Press release
Surface Computing Market is Expected to Reach USD 66.88 billion by 2023: Touchmagix Media Pvt. Ltd, eyefactive GmbH, 3M, Apple, Microsoft Corporation and vertigo systems GmbH
Industry Trend AnalysisThe global Surface Computing Market was worth USD 4.09 billion in 2014 and is expected to reach approximately USD 66.88 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 36.41% during the forecast period. Surface computing systems, otherwise called tabletop computers, are foreseen to be the eventual fate of desktop. Many organizations besides Microsoft, for example, HP, Sony, and Lenovo are creating computing systems of greater screen size which have been named as tabletop computers. Some of the critical highlights of surface computing incorporate multi-touch and multi-user technology, which helps in perceiving physical protests through touch. It uses regular UI (NUI) to associate with clients, in this manner upgrading the client's involvement of computerized content through characteristic motions, touch, and physical items.
Type Outlook and Trend Analysis
The surface computing market has been sectioned on the basis of type of display into flat and curved displays. Flat display based surface computing systems represented a market share of 92% in 2014. Presently, most of the surface computing systems available in the market contain a flat display and are chiefly two dimensional. Nonetheless, organizations involved in the growth of surface computing systems are focusing toward enhancement of the technology in association with curved and three dimensional base surface computing systems.
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Vision Outlook and Trend Analysis
Based on vision the market is segmented into two and three dimensional surface computing systems. The market for curved display and three dimensional surface computing systems is foreseen to grow at a high CAGR in the upcoming years.
Application Outlook and Trend Analysis
Surface computing systems are mainly useful in applications such as financial services, education, automotive, government, entertainment, healthcare, retail and hospitality. Hospitality and retail segments possess a huge share in the surface computing market. The hospitality segment of the surface computing market is anticipated to develop at the highest CAGR in the upcoming years.
Regional Outlook and Trend Analysis
Asia Pacific is foreseen to be the fastest-developing market for surface computing devices and is projected to register a significant CAGR in the upcoming years. North America is the biggest market for surface computing devices and represented for the highest market share of 40% in 2014; it is foreseen to grow at a substantial rate in the upcoming years.
Competitive Insights
The leading players in the market are Touchmagix Media Pvt. Ltd, eyefactive GmbH, 3M, Apple, Microsoft Corporation and vertigo systems GmbH. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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The Surface Computing Market is segmented as follows-
By Type:
Flat surface
Curved Surface
By Vision:
Two Dimensional
Three Dimensional
By Application:
Education
Automotive
Hospitality
Retail
Government
Financial Services
Healthcare
Others
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