iCrowdNewswire Jan 13, 2021 4:00 AM ET
According to Market Research Future, the market for interactive Displays has been segmented on the basis of product, panel size, end user, and region.
Interactive displays are screens that not only display images but also respond to touch by fingertip, stylus pens, and palm. The key benefit of interactive displays is that they do not rely on the input of other laptops, PCs or tablets and are easy to install and use. Rapid advancement in digital classroom technology, declining display prices, and growing application of interactive display in providing public services such as signage, wayfinding, and ticketing are the key drivers for the market.
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Based on product, the market has been segregated kiosk, whiteboards, tables, video walls, and monitors. The kiosk segment is estimated to be account for the largest share during the review period, however, the interactive whiteboard segment is expected to register the highest CAGR during the forecast period. The growth is attributed to factors such as advancements in teaching methodologies and growing adoption of interactive learning in educational institutes across the globe. In 2018, Posiflex Technology, Inc. launched interactive kiosks—Paragon TK-3200 Series. It is a 32” interactive kiosk designed to cater to various end-use verticals such as retail stores, quick service, and fast casual restaurants
Based on panel size, the market has been segmented into 17″ to 32″, 32″ to 65″, 65″ & Above. 32″ to 65″ panel size segment held the highest market share in 2018 as it is widely used in locations with large area and high footfall such as restaurants and railway stations. However, the 65″ & above panel size segment is expected to register the highest CAGR during the review period.
Based on end user, the market has been segmented into education, transportation, BFSI, retail, sports & events, entertainment, healthcare, and others. The sports & events segment is expected to dominate the interactive display market in 2018. In 2019, Maverick AV Solutions and NEC Display Solutions entered into a pan-European partnership for NEC’s new range of interactive collaboration solutions for meetings and conferencing. However, the transportation segment is expected to register the highest CAGR during the review period.
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The prominent players in the interactive display industry are LG Display (South Korea), Sharp Corporation (Japan), Leyard Optoelectronic Co. Ltd (China), Samsung (South Korea), NEC Corporation (Japan), Panasonic Corporation (Japan), ELO Touch Solutions, Inc. (US), Crystal Display Systems Ltd (UK), Horizon Display, Inc. (US), ViewSonic Corporation (US), Qisda Corporation (Taiwan), Baanto International Ltd (Canada), Interactive Touchscreen Solutions, Inc. (US), Gesturetek, Inc. (US), and Egan Visual, Inc. (Canada).
The global interactive display market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.
North America is expected to be the largest market in the forecast period owing to high concentration of market players and easy availability of proficient technical expertise in the region. Also, end-users in the region are the early adopter of advanced interactive display technology which further drives the interactive display market. However, Asia-Pacific is expected to register the highest CAGR during the forecast period owing to the growing adoption of interactive displays in countries such as Japan, China, Korea, and India.
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