Interactive Display Market Size & Trends
The global interactive display market size was valued at USD 41.45 billion in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The study comprises interactive kiosk, video walls, table, monitors, and whiteboard. The interactive or touchscreen display is a display unit that accepts user commands with the help of a finger or stylus in place of peripheral devices, such as a mouse or keyboard. Additionally, these displays include screens that project information, such as texts, images, and videos. These display screens are used in various industries, such as retail, healthcare, hospitality, and education. The market is expected to witness significant growth in the coming years, primarily owing to increasing demand for digital classrooms as well as growing adoption of these displays, such as video walls and tables. These video walls and tables are used at transit spaces/public transportation, such as railway stations and airports.
Gather more insights about the market drivers, restrains and growth of the Interactive Display Market
Rapidly increasing adoption of touchscreen tables as well as video walls in the hospitality and corporate sectors is expected to drive the market during the forecast period. The touchscreen table acts as a menu board to indicate the waiting time of the orders taken from the customer, along with prices and ingredients. Furthermore, the use of touchscreen tables in corporate meetings has been observed to provide a better experience for the clients as well as employees. The use of such technology in offices allows better engagement between employees, management, and clients.
Digitalization in the education sector involving the use of new technologies, such as smartphones, tablets, laptops, and touchscreen whiteboards and tables, projectors, and kiosks in classrooms, increases student engagement and makes the learning process more reciprocal, resulting in increased learning retention levels. Moreover, these displays help in maintaining a convenient communication environment that encourages group learning, participation, and creativity in the classroom, along with feedback not only between teachers and students but also among the students themselves. Besides, these display technologies permit teachers to include media, games, audio clips, and video clips in their lessons. In the past few years, student preferences have been witnessing a paradigm shift towards digital learning as it allows them to learn through relevant digital content.
Furthermore, factors such as internet penetration and changing preferences towards technology have positively influenced the adoption of touch display technologies. Additionally, the rising emphasis on gamification in the education system has boosted market growth. Gamification is considered to be an influential tool, which improves the medium of delivering lectures by incorporating lessons in the form of games and helps to develop cognitive skills and effective interaction in classrooms. Moreover, it enables the integration of 3D characters and game mechanics into effective courseware to make the learning process more reciprocal for students.
Browse through Grand View Research’s Display Technologies Industry Research Reports.
- The global outdoor LED display market sizewas valued at USD 7236.9 million in 2022 and is expanding at a compound annual growth rate (CAGR) of 15.9% from 2023 to 2030. The increasing demand for digital advertising and the rising popularity of large-scale events drive market growth.
- The global smart TV market size was valued at USD 197.82 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 11.4% from 2023 to 2030. The increased popularity of content on over-the-top (OTT) services has provided a boost to the smart TV market.
Interactive Display Market Segmentation
Grand View Research has segmented the global interactive display market on the basis of display type, application, and region.
Interactive Display Type Outlook (Revenue, USD Billion, 2017 – 2030)
- Kiosk
- Video Wall
- Tables
- Monitor
- Whiteboard
Interactive Display Application Outlook (Revenue, USD Billion, 2017 – 2030)
- Retail
- Hospitality
- Healthcare
- Transportation
- BFSI
- Corporate
- Entertainment
- Education
- Others
Interactive Display Regional Outlook (Revenue, USD Billion, 2017 – 2030)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
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Key Companies profiled:
- Panasonic Corporation
- Horizon Display, Llc
- Lg Display Co.
- Ideum
- Marvel Technology (China) Co., Ltd
- Sharp Corporation
- Tableconnect