Samsung introduced the world's first touch-integrated OLED display, replacing traditional plastic film with a touch-integrated panel.

LEYARD is a leading manufacturer of display solutions and is a premier provider of visual experiences. It offers a diverse array of display products, including video walls, monitors, and standalone displays. The bulk of the company's revenue is generated through the Display segment, which encompasses commercial touch display products. As a result, LEYARD maintains a significant presence in the commercial touch display market. Additionally, the company has a robust foothold in the Chinese market. The company focuses on both organic and inorganic growth strategies such as acquisitions, partnerships, joint ventures, and collaboration to expand its foothold in the market. For instance, in July 2023, it formed a strategic partnership agreement with the IAC aimed at harnessing its individual strengths to facilitate the advancement of local industrial system modernization, digital transformation, and the enhancement of the real economy's high-quality development.

LG DISPLAY CO., LTD. has a comprehensive commercial display portfolio, including OLED, in-TOUCH, video walls, and signage. The wide range of display products has various applications in retail, corporate, and education industries. Along with a comprehensive portfolio of products, LG DISPLAY., LTD. also has a strong geographic presence with operations and sales in South Korea, China, the US, Europe, Asia, and Poland. The company also focuses on investing extensively in research and development activities to develop advanced products. For example, the company was the first to introduce OLED TV screens to the market. LG DSIPLAY., LTD. strategically focuses on a combination of organic growth tactics, such as product launches and inorganic growth strategies through partnerships and collaborations to reinforce its position in the competitive display market. The company is dedicated to propelling product advancements and technological innovations, prioritizing significant investments in research and development activities. In January 2023, LG Display Co., Ltd. introduced its 3rd generation OLED TV display, featuring integrated META technology. Moreover, the company explores opportunities in the automotive display segment by leveraging its OLED and LTPS LCD technologies, which incorporate two organic light-emitting layers for enhanced brightness and durability compared to single-layer OLED counterparts.

SHARP CORPORATION is a leading provider of display products. The company offers a wide range of display solutions, including LCD monitors with a variety of features and specifications to cater to a wide range of applications. SHARP CORPORATION is headquartered in Japan and has its R&D bases in the US, China, Malaysia, and India, supporting product innovation and sales growth. The company also invests significantly in research and development to foster the development of new technology to support high-quality display products. The company also focuses on inorganic growth strategies; for instance, in March 2023, SHARP CORPORATION collaborated with E Ink Holdings Inc. to develop and market e-paper posters using E Ink’s technology.

NEC Corporation is a leading manufacturer of digital signage products, software, and services. It offers a wide range of video walls, standalone displays, projectors, services, and software that cater to commercial, infrastructural, and institutional purposes. Apart from its diverse portfolio of digital signage, the company also boasts a strong presence in the Asian market. The company mainly focuses on inorganic strategies such as partnerships, joint ventures, and collaborations. For instance, in March 2020, NEC Corporation and Sharp Corporation reached an agreement to establish a joint venture by merging NEC Display Solutions, Ltd. (NDS), a subsidiary of NEC, with Sharp. Both NDS and Sharp are renowned leaders in visual solutions production and development.

Related Reports:

Commercial Touch Display Market by Product (Monitor, POS Terminal, Signage Display), Touch Technology (Resistive, Capacitive, Infrared), Aspect Ratio (Wide, Square), Resolution, Screen Size, Industry, Application and Region - Forecast to 2029

Contact:
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MarketsandMarkets™ INC.
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