An interactive display typically comprises a large display screen along with a short projector, which connects to the computer and enables projecting any content present on the computer desktop. This projected content falls onto the surface of the interactive display. Users can then use a stylus, pen, or even their fingers to control the computer.
The Interactive Display Market has witnessed expansion by leaps and bounds over the past few years. Once discerned as devices reserved for firms, which are willing to thrive on the technological forefront, interactive displays are now becoming a commonly adopted device across various industrial sectors. A major challenge inhibiting manufacturers from exploring the application of interactive displays is the programming expense.
The global market for interactive display will exhibit a spectacular expansion during the forecast period 2017 to 2026, according to a recently delivered report by Fact.MR. Revenues from worldwide sales of interactive display are estimated to exceed US$ 16,500 Mn by 2026-end.
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.
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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.
North America is home to a large number of interactive display manufacturers and solution providers. Large scale adoption of interactive display is being witnessed in the region’s corporate, government, and education sectors. 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.
Fact.MR’s report has offered a list of prominent players in the global interactive display market, which include BenQ Corporation, Samsung Display Co., Ltd., Crystal Display Systems Ltd., Planar Systems Inc., IntuiLab SA, Panasonic Corporation, LG Display Co., Ltd., Hitachi, Ltd., ViewSonic Corporation, NEC Display Solutions Ltd., Egan Teamboard Inc., SMART Technologies, Microsoft Corp, Google Inc., Epson America, Inc., and Cisco Systems Inc.
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Interactive Display Market Outlook and Growth Stance Forecasted Through 2026
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