Kenneth Research, in its repository of market research reports, has recently added a report on Interactive Displays Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The Interactive Displays Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
The U.S. Market recovers fast; In a release on May 4th, 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Interactive Displays Market products.
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Global Interactive Display Market Analysis
According to Verified Market Research, The Global Interactive Displays Market was valued at USD 14.22 billion in 2017 and is projected to reach USD 31.5 billion by 2025, growing at a CAGR of 14.86% from 2018 to 2025.
What are Interactive Displays?
Interactive Displays are large screens that display images while enabling touch screen interaction and unlike Interactive projectors, these displays don’t always need a pen or stylus as they can easily respond to finger or palm touch. In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The enhanced customer experience due to the growing use of HD Interactive displays in various verticals, in increasing the customer engagement, assures high Return on Investment. Increasing panel size with decreasing prices is one of the major driving factors including the others mentioned. Increasing deployment of interactive displays in education sector is also boosting the growth of global Interactive Display market. However, high costs incurred for customization of touch tables into interactive displays and low application of interactive whiteboards in the education sector could be few of the major restraining factors for the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Interactive Display Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Interactive Display Market Competitive Landscape
The “Global Interactive Display Market” study report will provide a valuable insight with an emphasis on global market including some of the major players as follows:
• Samsung Display Co. Ltd. (South Korea)
• Hitachi (Japan)
• Panasonic Corporation (Japan)
• Benq (Taiwan)
• Promethean World (UK)
• Planar Systems Inc. (US)
• Nec Display Solutions Ltd. (Japan)
• LG Display Co. Ltd. (South Korea)
• Interactive Touchscreen Solutions Inc. (US)
• Horizon Display (US)
• Gesturetek Inc. (US)
• Baanto International Ltd. (Canada)
• Elo Touch Solutions Inc. (US)
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Interactive Display Market, By Product
• Interactive Kiosk
• White Board
• Video Wall
• Flat Panel Displays
Global Interactive Display Market, By Panel Size
• Above 65”
Global Interactive Display Market, By Technology
• Liquid Crystal Display (LCD)
• Light-Emitting Diode (LED)
Global Interactive Display Market, By Vertical
• Government and Corporate
• Media and Entertainment
Global Interactive Display Market, Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
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