Press release
Interactive Display Market Offering Trends, Share, Size, Growth until the End of 2026 || Key Player - Ben Q Corporation, Samsung Display Co. Ltd., Crystal Display Systems Ltd., Planar Systems Inc., Intuit Lab SA, Panasonic Corporation
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According to a recent study published by Fact.MR, the global interactive display market is projected to register a high double-digit CAGR throughout the forecast period (2017-2026). Sales of interactive display across the globe are estimated to reach nearly US$ 17,000 Mn in revenues by 2026-end.
Surging Popularity of E-Learning to Propel Demand for Interactive Display
E-learning is gaining immense momentum in the educational sector worldwide, which in turn is alleviating the quality of education in classrooms along with improved interaction between students. Interactive displays serve as an ideal tool for delivering the content interactively in e-learning. Interactive walls, interactive monitors, interactive white boards, and interactive kiosks are witnessing significant adoption in developed countries such as the U.S., the U.K, and Canada. In addition, the tremendous increase in penetration of the internet, and the need to lower human involvement in production processes has necessitated demand for reliable and convenient human-machine interaction. Being highly user-friendly, interactive displays are finding huge applications in manufacturing processes and various other industrial verticals. Several industries across the globe are increasingly automating their business processes, making the accessibility and flexibility provided by interactive displays appealing.
Students around the world are increasingly attracted toward 3D graphical presentations of their academics. In addition, 3D graphics play a pivotal role in medical diagnostics and the biomechanical sector. 3D interactive displays, which are devoid of 3D glasses, are expected to emerge as the next-generation display, attracting interests of various end-use sectors, and thereby influencing the market growth. Decreasing costs of interactive displays, along with rising popularity of high-definition (HD) displays are further expected to propel the market expansion. In addition, integration of these displays into systems such as voice recognition, GPS and audio systems in 3D advertising are expected to pave huge growth opportunities for manufacturers.
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The education sector provides a sound opportunity for sales of interactive displays, particularly for interactive whiteboards. Advent of e-learning, which entails adoption of interactive displays, has simplified access to education, improved student interactions, and enhanced the education quality. Education sector is therefore anticipated to remain the largest end-user of interactive displays, with sales poised to surpass US$ 5,000 Mn in revenue by 2026-end. Sales of interactive display for end use in financial & professional services will also account for a large portion of the market revenue share during 2017 to 2026. In addition, interactive display sales in retail and travel & transportation will register a parallel expansion through 2026.
Interactive white boards are expected to remain fast-selling as well as top-selling product in the global interactive display market. Although interactive flat panel display current hold a lower revenue share of the market, sales are projected to register an impressive expansion through 2026.
These factors have made North America the largest market for interactive display. Revenues from interactive display sales in North America will hold approximately two-fifth share of the market by 2026-end. Asia-Pacific excluding Japan (APEJ) will ride on the highest CAGR, to become the second largest market for interactive display by 2026-end.
On the basis of size type, 66 IN – 70 IN interactive displays will remain sought-after among end-users, with sales forecast to reach nearly US$ 4,000 Mn by 2026-end. 56 IN – 65 IN and 71 In – 80 IN will also remain a lucrative size type of interactive displays during the forecast period.
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